Lisbon, Dec. 22, 2025 (Lusa) - The Lisbon stock market traded lower on Monday, with Semapa falling 2.43% to €20.05, after the group announced on Friday the sale of cement company Secil, valued at €1.4 billion.
At around 9:25 a.m. in Lisbon, the PSI maintained its opening trend and fell 0.74% to 8,151.61 points, against a new high since January 2010 of 8,484.01 points recorded on 5 November, with 12 stocks rising and four falling.
Semapa announced on Friday the sale of its cement company, Secil, to its Spanish counterpart, Molins, with the deal expected to be completed in the first quarter of 2026.
After closing up 1.43% to €17 on Thursday, Semapa rose more than 20% on Friday.
Secil, founded in 1930, "is one of the leading Portuguese companies in the cement sector, with an international presence and a track record of growth and value creation recognised in the sector," according to a statement released by Semapa.
The Semapa group has more than 8,000 employees and is present on four continents, with more than 75% of its turnover coming from international markets.
Semapa's shares were followed by those of EDP Renováveis, REN and Navigator, which also fell in value, namely 1.43% to €11.73, 0.93% to €3.18 and 0.91% to €3.06.
Following the same trend, Sonae, Jerónimo Martins and EDP shares fell 0.86% to €1.61, 0.79% to €20.10 and 0.70% to €3.83.
Shares in CTT, NOS and Corticeira Amorim also fell, 0.67% to €7.38, 0.63% to €3.95 and 0.46% to €6.54.
The other two shares that fell in price were Ibersol (-0.40% to €9.86) and Altri (-0.34% to €4.39).
In contrast, shares in Mota-Engil, Teixeira Duarte and BCP rose 0.88% to €5.17, 0.30% to €0.67 and 0.16% to €0.90.
Galp shares rose 0.11% to €14.22.
The main European stock markets were down today, at the start of a week in which the market will be operating at half-gas due to the Christmas season.
European stock markets will only open normally today and on Tuesday; on Wednesday, they will operate a half-session; and they will be closed on Thursday and Friday.
Today's agenda highlights include the publication in the United Kingdom of the final reading of Gross Domestic Product (GDP) and, in Spain, the trade balance through October.
The People's Bank of China (PBC, central bank) announced today that it will keep its benchmark interest rate at 3% for the eighth consecutive month, thereby fulfilling the most widespread analyst forecasts, which had not anticipated any change.
Wall Street futures, which ended last Friday on a high, boosted by US November inflation data that slowed to 2.7%, are advancing today with more moderate gains of 0.43% for the Nasdaq and 0.09% for the Dow Jones.
As for commodities, gold is at an all-time high, reaching $4,400 per ounce for the first time in its history, while silver also set a new record, trading at $68.71 per ounce, up 2.32% from Friday.
The price of gold, historically considered a safe-haven asset in times of uncertainty, rose today, with an ounce trading at $4,410.93, a new all-time high.
Brent, the benchmark crude oil in Europe, for delivery in February 2026, is advancing to $61.08, up from $60.47 in the previous session.
The euro rose to $1.1725 on the Frankfurt foreign exchange market, compared to $1.1710 on Friday and the new four-year high of $1.1865 recorded on 16 September.
MC/ADB // ADB.
Lusa
