Lisbon, Jan. 26, 2026 (Lusa) - The Lisbon stock market has reversed its opening trend on Monday morning and is trading slightly lower, with Teixeira Duarte shares falling 4.10% to €0.51.
At around 9:45 a.m. in Lisbon, the benchmark PSI (Portuguese Share Index) had reversed its opening trend and was falling 0.01% to 8,557.14 points, with eight stocks falling, five rising and three maintaining their price (Corticeira Amorim at €6.81, Ibersol at €10.45 and NOS at €4.38), after closing at a new high since January 2010 of 8,639.05 points on 16 January.
Teixeira Duarte shares were followed by Mota-Engil, Galp and REN, which were down by 1.12% to €4.43, 0.88% to €15.80 and 0.45% to €3.34, respectively.
Following the same trend, CTT shares were down by 0.29% to €6.81, as were EDP Renováveis and Semapa, which were both falling by 0.23% to €12.77 and €21.80.
Jerónimo Martins shares were off 0.20% to €20.18.
In the opposite direction, BCP, Altri and EDP shares were rising 1.08% to €0.90, 0.78% to €4.53 and 0.66% to €4.24, respectively.
The other two shares on the rise were Navigator (+0.50% to €3.23) and Sonae (+0.46% to €1.76).
The main European stock markets were mixed after opening slightly higher, in line with the rise in the price of gold, which reached new historic highs after an ounce exceeded US$5,100.
At the opening of the market, the euro is stronger, rising sharply against the US$, climbing 0.85% and is now trading above US$1.185.
Markets are watching closely this week as the US Federal Reserve (Fed) meets from Tuesday to Wednesday, with no changes expected and interest rates likely to remain between 3.50% and 3.75%.
Wall Street futures, after closing last week with mixed results, are down 0.08% for the Nasdaq and up 0.03% for the Dow Jones.
In recent hours, US President Donald Trump has threatened Canada with a 100% tariff if it concludes a trade agreement with China.
After gold surpassed US$5,100 at 7:00 a.m. in Lisbon, the price of silver also reached new highs, rising almost 7%.
The price of gold, historically considered a safe haven asset in times of uncertainty, continued to rise today, with an ounce trading at US$5,096.91, a new all-time high, compared to US$4,987.49 on Friday.
The price of silver was also rising, to US$109.7519, a new all-time high, after closing above US$100 for the first time on Friday ($103.1911).
In the commodities market, Brent, the benchmark crude oil in Europe, for March delivery, is down 0.06% to US$65.79, compared to US$65.88 in the previous session.
The euro rose to US$1.1854 on the Frankfurt foreign exchange market, compared to US$1.1828 on Friday and the new four-year high of US$1.1865 recorded on 16 September last year.
MC/AYLS // AYLS
Lusa
