At around 09:00 in Lisbon, the PSI index reversed its opening trend and fell 0.15% to 7,726.12 points, with four stocks rising, seven falling, and four remaining unchanged.
The biggest movers included CTT, down 1.48% to 7.33 euros, and Mota-Engil, declining 1.28% to 5.03 euros, surpassing BCP, which dropped 0.84% to 0.71 euros.
Also in negative territory were NOS (-0.51% to 3.88 euros), REN (-0.34% to 2.94 euros), and Sonae (-0.30% to 1.31 euros).
On the positive side, Ibersol saw the biggest gain, rising 0.50% to 10.15 euros.
Additionally, there were gains in EDP Renováveis (0.31% to 9.84 euros), Navigator (0.06% to 3.28 euros), and EDP (0.03% to 3.83 euros).
At the same time, Altri, Corticeira Amorim, Jerónimo Martins, and Semapa remained unchanged from the opening, priced at 5.02 euros, 7.49 euros, 21.26 euros, and 18.16 euros, respectively.
The main European stock exchanges opened today in positive, yet cautious, territory as the decision from the United States Federal Reserve (Fed) on a likely interest rate cut is anticipated.
The U.S. is poised for the first Fed interest rate cut in nine months, expected to be a quarter of a point.
This European performance follows Wall Street markets, which slightly dipped while also awaiting the Fed’s decision.
