“The CMVM [Comissão do Mercado de Valores Mobiliários] continuously oversees market developments to promote its integrity and orderly functioning, monitoring the potential effects of market changes on the entities and structures under its supervision,” stated the market regulator in response to recent declines recorded at the end of last week and during Monday’s session.
Today, European and Asian markets closed in positive territory. However, the uncertainty heightened by the global tariffs announced by Donald Trump last week persists, with the possibility of further escalation in this trade war. The White House confirmed today that the United States will impose a 104% tariff on Chinese imports starting Wednesday, following through on a threat to increase tariffs by 50 percentage points.
In its response, the CMVM indicated that its market monitoring also includes, “whenever necessary,” communication and information exchange with the European supervisory authority (ESMA) and its counterparts.
The market supervisor also emphasizes that investors should make informed and considered decisions “in any situation and, especially, in contexts of high uncertainty, such as the current one,” where markets exhibit significant volatility.
Lisbon’s stock exchange closed higher today, with the PSI index rising 2.80% to 6,437.75 points, following a 5.63% drop the previous day.
Elsewhere in Europe, major stock exchanges also posted gains today after Monday’s declines hovered around 5% due to concerns over the impact of U.S. tariffs. London increased by 2.71%, Paris by 2.50%, Frankfurt by 2.48%, and Madrid by 2.37%.
On Wall Street, trading began on a positive note after the main indices managed to moderate losses at the week’s start, with the tech-heavy Nasdaq even closing with a slight gain, marking the third consecutive session of volatility.
