The shares of EDPR increased by 3.67% to 13.01 euros per share.
Around 09:20 in Lisbon, the PSI index, which has encompassed 16 companies since September 22, maintained its opening trend, rising 0.66% to 8,203.05 points, marking a new high since April 2010, with eleven stocks rising and five declining.
Following EDPR, the shares of EDP, Ibersol, and Semapa rose by 1.64% to 4.22 euros, 1.48% to 10.90 euros, and 1.09% to 18.50 euros, respectively.
The shares of Navigator, Altri, and Sonae also increased, respectively by 0.83% to 3.17 euros, 0.61% to 4.97 euros, and 0.59% to 1.37 euros.
Corticeira Amorim and NOS shares rose by 0.42% to 7.23 euros and 0.40% to 3.79 euros, while BCP and Mota-Engil advanced by 0.13% to 0.75 euros and 0.09% to 5.65 euros.
Conversely, shares of Jerónimo Martins, Teixeira Duarte, and CTT fell by 0.67% to 20.66 euros, 0.36% to 0.55 euros, and 0.28% to 7.04 euros.
The other two shares that depreciated were those of REN and Galp, decreasing by 0.16% to 3.06 euros and 0.03% to 16.53 euros, respectively.
Major European stock markets opened today without a fixed direction, focused on the preliminary agreement for a peace plan for Gaza that Israel and Hamas agreed to sign early this morning in Egypt.
Besides the Gaza peace plan, which the Israeli Prime Minister’s government may ratify this afternoon, markets remain vigilant on the situation in France, where President Emmanuel Macron is to appoint a new prime minister “within 48 hours,” as recommended by outgoing Prime Minister Sébastien Lecornu, and the US federal government shutdown.
Investors will also pay attention to the European Central Bank (ECB) releasing the minutes of its last monetary policy meeting, which kept the interest rate at 2% and suggested maintaining this level unless the economic situation changes significantly. Meanwhile, the minutes from the Federal Reserve’s (Fed) meeting in the US confirmed the institution’s inclination towards more interest rate cuts before year-end.
Wall Street futures are advancing with slight gains, with none of the three main indices exceeding 0.10%.
In Asia, after resuming activities today following recent festivities, Tokyo’s main index, the Nikkei, rose by 1.77%, closing at a new high, driven by the appreciation of technology companies, particularly those related to the artificial intelligence sector.
China’s Commerce Ministry announced today the immediate imposition of export controls on technologies related to rare earths, one of the main areas of tension between the Asian giant and the United States.
The price of gold, historically viewed as a safe haven in times of uncertainty, decreased today by 0.55%, with an ounce priced at 4,029.93 dollars, after achieving an all-time high of 4,056.63 points on Wednesday.
In the debt market, Germany’s 10-year bond yields increased to 2.685%, from 2.673%, while France’s decreased to 3.504%, from 3.514% on Wednesday, and the peak of 3.600% on September 25.
Brent, the benchmark crude oil in Europe, for December delivery is rising to 66.33 dollars, against 66.25 dollars on Wednesday.
The euro advanced to 1.1623 dollars in the Frankfurt currency exchange market, from 1.1605 dollars on Wednesday, reaching a new four-year high of 1.1865 dollars on September 16.
