As of 09:40 in Lisbon, the PSI, which has consisted of 16 companies since September 22, maintained its upward opening trend, advancing 0.73% to 8,332.20 points with 12 securities rising and four falling.
The PSI concluded last Thursday at a new high since April 16, 2010, reaching 8,340.83 points.
Mota-Engil, through its subsidiary Mota-Engil Mexico, signed new contracts in Mexico valued at over 1,000 million euros, the largest of which is a railway construction project worth 820 million euros, the company announced on Monday.
In a statement sent to the Comissão do Mercado de Valores Mobiliários (CMVM), Mota-Engil explained that the new contract signed with the Secretaria de Infraestructura, Comunicaciones y Transportes includes the design and construction of the second section (between Apaseo el Grande and Irapuato) of the Querétaro-Irapuato railway link, with a total length of 70.7 kilometers.
The company had already secured the contract for the first section of this project in August, which is a strategic part of Mexico’s National Railway Plan.
Following the shares of Teixeira Duarte and Mota-Engil, those of Sonae, EDP, and REN also appreciated, notably 2.02% to 1.41 euros, 1.49% to 13.58 euros, and 1.29% to 3.14 euros respectively.
More modestly, shares of Altri, Galp, and Navigator advanced 1.01% to 4.99 euros, 0.94% to 16.19 euros, and 0.91% to 3.10 euros.
Shares of CTT and Corticeira Amorim rose 0.73% to 6.90 euros and 0.55% to 7.25 euros, as well as EDP (+0.45% to 4.47 euros) and Semapa (+0.23% to 17.72 euros).
Conversely, shares of Ibersol and BCP fell 0.50% to 10.05 euros and 0.24% to 0.76 euros.
The other two stocks declining were Jerónimo Martins (-0.20% to 20.24 euros) and NOS (-0.13% to 3.71 euros).
Major European stock exchanges opened today with mixed sentiments, with attention focused on third-quarter corporate earnings reports.
Among the most noteworthy data released so far is the UK’s year-on-year inflation, which remained unchanged at 3.8% in September, continuing at its highest level since January last year.
In Asia, Tokyo’s Nikkei index closed down 0.11%. Today, it was revealed that Japan recorded a trade deficit of 234.620 million yen (1.333 million euros) in September.
Meanwhile, the Shanghai Composite index fell 0.07%, Shenzhen’s by 0.62%, and Hong Kong’s Hang Seng declined 1.02% shortly before the session’s end.
In the U.S., after a mixed close on Tuesday, Wall Street futures advanced slightly with a 0.13% uptick for the Dow Jones and 0.01% for the Nasdaq.
Focus in the country is on the results of electric vehicle manufacturer Tesla, which will announce its nine-month financial results today, having reported a net profit of $1.581 billion in the first half of 2025, down 39.4% compared to the same period in 2024.
The price of gold, historically a safe haven in uncertain times, rose 0.89% today, with an ounce trading at $4,142.57 after falling more than 5.8% to $4,113.53 on Tuesday, and from an all-time high of $4,347.86 on October 20.
Meanwhile, Brent crude, the benchmark for Europe for December delivery, increased to $62.33, up from $61.32 on Tuesday.
The euro fell to $1.1601 in Frankfurt’s exchange market, down from $1.1609 on Tuesday and a new four-year high of $1.1865 recorded on September 16.
