At around 09:10 in Lisbon, the PSI maintained its opening trend, advancing 0.86% to 8,356.33 points, against a new high since January 2010 of 8,484.01 points recorded on November 5, with 15 stocks rising and one remaining steady (Ibersol at 10.35 euros).
On Wednesday, Sonae announced that it registered shareholder profits of 200 million euros for the first nine months of this year, a 38% increase compared to the same period last year.
This result reflects “the improvement in operational performance of the businesses and a solid financial structure,” the group indicated, highlighting that, regarding the third quarter, profits were 98 million euros, “an increase of 34% from the previous year, supported by improved operational performance and reduced financial costs, sustained by a decrease in net debt and a lower average debt cost.”
Meanwhile, Sonae’s consolidated turnover increased by 17% to 8.2 billion euros in the first nine months of the year, “with organic expansion, strengthening of leadership positions, exploration of synergies, and active portfolio management,” it noted.
Sonae’s stock was followed by Teixeira Duarte and Mota-Engil, which also appreciated, notably, by 2.36% to 0.69 euros and by 1.98% to 5.91 euros, respectively.
More moderately, shares of EDP Renováveis, EDP, and Corticeira Amorim rose by 1.44% to 11.97 euros, 0.89% to 3.86 euros, and 0.76% to 6.63 euros.
Similarly, shares of REN and NOS increased by 0.59% to 3.39 euros and 0.55% to 3.63 euros, respectively, along with those of CTT and Jerónimo Martins, both up 0.54% to 7.38 euros and 22.20 euros.
Shares of Altri and Navigator both advanced 0.20% to 4.91 euros and 3.06 euros.
The other three rising shares were those of Semapa (0.11% to 17.80 euros), BCP (0.05% to 0.81 euros), and Galp (0.03% to 18.11 euros).
Main European stock markets opened today with gains, following Wednesday’s trend, boosted by the reopening of the US Administration after the longest shutdown in history, lasting 43 days.
The US House of Representatives approved a provisional budget on Wednesday, already passed by the Senate, which will last until January 30, by which time Congress should approve funds for the entire 2026 fiscal year to avoid another partial government shutdown.
In the United Kingdom, it became known that the Gross Domestic Product (GDP) grew by 0.1% in the third quarter of the year, partly due to the rise in the services sector.
After ending with opposing trends, futures are currently advancing with slight gains of 0.29% for the Dow Jones and 0.20% for the Nasdaq.
Brent crude, the benchmark oil in Europe, for delivery in January 2026, is declining to 62.65 dollars, down from 62.71 dollars on Wednesday.
Wednesday’s sharp drops in Brent and West Texas Intermediate (WTI) oil prices, a US benchmark, occurred after the Organization of the Petroleum Exporting Countries (OPEC) announced it maintains the forecast for consumption increase.
The euro rose to 1.1619 dollars in the Frankfurt exchange market, from 1.1593 dollars on Wednesday and the new four-year high of 1.1865 dollars recorded on September 16.
