Around 9:40 am in Lisbon, the PSI maintained its opening trend, advancing 0.84% ​​to 8,779.89 points, a new high since January 2010, with 10 stocks rising, three falling, and three maintaining their prices (Ibersol at €10.65, Semapa at €22.25, and Teixeira Duarte at €0.48).

Following EDP Renováveis ​​shares, those of Mota-Engil and NOS rose 1.73% to €4.59 and 1.30% to €3.49, respectively, as did those of REN and BCP, both increasing 1.30% to €3.49 and €0.95.

Following the same trend, CTT and EDP shares both rose 0.87% to €6.94 and €4.30, respectively.

The other three shares that increased in price were Sonae (+0.33% to €1.81), Navigator (+0.31% to €3.21), and Jerónimo Martins (+0.20% to €20.18).

Conversely, Galp, Corticeira Amorim, and Altri shares fell 0.60% to €16.57, 0.30% to €6.74, and 0.11% to €4.39, respectively.

On Monday, Galp released operational data for the fourth quarter of 2025, during which it averaged 113,000 barrels of oil equivalent per day, a 2% increase from the same period last year and slightly below the previous quarter.

Major European stock exchanges opened higher today, after the Madrid and London stock exchanges reached new all-time highs on Monday, with precious metals rising again after the sharp falls recorded in recent sessions.

On Monday, the IBEX 35 index of the Madrid stock exchange surpassed the 18,100-point level for the first time, while the FTSE100 index of the London stock exchange also reached a new all-time high after exceeding the 10,300-point level.

Meanwhile, precious metals were rising again today after the sharp falls recorded in recent sessions.

Gold is up 6.39%, with the ounce at $4,932.66, and silver is up 12.37%, to $87.8156, after the sharp falls recorded by both metals last Friday and Monday, corrections that, according to analysts, are part of the usual technical behaviour in precious metals.

Regarding oil, declines moderated compared to Monday, when they exceeded 4% amid sentiment that tensions between the United States and Iran were de-escalating.

In the commodities market, Brent crude, the benchmark in Europe, for April delivery, fell 0.47% to $65.90, compared to $66.30 in the previous session, while West Texas Intermediate (WIT), the US benchmark, retreated 0.34% to $61.94.

Wall Street closed higher on Monday, and futures are currently up 0.08% for the Dow Jones and 0.36% for the Nasdaq, in a context where billionaire magnate Elon Musk announced that he has merged his aerospace company SpaceX with his artificial intelligence (AI) startup xAI.

The euro rose to 1.1819 dollars in the Frankfurt foreign exchange market, compared to 1.1800 dollars on Monday and 1.1980 dollars on 27 January, a new high since June 2021.