Lisbon's stock market registers a gain of 0.43%
The Lisbon Stock Exchange experienced an upswing on Friday, with the PSI index (Portuguese Stock Index) increasing by 0.43% to reach 7,407.62 points. The exchange's positive trajectory continued from the previous day, having closed with a 0.20% gain on Thursday, ending at 7,375.80 points.
The ascension was propelled by the performances of Ibersol and Mota-Engil, key players in the Portuguese stock market. In contrast, most major European exchanges were in the red. This upward trend contrasted the broader downturn observed in many European markets.
Global markets have been influenced by various geopolitical and economic factors, contributing to the positive sentiment witnessed in the Lisbon Stock Exchange. On May 29, 2025, a partial judicial block on U.S. tariffs boosted investor confidence worldwide, signaling that any potential negative impact from new tariffs on the global economy might be minimal. This court decision spurred renewed risk appetite among investors.
The oil market also demonstrated strength, with Brent crude climbing 1.65% and WTI crude rising 1.79%. The Euro slightly depreciated against the dollar, potentially benefiting export-oriented companies by making their products more competitive on the global market.
Furthermore, Asian markets such as the Tokyo Nikkei and Chinese indices showed marked increases, and the German 10-year bond yield rose, indicative of shifting investor sentiment towards risk assets. The synchronized climb in major Western and Asian markets, combined with favorable currency movements, contributed to the Lisbon Stock Exchange's ascent.
In sum, the Lisbon Stock Exchange's 0.43% rise can be attributed primarily to the positive global market sentiment following the US tariff court ruling, upticks in energy prices, and concurrent increases in major Western and Asian markets, as well as currency fluctuations advantageous for export-oriented companies.
What factors contributed to the 0.43% rise in the Lisbon Stock Exchange? The positive global market sentiment following the US tariff court ruling, upticks in energy prices, and concurrent increases in major Western and Asian markets, as well as currency fluctuations advantageous for export-oriented businesses, played significant roles in the finance sector, with investors showing renewed interest in investing in business opportunities.
