Markets, Business & Tech Briefing: PSI Up 0.59%, Galp Q1 Beats, EDP Renováveis Surges 4%
The latest Portugal news, analysis, and what it means for expats and residents.
Daily roundup of Portuguese markets, business news, and tech developments.
The latest Portugal news, analysis, and what it means for expats and residents.
In today's briefing: • PSI Closes the Week at 9,123.76 • 10-Year OT Holds Just Above 3.4% • Euro Slips Back Below $1.17 • The Earnings Parade Begins Monday • Weekend Tape: M&A Cools, Storm Aid Flows • Outlook for Monday
European Markets Close Mixed Amid Global Volatility European equities ended last week on an uncertain note. The S&P 500 edged up 0.15 percent to 6,872 on Friday, while the Dow fell 0.21 percent after weaker-than-expected U.S. Q4 GDP data collided...
PSI Approaching 10,000-Point Milestone The PSI index has gained 1,000 points in fewer than 100 trading sessions, a pace of ascent not seen since before the 2008 financial crisis. Analysts point to a global rotation into European equities and the prospect of the Fidelidade IPO as key drivers. The...
Property Values Surge 17.7%INE's House Price Index shows residential property values climbed 17.7 percent year-on-year in late 2025, with median prices at 2,111 euros per square metre.
Euro Softens on ECB Leadership UncertaintyThe euro hovered near $1.179 on Thursday after reports that ECB President Christine Lagarde may leave before her term ends rattled currency markets.
Markets & FinancePSI-20 opens near 9,058 as Lisbon equities hold steady. The Euronext Lisbon benchmark index opened at approximately 9,058 points on Wednesday, trading within a narrow range that has characterised the market since mid-February.