Stock Markets March 25, 2026 01:09 PM

Portugal's PSI Advances 1.49% as Utilities, Financials and Materials Lead Gains

Lisbon benchmark rises driven by notable moves in renewables, pulp and banking names amid mixed commodity and currency moves

By Sofia Navarro
Share
Twitter Reddit Facebook LinkedIn

Portugal's main equity index closed higher, with the PSI up 1.49% as the Utilities, Financials and Basic Materials sectors posted the strongest gains. EDP Renovaveis, The Navigator Company and Banco Comercial Portugues were among the top advancers, while Nos SGPS, Galp Energia and Ren Redes Energeticas Nacionais weighed on the downside. Commodity and currency markets showed mixed performance at the close.

Portugal's PSI Advances 1.49% as Utilities, Financials and Materials Lead Gains
Summarize with
ChatGPT Perplexity Claude Grok Gemini

Key Points

  • The PSI closed up 1.49%, supported by gains in Utilities, Financials and Basic Materials.
  • EDP Renovaveis, The Navigator Company and Banco Comercial Portugues were the session's top performers; Nos SGPS, Galp Energia and Ren Redes Energeticas were the main decliners.
  • Commodity markets were mixed with Brent and crude oil down while June gold futures rose; currencies showed minimal net movement and the US Dollar Index Futures ticked up.

Portugal's equity market ended the trading session higher, with sector-level strength in Utilities, Financials and Basic Materials lifting the PSI by 1.49% at the close in Lisbon.

Market breadth favoured advance:decline, with 16 stocks rising, 9 falling and 6 finishing unchanged on the Lisbon Stock Exchange.

Top performers

  • EDP Renovaveis (ELI:EDPR) led gains on the PSI, climbing 4.55% or 0.59 points to finish at 13.55.
  • The Navigator Company SA (ELI:NVGR) added 2.96% or 0.09 points to close at 3.27.
  • Banco Comercial Portugues (ELI:BCP) rose 2.58% or 0.02 points to end the session at 0.83.

Lagging names

  • Nos SGPS SA (ELI:NOS) was the weakest among the listed names noted, slipping 1.13% or 0.06 points to 5.26 at the close.
  • Galp Energia Nom (ELI:GALP) declined 0.67% or 0.14 points to finish at 20.78.
  • Ren Redes Energeticas Nacionais SGPS SA (ELI:RENE) fell 0.40% or 0.02 points to end at 3.74.

Commodities and fixed-income related moves

In commodities trading, Brent oil for June delivery was down 2.98% or 2.99 to $97.24 a barrel, while crude oil for May delivery fell 1.80% or 1.66 to $90.69 a barrel. The June Gold Futures contract moved higher, up 3.30% or 146.45 to trade at $4,580.55 a troy ounce.

Currencies and dollar index

Foreign exchange pairs showed small adjustments: EUR/USD was unchanged 0.34% to 1.16, and EUR/GBP was unchanged 0.08% to 0.86. The US Dollar Index Futures rose 0.12% to 99.36.

Market context

The session reflected selective buying interest concentrated in sectors tied to renewable energy, materials and domestic banking names. The stronger performance of several utilities and materials stocks contrasted with modest declines among select energy and telecom companies.

Additional note

What are the best investment opportunities in 2026? The best investments start with better data. Going with your gut has its place, but when excitement masquerades as intuition, it can lead to costly mistakes—or analysis paralysis. InvestingPro+ combines institutional-grade data with AI-powered insights that you don't need a finance PhD to understand. It won't guarantee winners, but it will certainly help you find more of them, more often. So what are the best investments of 2026 so far? Ask WarrenAI, then decide.

Risks

  • Selective sector weakness - Energy and telecommunications names showed declines, which could restrain broader gains in market sessions where these sectors influence headline indices.
  • Commodity price volatility - Notable moves in Brent, crude and gold introduce uncertainty for sector performance, particularly energy and materials companies.
  • Narrow breadth - With 16 winners versus 9 losers and 6 unchanged, the advance was not uniformly distributed across all listed stocks, indicating potential fragility if selling pressure increases.

More from Stock Markets

Milan Closes Higher as Travel & Leisure, Industrials and Utilities Lead Gains Sep 16, 2026 Portuguese Stocks Close Higher as PSI Reaches Five-Year Peak Sep 16, 2026 Warsaw benchmark retreats as energy, oil & gas and banks weigh on market Sep 16, 2026 DeepMind Co-Founder Launches Institute, Urges AI Safety Measures to Keep Pace with Capability Growth Sep 16, 2026 Sylvamo Shares Jump After Wells Fargo Starts Coverage; Analyst Cites Cost Advantage and Integrated Operations Sep 16, 2026