PSI cancels opening losses and rises 0.01% after an hour and a half
Business

PSI cancels opening losses and rises 0.01% after an hour and a half

Correio da Manhã4 September 2026 at 10:46

The PSI index of the Lisbon Stock Exchange cancelled the losses recorded at the opening and closed up 0.01% after an hour and a half of trading. The Portuguese market managed to reverse the initial negative trend and finish in the green.

Jerónimo Martins was the stock that rose the most on the index, with a gain of 0.83%, settling at 18.16 euros per share. The retailer was thus the main driver of the slight gain recorded by the PSI.

Related articles

Business

Dario Durigan blames high interest rates and changes in consumer habits for the crisis in retail companies

The Minister of Finance, Dario Durigan, attributed the crisis in retail companies to three main factors: high interest rates, changes in consumption habits with a preference for online shopping, and the loss of financial revenue from companies' own credit cards. In an interview with Jornal da Record, Durigan explained that retailers increased their dependence on physical sales, while consumers migrated to the digital environment. Additionally, many companies obtained additional revenue by charging interest on installment plans and cards offered to customers for installment purchases, revenue that has been reduced in the current scenario.

extra04/09/26, 11:39
Business

Azores Firefighters Receive New Ambulances and Defibrillator Monitors

Eleven firefighter associations in the Azores will receive 12 ambulances and 70 transport defibrillators, in an investment exceeding 1.68 million euros funded by the Recovery and Resilience Plan, aimed at strengthening the emergency response capacity in the region.

Açoriano Oriental04/09/26, 11:38
Business

Entrepreneurs say they are being "persecuted" by the GNR

The Chamber of Commerce and Industry of Angra do Heroísmo, in the Azores, expressed outrage at the heavy fines being issued by the GNR, considering that inspections are focused on minor issues that are irrelevant to the legality of business operations. Local entrepreneurs feel persecuted by the authorities and are calling for more equitable enforcement, asking that the focus also fall on the parallel market and informal economy, rather than excessively penalizing legalized businesses.

Açoriano Oriental04/09/26, 11:36
Business

Volkswagen announces closure of the Seat brand by end of 2029

German press reported this Thursday that Volkswagen announced the closure of the Seat brand by the end of 2029, a decision that highlights the severe economic crisis affecting the German group and the need for restructuring of the automotive conglomerate.

Now04/09/26, 11:33