The Portuguese stock exchange index PSI closed the session in the green, contrary to what had been observed throughout the day, benefiting from a significant boost from the construction sector and Galp. Mota-Engil was one of the main drivers of this upward movement, with its shares surging more than 5%.
In the major European stock exchanges, the session was marked by mixed performance, reflecting the uncertainty that characterizes the markets during this period. The new intensification of the conflict in the Middle East contributed to this environment of caution among European investors, creating selling pressures in several markets across the continent.
Despite the adverse external context, the national market managed to reverse the trend and finish in positive territory, supported by the good performance of companies in the construction and energy sectors. This resilience of the PSI highlights the positive impact these sectors have on the dynamics of the Portuguese stock exchange.
