PSI 20 closes at 9,476.73 points after broad European selloff
Published on 11/06/2026 at 22:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPSI ends week slightly lower
- The PSI 20 closed at 9,476.73 points on Friday, down 0.07 percent in Lisbon.
- Galp, Sonae and NOS weighed on the index, while EDP Renováveis limited the decline with a 5.84 percent gain.
- Robust US employment data reinforced concerns that interest rates could remain elevated for longer.
Portugal's PSI 20 ended the Friday, November 6, 2026 session at 9,476.73 points, down 0.07 percent in Lisbon. The close followed a broadly weaker European trading day, with investors reassessing interest-rate expectations after stronger-than-expected US employment data and continuing uncertainty around technology and artificial-intelligence spending.
The closing level and daily performance were reported by Jornal Económico, which described the session as a slight decline alongside losses across major European markets. The report cited a 1.20 percent fall in the Euro Stoxx 50 and a 1 percent decline in the Stoxx 600.
Galp offsets strong EDPR gain
Energy stocks drove much of the internal divergence. Galp Energia fell 3.15 percent to 19.08 euros, while EDP Renováveis rose 5.84 percent to 14.49 euros. Sonae declined 2.20 percent to 2.2250 euros and NOS lost 1.54 percent to 5.44 euros. Mota-Engil gained 1.49 percent to 4.510 euros, and Altri advanced 0.96 percent to 4.220 euros.
Investing.com likewise reported that telecoms, consumer services and financials were among the sectors weighing on the Portuguese market. Declining stocks outnumbered advancing stocks 16 to 11, with four unchanged.
Rates remain a market focus
The wider backdrop remained cautious. Jornal Económico reported that October US payrolls increased by 165,000, compared with 59,000 expected, while the unemployment rate fell to 4.1 percent. The stronger labor-market figures increased concern that the Federal Reserve could keep interest rates high for longer. Brent crude also declined during the session, a factor that added pressure to Galp while the stock's own movement remained the clearest direct drag on the index.
For investors, Friday's small PSI decline masked a pronounced split between individual constituents. The index's resilience relative to larger European benchmarks reflected the contribution from EDP Renováveis and other gainers, but the session also underscored the sensitivity of Lisbon's market to energy prices, financial conditions and movements in its largest liquid stocks. Further PSI 20 coverage is available on the PSI 20 topic page.
