PSI 20 closes at 9,483.21 points, up 0.98%
Published on 11/05/2026 at 22:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPSI 20 ends higher in Lisbon
- The PSI 20 closed at 9,483.21 points on Thursday, November 5, gaining 0.98%.
- Sonae, NOS and EDP Renováveis were among the strongest performers, while CTT, Altri and Mota Engil declined.
- European technology and defence stocks weakened as investors assessed the implications of the US midterm elections.
The PSI 20 closed Thursday, November 5, at 9,483.21 points, up 0.98% from the previous session. The move extended the Portuguese benchmark's advance after its 1.82% gain on Wednesday and took the index to a new one-month high, according to EconomiaHub.
Sonae leads Lisbon gainers
Market breadth was mixed across the leading constituents. Sonae rose 5.57% to 2.28 euros, NOS gained 4.05% to 5.53 euros and EDP Renováveis advanced 1.63% to 13.69 euros. The gains helped lift the index despite weakness in several other large Portuguese stocks.
CTT Correios de Portugal was the weakest performer, falling 3.81% to 4.55 euros. Altri declined 1.65% to 4.18 euros, while Mota Engil lost 1.33% to 4.44 euros. These individual moves were reported by Investing.com, which also noted that gains in telecoms, consumer services and utilities supported the session.
European backdrop turns more cautious
The advance in Lisbon came against a more unsettled European backdrop. The pan-European STOXX 600 closed 0.38% lower, with technology stocks down 3.2% and defence stocks also under pressure, according to Reuters, published by Euronext. Investors were assessing the consequences of the Democratic sweep in the US midterm elections, including the possible impact on artificial-intelligence investment and fiscal policy.
Reuters also reported that semiconductor shares weakened sharply as concerns about AI infrastructure spending weighed on global risk appetite. At the same time, oil prices recovered after a steep decline in the previous session as markets reassessed the outlook for the Iran conflict. The broader developments provide context for the late-session international environment, but they do not by themselves establish a causal explanation for the PSI 20's daily move.
What investors should watch
The Portuguese benchmark's gain was broad enough to offset pronounced declines in several constituents, but the mixed performance also underlines the importance of sector and stock selection. Financials, utilities, telecoms and consumer services were the main areas of strength in Thursday's session, while the broader European technology selloff remained a risk factor for international sentiment.
Further PSI 20 coverage is available on the PSI 20 topic page.
