Around 09:05 in Lisbon, the PSI was down 0.46% to 6,562.71 points, with nine 'securities' falling, five rising and two maintaining their price (Greenvolt at 8.30 euros and NOS at 3.28 euros).

EDP shares were followed by BCP, EDP Renováveis and Jerónimo Martins, which fell 0.92% to 0.32 euros, 0.85% to 12.76 euros and 0.79% to 18.73 euros.

Shares in Mota-Engil, CTT and REN fell 0.79% to 4.26 euros, 0.55% to 4.54 euros and 0.45% to 2.23 euros.

The other two shares that fell in price were Corticeira Amorim and Navigator, namely 0.41% to 9.67 euros and 0.19% to 4.12 euros.

On the contrary, shares in Altri, Ibersol and Semapa rose 0.48% to 5.18 euros, 0.28% to 7.06 euros and 0.13% to 15.48 euros.

The other two shares that rose in value were Sonae and Galp, which recorded gains of 0.11% to 0.93 euros and 0.10% to 20.08 euros.

The main European stock markets were up today, pending the presentation of more corporate results in Europe and the United States.

Tuesday's session saw widespread gains, both in Europe and the United States, where Wall Street closed in the green, in anticipation of results from large companies such as Tesla.

Although Tesla cut its first-quarter profit by 55%, the automaker's shares rose more than 13% in after-hours trading, due to its plan to manufacture cheaper cars.

In the US, a new wave of results will be released today, namely from Meta, while futures on major Wall Street indices are expected to open in the green.

On the macroeconomic front, the market will await the release of the Ifo business confidence index in Germany and the crude oil inventory report from the International Energy Agency (IEA).

The Brent oil barrel for June delivery opened higher today, trading at $88.49 on the Intercontinental Exchange Futures (ICE) in London, compared to $88.42 on Tuesday.

In terms of exchange rates, the euro opened lower on the Frankfurt foreign exchange market, trading at $1.0690, compared to $1.0700 in the previous session.

Read Also: European stock markets up, awaiting more business results (Portuguese version)