PSI down with Galp falling 9%
The Lisbon stock market declined today, with Galp shares dropping nearly 9% after ending negotiations with Moeve despite reporting a 68% profit increase in Q3. The PSI index fell 0.64%, with mixed performances among other companies. While Galp's stock fell, Mota-Engil and CTT saw gains. European markets opened higher, influenced by falling oil prices, while Madrid's market declined due to Brazilian market concerns. The euro stabilized against the dollar, and Brent crude prices decreased. Upcoming central bank meetings are anticipated to influence market trends.