Portugal News: Carnaval, Stock Market & PSI Updates

by Michael Brown - Business Editor
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Lisbon’s stock exchange experienced a positive session on Wednesday, February 18, 2026, reaching levels not seen since June 2008, driven by strong performance in the construction sector. The PSI index closed up 0.17%, according to Investing.com Brasil.

The gains were initially spurred by positive momentum from companies like GALP and REN, as reported by XTB.com. This early strength carried through the day, contributing to the PSI’s highest closing value in nearly eight years.

Further bolstering the market, the construction sector demonstrated significant gains, playing a key role in the overall positive trend. Correio da Manhã Canadá reported that the PSI’s closing performance was largely attributed to the positive results within this industry.

Earlier in the day, the Lisbon stock exchange opened with a 0.29% increase, as noted by RTP. The overall market sentiment appears optimistic, reflecting a broader trend of recovery and growth within the Portuguese economy.

Carnival celebrations likewise contributed to a positive atmosphere in Lisbon, with festivities reaching their highest levels in almost 18 years, according to Jornal de Negócios. The vibrant celebrations are seen as a boost to local businesses and tourism.

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