Portugal's stock market closed higher, with the PSI index increasing by 0.50%. Gains were led by sectors such as Utilities, Telecoms, and Technology. Notable performers included Galp Energia, which reached an all-time high with a 2.32% rise, and EDP Renovaveis and EDP Energias de Portugal, both posting over 1.5% gains. Conversely, Jeronimo Martins, Altri SGPS, and CTT Correios de Portugal experienced declines. The overall market saw more stocks fall than rise. In commodities, Brent oil surged over 2%, trading above $102 per barrel amid ongoing supply concerns related to Iran. Gold and crude oil also increased, while the US dollar weakened slightly. The positive stock performance reflects investor confidence amid rising energy prices and sector-specific gains in Portugal.