European stock markets are in positive territory, and the PSI follows suit. Mota and Jerónimo Martins lead the way.

The PSI is up +0.99%, with 14 of the 15 stocks in the green. Only Galp is down slightly (-0.03%). Mota-Engil is the star of the session, rising +3.06%. Jerónimo Martins is up +2.26%. NOS is up +1.94%; Corticeira Amorim is up +1.61%; Altri is also up +1.22%; BCP is up +1.05%; REN is up +1.37%; and Semapa is up +1.27%. The list of gains of more than 1% is extensive.

In Europe, green dominates, but the CAC 40 is an exception. The French index falls 0.18% midway through the session.

The FTSE is up 0.20%; the DAX is up 0.71%; the FTSE MIB is up 0.34%; and the IBEX is up 0.63%.

The Stoxx 600 advances 0.50% and the EuroStoxx 50 rises 0.23%.

"European stock markets gained traction throughout the morning, and most remain higher, in a session where investors await data on private employment creation and activity in services in the US, which could impact sentiment. Employment data will be closely monitored, after the Fed Chairman opened the door to interest rate cuts if the labor market continues to show signs of weakness," say Millennium BCP analysts.

"In the corporate world, Sanofi is falling by around 10% after an experimental treatment disappointed. This is because, although the treatment achieved all its objectives, the improvements were inferior to those of the leading drug on the market. The decline penalizes the CAC, which thus diverges from its European peers," they add.

In the Forex market, the euro fell 0.15% to $1.1645.

Brent oil falls 1.52% to $66.57.