Ibex 35 started this Tuesday’s session with a decline of 0.49%, which caused the selector to lose the level of 9,000 points, reaching 8,869.7 points, on a day once again marked by the presentation. uncertainty about business outcomes and consequences of conflict Between Israel and Hamas.
Before the start of the trading day, BBVA reported to the National Securities Market Commission (CNMV) that it closed the first nine months of 2023 with a net profit of 5 billion 961 million euros, an increase of 24.3% compared to the same period. from the previous year.
Endesa, on the other hand, made a net profit of 1 billion 59 million euros until September; This represents a decrease of 35.9% compared to 1 billion 651 million euros in the same period last year, due to lower availability of extraordinary items.
Likewise, Indra also made a net profit of 146 million. million euros in the first nine months of the yearThis represents an increase of 26% compared to the 116 million euros recorded in the same period the previous year.
Also in the business field, the State Industrial Participation Association (SEPI) confirmed to CNMV this Tuesday that it is considering purchasing shares in Telefónica.
Before the market opens in the macro section, It was known that the economy would grow France slowed to 0.1% in the third quarter of the year, compared to 0.6% in the previous quarter.
The biggest gains in the Ibex 35 in the early stages of this session were recorded by Indra (+1.6%), Banco Sabadell (+1.01%) and Naturgy (+0.9%). The prominent ‘red lanterns’ were BBVA (-3.38%), Banco Santander (-1.82%) and Inditex (in the last two cases), whose shares were suspended from trading due to the right to receive dividends.
The main European stock exchanges opened this Tuesday with a positive sign: 0.16% for Paris and Milan, 0.15% for Frankfurt and 0.03% for London.
At the opening of the stock market, the barrel price of Brent quality oil, which is the reference for the Old Continent, was above 86 dollars with an increase of 0.31 percent, while in Texas it increased by 0.38 percent to 82.62 dollars. Both affected by escalation What is happening in the Middle East after the open war between Hamas and Israel, the situation in Iran, as well as the conflict in Ukraine and pressures related to supply disruptions from Russia and Saudi Arabia are also on the agenda.
While the price of the euro against the dollar in the foreign exchange market was at 1.0623 ‘dollar’ level, Spain’s risk premium was around 106.4 basis points and the interest on the 10-year bond was at 3.864%.
Source: Informacion
James Sean is a writer for “Social Bites”. He covers a wide range of topics, bringing the latest news and developments to his readers. With a keen sense of what’s important and a passion for writing, James delivers unique and insightful articles that keep his readers informed and engaged.