The Ibex 35 started the first Monday session of the week with a gain of 0.17%, which allowed the selector to reach 9,248.24 points, maintaining the 9,200-point level at a time when the conflict between Israel and Israel escalated. Islamic Resistance Movement (Hamas).
Investors’ attention this week will focus on the new season of corporate results as well as the euro zone trade balance due to be released on Monday.
Markets will also pay attention to the appearance of European Central Bank (ECB) Supervisory Board President Andrea Enria in Brussels today.
The biggest gains in the Ibex 35 in the early stages of this session were recorded by ArcelorMittal (+1.34%), Repsol (+1.32%) and Naturgy (+1.33%). The red lighthouses were Solaria (-1.64%), Iberdrola (-0.43%) and Ferrovial (-0.36%).
The main European stock exchanges also opened this Monday with a positive sign: 0.47% for Milan, 0.44% for Paris, 0.38% for London and 0.17% for Frankfurt.
At the opening of the stock market, the barrel price of Brent quality oil, which is a reference to the Old Continent, rose above 90 dollars again with a decrease of 0.41 percent, while in Texas it decreased by 0.30 percent to 86.09 dollars. It has been affected by escalating tensions in the Middle East following the open war between Hamas and Israel, as well as pressures arising from the situation in Iran, the conflict in Ukraine and the disruption of supplies from Russia and Saudi Arabia.
While the price of the euro against the dollar in the foreign exchange market was at 1.0534 ‘dollar’ level, Spain’s risk premium was around 114 basis points and the interest on the 10-year bond was at 3.902%.