Ibex 35 started this Thursday’s session with a decline of 0.7%, which led to the selector losing the 9,200 points level and reaching the integer 9,147.81. In a context marked by the uncertainty of the consequences of the conflict between Israel and Hamas and in the midst of the start of business consequences in Spain.
It was known that Bankinter had closed the selection before the Madrid qualifier opened. Net profit attributable to the first nine months of 2023 685 million The euro represents an increase of 59% compared to the same period in the previous year.
This trading session, markets will be awaiting the release of the Spanish trade balance through August, new claims for US unemployment benefits, as well as AT&T and L’Oréal accounts.
With the Madrid stock exchange already closed, investors will listen to the intervention of US Federal Reserve (Fed) Chairman Jerome Powell, which could reveal some clues about monetary policy.
The biggest increases in the early stages of this session They are listed as Logista in the Ibex 35 (+0.65%), Colonial (+0.48%), Acciona (+0.42%) and Redeia (+0.34%), while on the opposite side the most prominent ‘red lanterns’ are IAG (-1%, 16), Fluidra became (-). 1.01% and Griffles (-0.93%).
The main European stock exchanges also opened this Thursday with a negative sign: 0.71% for Paris, 0.68% for London, 0.51% for Milan and 0.39% for Frankfurt.
At the opening of the stock market, the barrel price of Brent quality oil, which is the reference for the Old Continent, was above $90 with a decrease of 0.61 percent, while in Texas it decreased by 0.34 percent to $86.97. Increasing tensions in the Middle East following the open war between Hamas and Israel, the situation in Iran, the conflict in Ukraine and the pressures on supply disruption by Russia and Saudi Arabia.
In the foreign exchange market, The price of the euro against the dollar was at 1.0545 ‘dollar’ levelWhile Spain’s risk premium was around 111.2 basis points, the interest rate on the 10-year bond was 4.079%.