Ibex 35 started Monday’s session, the first of the week, with a 0.17% increase, which caused the index to rise to 9,309.65 points, to the 9,300 point level, on a day that will once again mark the rise. presentation of business results and the conflict between Israel and Hamas.
In the macro area, a series of services PMIs for October will be published throughout this day in Spain, France, Germany and the Eurozone.
This week the accounts of Telefónica, Cellnex, Naturgy or ACS, as well as Amrest or Almirall, among other companies, will be announced.
Similarly, on the macroeconomic agenda, China’s trade balance, Germany and Spain’s industrial production and euro zone industrial prices will be announced tomorrow, while Germany’s inflation and euro zone retail sales will be announced on Wednesday; China’s inflation on Thursday; On Friday, the Gross Domestic Product (GDP) of the United Kingdom was announced.
Both Eurogroup and Ecofin meetings will also be held this week.
The biggest gains within the Ibex 35 in the early stages of this session were recorded by IAG (+1.21%), Aena (+0.79%) and Acerinox (+0.78%). ‘ Losing 3.4% were Sacyr, BBVA (-0.76%) and Solaria (-0.51%).
The main European stock exchanges also opened this Monday with a positive sign: 0.47% for Milan, 0.22% for Frankfurt, 0.16% for Paris and 0.15% 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 $85 with an increase of 0.86 percent, while it rose by almost 1 percent to $81.31 in Texas. Rising tensions in the Middle East after the open war between Hamas and Israel, the situation in Iran, the conflict in Ukraine and pressures regarding 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 1.0737 ‘dollar’ level, Spain’s risk premium was around 103.4 basis points and the interest on the 10-year bond was at 3.766%.