The Ibex 35 opened the trading session on Wednesday with a modest gain of 0.34%, placing the index at 11,277 points. Investors were keeping a close eye on the upcoming United States consumer price index (CPI) release, as it could influence global market directions.
Yesterday’s close had already marked a solid ascent, rising 0.78% to reach a fresh peak not seen since August 2015, at 11,239.3 points. The Madrid benchmark began today’s session with momentum, in a week also defined by the developments around the hostile takeover bid by BBVA for Banco Sabadell.
At the opening, the strongest performers among the constituents were Rovi, up 1.13%, BBVA with a 0.91% advance, Meliá Hotels International up 0.9%, and Sabadell rising 0.77%. On the flip side, Fluidra fell 1.45%, followed by Solaria with a 0.86% negative move, Corporación Acciona Energía down 0.18%, and Amadeus slipping 0.16%.
Across Europe, major markets opened higher in line with Madrid, with Frankfurt and Paris up around 0.2% and London gaining about 0.5%.
In commodity markets, Brent crude, the European benchmark, traded up by about 0.6% in early trading, reaching around 82 dollars per barrel, while West Texas Intermediate (WTI) hovered near 78.62 dollars, an increase of roughly 0.7%.
In the foreign exchange arena, the euro traded around 1.0828 against the U.S. dollar, reflecting a stable exchange rate for most of the session. In the debt market, the yield on the Spanish 10‑year government bond stood at roughly 3.303%.
Note: Market data and price levels are cited from current market snapshots and are subject to rapid change as events unfold across global financial markets (Source: Market Desk, real-time feeds).