The Ibex 35 began the session lower by about 0.4 percent this Monday, slipping below a level that had been held last Friday at 8,400 and not seen again since mid-August.
Madrid’s stock market opened with a guidepost around 8,382 points, as new macro data and appearances by the European Central Bank president Christine Lagarde at the European Parliament shaped early trading.
In the opening minutes, the majority of the Madrid Select market indices traded in negative territory. The biggest declines were posted by Mapfre, down nearly four percent, followed by Repsol, down about 2.4 percent, Aena at around 1.6 percent, Acerinox near 1.6 percent, and IAG slipping about 0.9 percent.
Across Europe, the major bourses also opened in the red this Monday, with London and Milan down roughly 0.6 percent and Paris and Frankfurt around 0.4 percent.
Meanwhile, the Brent crude benchmark began trading at roughly 81.67 dollars per barrel, a reference level for the European market, while in the United States Texas intermediate was down about 2.5 percent near 74.38 dollars.
In the foreign exchange market, the euro traded lower against the dollar, around 1.0374 for one euro. Spain’s risk premium hovered near 99 basis points and the yield on the ten-year Spanish bond hovered around 2.92 percent. Market participants continued to monitor macro releases and policy commentary as investors sought guidance for the week ahead.
Overall, the session reflected cautious mood across equities as investors weighed domestic economic signals against international policy developments. As trade began to unfold, traders evaluated the implications of central bank outlooks, the durability of energy prices, and currency movements that shape cross-border investment flows.
Market data update: ongoing trading activity continues to inform risk assessments and asset allocation decisions for investors in North America and Europe.
Data attribution: market information supplied by a trusted financial news service.