The Ibex 35 rises 0.77% and closes above 11,900 points

MADRID 28 Oct. () –

The Ibex 35 closed this Monday’s session with an increase of 0.77% compared to Friday, finally reaching 11,904 points in a day that has been marked by the start of business results and the fluctuation in oil prices .

The market has started the week with its sights set on the publication of company results. In the Spanish market, Santander, Mapfre, Endesa, Aena, Naturgy, CaixaBank, BBVA, Banco Sabadell and Indra stand out, among others.

At the international level, the accounts of large multinationals will also be known, especially the technology companies AMD, Intel, Alphabet, Meta, Apple or Amazon.

In this context, ArcelorMittal has finished as the value with the highest increase of the day (+3.24%), ahead of Rovi (+2.01%), Fluidra (+1.91%), Amadeus (+1, 90%), Logista (+1.88%) and Mapfre (+1.83%).

Only five stocks closed the session negative: Grifols (which moderated its fall to 2.39%), Repsol (-1.34%), Enagás (-0.52%), Acciona Energía (-0.34% ) and Banco Sabadell (-0.03%).

The rest of the European stock markets also ended the session in green. The greatest increase was recorded in Paris, of 0.79%, followed by Rome (+0.67%), London (+0.49%) and Frankfurt (+0.44%).

After a new wave of uncertainty stemming from the conflict between Israel and Iran, the barrel of Brent fell 5.39%, to $71.55, while West Texas Intermediate (WTI) stood at $67.78, a 5.57% less.

Specifically, Israeli planes attacked military targets in Iran last Saturday in retaliation for a missile attack earlier this month, although the response was more moderate than expected and avoided oil, nuclear and civil infrastructure.

In the debt market, the yield on the Spanish bond with a 10-year maturity stood at 2.979% at the close of the session, from the 2.997% recorded at the close of Friday. In this way, the risk premium against German debt rose two tenths, to 70.6 basis points.

In the foreign exchange market, the euro was trading at the close of the session appreciating 0.21% against the dollar, reaching an exchange rate of 1.0816 ‘greenbacks’ for each unit of the community currency.