The Ibex 35 falls 0.7% at closing and loses 11,600 due to the Russian threat of using nuclear weapons against Ukraine

MADRID 19 Nov. () –

The Ibex 35 closed this Tuesday with a fall of 0.74%, which has led it to lose the level of 11,600 integers due to the threats that Russia has made about the possibility of using nuclear weapons against Ukraine.

These threats come after the Ukrainian Armed Forces have used US long-range ATACMS missiles over the Russian region of Bryansk, following the authorization that the US government gave a few days ago to the use of these projectiles outside the borders of Ukraine. Ukraine.

In this context, marked by geopolitical tensions, not only the Ibex 35 has closed with falls: London has lost 0.13%; Frankfurt and Paris, 0.67%; and Milan, 1.28%. In the United States, the Dow Jones registered a decrease of 0.32%, while the S&P 500 rose 0.16% and the Nasdaq, 0.54%.

Within the macroeconomic agenda, this Tuesday it was announced that the interannual inflation rate of the eurozone stood at 2% in October, three tenths above the rise in prices observed in September and in line with the stability goal. of the European Central Bank (ECB), as confirmed by Eurostat.

In the European Union (EU) as a whole, the year-on-year inflation rate in October reached 2.3%, compared to a price increase of 2.1% in September.

Under the Spanish business umbrella, CaixaBank presented this Tuesday its new strategic plan for the years 2025 to 2027, and in it it commits to doubling its growth rate in loans and achieving a return on tangible capital (ROTE, for its acronym in English). ) greater than 15%.

In addition, Endesa will boost its investments for the period 2025-2027 to the record figure of 9.6 billion euros, which represents an increase of almost 8% with respect to the previous ‘roadmap’, to address the opportunities presented by the energy transition, according to the company’s new strategic plan.

At the national level, the Congressional Finance Commission has approved the bill that includes a new global minimum tax of 15% on multinational companies, but without including the permanence of taxes on banking and energy.

In this context, the Ibex 35 has stood at 11,588.4 points, weighed down by Solaria, which fell 7.58%, CaixaBank, with a fall of 5.27%, and Grifols, whose ‘A’ shares have fallen 5.09%, although ‘B’ titles have lost 10.3% at closing.

The latter company has recorded these losses after its board of directors rejected the initial price of 10.5 euros proposed by the Canadian fund Brookfield Asset Management in its offer, considering that it would “undervalue” the long-term potential of the firm. of blood products.

On the other hand, the most notable promotions have been those of Merlin (+2.66%), Telefónica (+1.07%), Redeia (+1.02%), Endesa (+0.83%) and Ferrovial ( +0.71%).

In the raw materials market, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 73.01 dollars, 0.37% less, while Texas fell 0.38%, to $68.90.

On the other hand, the price of the euro against the dollar depreciated by 0.16%, to 1.0580 ‘greenbacks’, while in the debt market, the interest required on the 10-year bond was relaxed to 3.043%, with the risk premium with respect to the German bond at 69 points.