The Ibex 35 fell 0.68% at closing, but maintained the level of 11,700 points

MADRID 30 Oct. () –

The Ibex 35 closed with a fall of 0.68%, but managed to maintain the level of 11,700 integers in a session marked by the presentation of business results and ‘macro’ data such as the CPI or the GDP in Spain.

Within the Spanish selective, which closed at 11,715.0 integers, Puig’s leadership stands out, with an increase of 9.58%, after having obtained income of 3,428.2 million euros during the first nine months of this year , which represents an increase of 9.6% at constant scope and exchange rate (LFL) and 10.1% more in reported terms compared to the same period a year ago.

For its part, before the opening of the stock market, Indra has informed the National Securities Market Commission (CNMV) that it obtained a net profit of 184 million euros in the first nine months of the year, which represents an increase 26% compared to the 146 million euros recorded in the same period of the previous year.

Aena, in addition, recorded a profit of 1,449.8 million euros between January and September, which is 27.3% more than the 1,139.1 million euros in the same period last year, while Endesa shot 32. 6% its profits as of the ninth month of 2024, up to 1,404 million.

For its part, Redeia recorded a net profit of 408.8 million euros in the first nine months of the year, which represents a drop of 23.6% compared to the same period of the previous year, impacted by the end of life regulatory usefulness of its assets prior to 1998, whose annual impact on income amounts to approximately 260 million euros.

Continuing with the business agenda, the Unicaja Group recorded a net profit of 451 million euros between January and September, compared to the 285 million achieved in the same period of 2023, which represents an increase of 58%.

On the rising side, beyond Puig, were Grifols (+3.51%), Unicaja (+2.11%), Sabadell (+1.31%), CaixaBank (+0.95%) and BBVA (+0.84%).

On the other hand, Mapfre’s fall of 2.23% before DANA stands out, which has affected the Valencian Community and Castilla-La Mancha especially and has left at least 72 fatalities, according to the emergency services.

Behind them were Ferrovial (-2.17%), Redeia (-1.44%), Inditex (-1.40%), Acerinox (-1.22%), Amadeus (-1.18%) , Solaria (-1.16%) and Iberdrola (-1.08%).

Under the Spanish macroeconomic umbrella, the Consumer Price Index (CPI) rose 0.6% in October compared to the previous month and raised its interannual rate three tenths, up to 1.8%, according to data released this Wednesday by the National Institute of Statistics (INE).

On the other hand, the Spanish economy grew by 0.8% in the third quarter of the year, the same as in the previous quarter, thanks, above all, to public spending, which advanced at a quarterly rate of 2.2%, a rate 1.6 points higher than the previous quarter, and household consumption, which increased by 1.1%, one tenth more, according to the National Accounting data preview published this Wednesday by Statistics.

In the European ‘macro’ field, it has been known in Germany that the unemployment rate rose by one tenth in October, to 6.1%; while the GDP for the third quarter contracted 0.2%, one tenth less than expected. Likewise, throughout the day the advance inflation data for October will be known.

Regarding the community field, it has been published that the GDP of the eurozone grew by 0.4% in the third quarter, double what was expected, while consumer confidence has remained stable in negative territory in October.

In the United States, GDP experienced an increase of 0.7% in the third quarter, unchanged from the previous period, according to the first estimate published this Wednesday. In annualized figures, the US economy rose 2.8% between July and September, compared to 3% in the previous three months, a slight slowdown before the presidential elections in November.

Despite the fall, the Ibex 35 has been the index that has performed best in the session with respect to the rest of the main European indexes, since the FSTE 100 in London has lost 0.73%, the CAC 40 in Paris , 1.10%; the Frankfurt DAX, 1.13%; and the FTSE MIB of Milan, 1.21%.

On the other hand, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 72.54 dollars, 2.00% more, while Texas rose 2.11%, to 68. 62 dollars.

In the currency market, the price of the euro appreciated against the dollar by 0.41% until it was exchanged for 1.0863 ‘greenbacks’, while in the debt market, the interest required on the 10-year bond was remained unchanged at 3.082%, with the risk premium with respect to the German bond at 70.4 points.