economy and politics

The Ibex 35 opens almost flat, at 11,860 points, with Rovi and Bankinter leading the declines

The Ibex 35 opens almost flat, at 11,860 points, with Rovi and Bankinter leading the declines

MADRID 24 Oct. () –

The Ibex 35 started this Thursday’s session practically flat, with a slight decrease of 0.04%, which took the selective to 11,860 points, although just a few minutes later it turned around and advanced 0.18%, up to 11,884 integers.

The day will again be marked by the presentation of business results. In Spain, Bankinter has presented its accounts for the first nine months, in which it obtained a net profit of 731 million euros, 6.8% more compared to the same period in 2023.

Likewise, before the market opened, Rovi informed the National Securities Market Commission (CNMV) that, after analyzing the offers received, it ruled out selling its manufacturing business for third parties.

Precisely, Rovi and Bankinter led the declines of the Ibex 35 in the early stages of this Thursday’s session, with falls of 5% and 3.2%, respectively.

Outside Spain, another barrage of business results is expected, including those of Danone, Hermes, Barclays, Anglo American and American Airlines.

In the macro field, today a battery of services and manufacturing PMIs will be released in Europe and the United States, as well as new requests for unemployment benefits and the sale of new homes in the United States.

In the early stages of this Thursday’s session, the biggest rise within the Ibex 35 was recorded by Telefónica, which rose 0.8%, followed by Repsol (+0.7%) and ArcelorMittal and Indra, which advanced 0. .55% in both cases.

On the other hand, on the decline side, in addition to Rovi and Bankinter, the falls in the entire banking sector stand out. Thus, Unicaja lost almost 1.4%, while Caixabank lost 1.2%, Sabadell lost 0.4% and BBVA, 0.3%.

The main European stock markets opened higher this Thursday. While Paris and London added 0.4%, Frankfurt and Milan appreciated just over 0.2%.

At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 75.81 dollars, 1.1% more, while Texas rose 1.2%, to 71.66 dollars.

In the currency market, the price of the euro against the dollar stood at 1.0781 ‘greenbacks’, while in the debt market, the interest required on the 10-year bond was relaxed to 2.973%.

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