economy and politics

The Ibex 35 rises 0.1% in the mid-session and advances above 11,800 integers

The Ibex 35 rises 0.1% in the mid-session and advances above 11,800 integers

MADRID 24 Oct. () –

The Ibex 35 was trading in the mid-session on Thursday with a slight advance of 0.17%, which allowed it to advance above 11,800 integers, despite the fall of Rovi, which collapsed by 6.64%, and Bankinter, which fell 2.37%.

Today’s day is 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 middle section of trading, with falls of 6.64% and 2.37% respectively. These values ​​were accompanied by CaixaBank (-0.96%), Unicaja Banco (-0.64%), BBVA (-0.44%), Ferrovial (-0.42%), Sabadell (-0.35%) , Puig (-0.15%), Amadeus (-0.09%), Santander (-0.08%) and Enagás (-0.07%).

Regarding the increases, those of Repsol (+1.69%), ArcelorMittal (+1.59%), Mapfre (+1.21%), Acciona Energía (+1.13%), Merlin (+ 0.85%), Acerinox (+0.84%) and Colonial (+0.77%).

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

In addition, today the preliminary reading of the PMI composite index for October was published, which indicates that the activity of the private sector in the eurozone has once again shown, and for the second consecutive month, a slight deterioration.

The main European stock markets were also trading in ‘green’, with increases of 0.63% in Paris, 0.59% in London, 0.50% in Milan and 0.48% in Frankfurt.

On the other hand, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 76.41 dollars, 1.93% more, while Texas progressed 2.03%, to 72. 21 dollars.

In the foreign exchange market, the price of the euro appreciated until it was exchanged for 1.0798 dollars, while in the debt market, the interest required on the 10-year bond was relaxed to 2.962%, with the risk premium at 69 basis points.

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