The Ibex 35 dawns 'green' and maintains 11,000 points in the face of political uncertainty in Spain

MADRID, 25 Abr.

The Ibex 35 dawns 'green' and maintains 11,000 points in the face of political uncertainty in Spain

MADRID, 25 Abr. (EUROPA PRESS) -

The Ibex 35 began this Thursday's session with a rise of 0.32%, which brought it to 11,063.2 points, in a context marked by political uncertainty in Spain after the President of the Government , Pedro Sánchez, will announce in a letter this Wednesday a reflection on his continuity in the presidency.

In addition, investors will be awaiting the publication of the United States Gross Domestic Product (GDP) and business results.

Before the opening of the market, it was known that the Banco Sabadell Group obtained a record net attributable profit in the first quarter, of 308 million euros, 50.4% more than in the same period of the previous year, according to the information has been sent this Thursday to the National Securities Market Commission (CNMV).

For its part, Aedas Homes exceeded 1,100 million euros in income in its last fiscal year (from April 2023 to March 2024) after having handed over the keys to 2,839 homes, 4% more than the previous fiscal year.

In addition, Repsol obtained a net profit of 969 million euros in the first quarter of the year, which represents a drop of 12.9% compared to the 1,112 million euros it registered in the same period of the previous year, due to the drop in hydrocarbon prices, especially natural gas, the company reported.

Acerinox, on the other hand, recorded a net profit of 53 million euros in the first quarter of the year, which represents a 61% drop compared to the profits of 136 million euros it obtained in the same period of the previous year.

Also on the business front, Prosegur's board of directors will vote at its ordinary general meeting of shareholders, which is expected to be held on April 25, on first call, on a long-term incentive plan for the CEO, Christian Gut Revoredo, and group directors, valued at 4.8 million euros based on current market prices.

In the early stages of this session, the biggest increases within the Ibex 35 were recorded by Banco Sabadell (6.84%), CaixaBank (1.68%), Unicaja Banco (1.38%), Bankinter (0.77% ) and Cellnex (0.52%), while the 'red lanterns' were Repsol (-2.846%) and IAG (-0.57%).

The main European stock markets opened this Wednesday with mixed trends. Specifically, Frankfurt, Milan and Paris lost 0.11%, 0.10% and 0.08%, respectively, while London rose 0.66%.

At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose 0.28%, to 88.27 dollars, while that of Texas stood at 83.03 dollars , 0.27% more.

In the foreign exchange market, the price of the euro against the dollar advanced to 1.0714 'greenbacks', while in the debt market the interest required on the 10-year Spanish bond climbed to 3.370%.

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