The Ibex 35 dawns slightly higher and maintains 9,000 integers, with oil still skyrocketing

MADRID, 23 Oct.

The Ibex 35 dawns slightly higher and maintains 9,000 integers, with oil still skyrocketing


The Ibex 35 began this Monday's session, the first of the week, with a slight rise of 0.02%, which has led the index to maintain the level of 9,000 integers, reaching 9,031.08 points. in a context marked by uncertainty about the consequences of the conflict between Israel and Hamas, and the publication of business results in Spain.

Among the Spanish listed companies, this week Enagás, Banco Santander, Fluidra, Iberdrola, Banco Sabadell, Repsol, IAG, CaixaBank, Catalana Occidente, Metrovacesa, FCC, Gestamp, Mapfre and Línea Directa, among others, will publish their quarterly results. Outside of Spain, Alphabet, Orange, Coca-Cola, Meta, Carrefour, Amazon, Danone or the large Chinese banks will do so.

Investors will also be paying attention this week to the monetary policy meeting of the European Central Bank (ECB), which will take place this Thursday in Athens, when the data on the Gross Domestic Product (GDP) of the United States will also be released. Previously, this Tuesday, the United Kingdom unemployment rate and the eurozone PMI will be known.

In addition, this Wednesday the Ifo business confidence index in Germany will be revealed and Canada's central bank will meet, while the week will conclude this Friday with new data on Spain's GDP and with the end of the European Council.

In the early stages of this session, the biggest increases within the Ibex 35 were recorded by Meliá Hotels (0.68%), Inditex (0.63%) and Unicaja Banco (0.49%), while on the opposite side The most prominent 'red lanterns' were Repsol (-1.09%), Banco Sabadell (-0.67%) and Fluidra (-0.66%).

The main European stock markets opened this Monday with a mixed trend: Milan rose 0.39%; Frankfurt, 0.19%, and Paris, 0.08%, while London dropped 0.21%.

At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, was once again above 91 dollars, 0.92% less, while that of Texas fell by 1. 1%, to $87.11, both affected by the escalation of tensions in the Middle East following the open war between Hamas and Israel, as well as the situation in Iran, in addition to pressures related to the conflict in Ukraine and the cut of supplies from Russia and Saudi Arabia.

In the currency market, the price of the euro against the dollar stood at 1.0583 'greenbacks', while the Spanish risk premium was around 111 basis points, with the interest required on the 10-year bond at 4,020%.