The Ibex 35 falls 0.6% and loses 9,200 points, with IAG down and oil skyrocketing

MADRID, 9 Oct.

The Ibex 35 falls 0.6% and loses 9,200 points, with IAG down and oil skyrocketing


The Ibex 35 began this Monday's session, the first of the week, with a fall of 0.64%, which has led the selective to lose the level of 9,200 points, reaching 9,177.09 integers, in the midst of the escalation of the conflict between Israel and the Islamic Resistance Movement (Hamas).

Investors' attention this week will be focused on the new season of corporate results, as well as on German industrial production for August, which will be released this Monday.

For its part, the German CPI for September and the minutes of the last Fed meeting will be revealed this Wednesday, the United States CPI for September, this Thursday, and the inflation data for Spain this Friday, a day in which the great American banks will begin to communicate their accounts.

In the early stages of this session, the biggest increases within the Ibex 35 were recorded by Repsol (3.03%), Enagás (0.86%) and Redeia (0.72%), while on the opposite side the ' The most notable red lanterns were IAG (-4.59%), weighed down by the conflict in the Middle East, and BBVA (-2.55%).

The main European stock markets opened this Monday with a mixed trend: London rose 0.28%, while Frankfurt, Milan and Paris lost 0.44%, 0.29% and 0.24%, respectively.

At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose 3.64%, to 87.34 dollars, while Texas stood at 85.80 dollars, a 3.26% more, both affected by the escalation of tensions in the Middle East after the open war between Hamas and Israel, as well as the situation in Iran, in addition to the pressures related to the conflict in Ukraine and the cut in supplies from Russia and Saudi Arabia.

In the currency market, the price of the euro against the dollar stood at 1.0538 'greenbacks', while the Spanish risk premium was around 112.1 basis points, with the interest required on the 10-year bond at 3.971%.