The Ibex 35 loses 9,200 points after falling 0.7%

MADRID, 19 Oct.

The Ibex 35 loses 9,200 points after falling 0.7%

MADRID, 19 Oct. (EUROPA PRESS) -

The Ibex 35 lost 9,200 points in today's session, closing at 9,146.8 points, after falling 0.72%, in a context of uncertainty due to the implications of the conflict between Israel and Hamas and the rise bond yields and oil prices.

Renta 4 analysts highlight that Israel "is not a major importer" of oil, but that the growing tension "awakens fears" of an escalation at the regional level that includes greater involvement by Iran - which controls 5% of production global oil supply-- or even problems could arise in transportation through the Strait of Hormuz, through which 20% of the global oil trade passes.

In this way, the price of a barrel of Brent quality oil, a reference for the Old Continent, remained stable at 91 dollars, while that of Texas rose 0.27%, to 88.5 dollars.

Another focus of attention for investors is the evolution of bond yields. In the United States, the ten-year bond is close to 5%, while in Spain it remains at 4%.

On the other hand, Bankinter today gave the 'start' to the third quarter results season. The bank has reported profits of 685 million euros, which represents an increase of 59% compared to the same period of the previous year, thanks to the increase in interest rates.

In this way, the bank led by Maria Dolores Dancausa has closed as the bullish value of the session, with a revaluation of 4.46%. They were followed by CaixaBank (1.96%), Banco Sabadell (1.61%), Unicaja Banco (1.40%), Redeia (1.04%) and ArcelorMittal (0.54%).

On the other hand, Grifols (-5.18%), Cellnex (-4.01%), Inditex (-2.72%), Acciona Energía (2.21%) and Merlin (-1.91 %).

The main European stock markets closed with a negative sign: Milan lost 1.38%, London, 1.17%, Paris, 0.64% and Frankfurt, 0.33%.

In the currency market, the price of the euro against the dollar stood at 1.0570 'greenbacks', 0.32% more than yesterday's close.

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