The Ibex 35 manages to close with an advance of 0.1% and remains at 8,900 driven by Santander (2.35%)

MADRID, 25 Oct.

The Ibex 35 manages to close with an advance of 0.1% and remains at 8,900 driven by Santander (2.35%)

MADRID, 25 Oct. (EUROPA PRESS) -

The Ibex 35 has finally managed to close positively, with a slight advance of 0.10%, which has helped it stand at 8,984.8 points, in a day marked by uncertainty about the consequences of the conflict between Israel and Hamas. , as well as the publication of business results in Spain from entities such as Banco Santander.

Thus, the entity chaired by Ana Botín has been the protagonist with the presentation of its accounts corresponding to the first nine months of the year, with a record attributed profit of 8,143 million euros, 11% more in current euros (13% more in constant euros) compared to the same period of the previous year thanks to the strong growth in revenues, especially in Europe and Mexico, which made it possible to neutralize the increase in provisions.

In this way, Santander has closed as a bullish value of the session, with a revaluation of 2.35%, followed by Enagás (1.45%), Acerinox (1.34%), Iberdrola (1.15%), Meliá (1.06%) and Sabadell (1.02%). On the other hand, the biggest falls have been those of Grifols (-3.36%), Colonial (-3%), Acciona Energía (-2.33%), Telefónica (-2.22%) and Acciona (- 2.11%).

This Wednesday it was also known that industrial prices decreased by 8.6% in September compared to the same month in 2022, a rate almost 1.5 points higher than that registered in August, when the largest drop was recorded since 1976, according to The National Institute of Statistics (INE) reported this Wednesday. For its part, Germany's Ifo business confidence index in October has improved more than expected.

The main European stock markets have also closed positively, 0.33% in London, 0.31% in Paris and 0.08% in Frankfurt. Only Milan has fallen 0.52% at closing.

At the same time, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at $88.44, 0.37% higher, while Texas remained stable at $83.82. , 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 in supplies from Russia and Saudi Arabia.

In the foreign exchange market, the price of the euro depreciated 0.01% against the dollar and stood at 1.0589 'greenbacks', while the Spanish risk premium was around 112 basis points, with the required interest to the 10-year bond at 3.993% after adding six basis points.

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