The Ibex 35 started this Thursday’s session practically flat, with a slight increase in 0.03%which led to placing the Ibex 35 in the 11,592.5 points at 9:00 a.m.
Investors’ attention remains focused on geopolitical risks, after the decision of the Ukraine launching the first long-range missiles of American origin against Russia and with Russia warning the United States and its allies that this situation could lead to direct conflict.
In the Spanish macroeconomic framework, the tax law on multinationals imposed by the European Unionin which part of the tax package announced by the government was added, reached its final votes in Congress this Thursday with several details of its articles pending and with the threat of Podemos to vote against and bring down the project.
Likewise, the Spanish public treasury will today close the November auctions with an issue of government bonds, in which it hopes to place between 4 billion and 5 billion euros, according to the objectives announced by the body dependent on the Ministry of the Economy .
In the field of business, BBVA presented to the National Commission for Markets and Competition (CNMC) a battery of measures aimed at facilitating public tender offer that he wants to launch on Banco Sabadell, among which it is not necessary to close offices where there were no others nearby, maintaining commercial conditions for individual customers and SMEs in the postal codes where it there are fewer than four entities or do not abandon municipalities where there are fewer than three competitors.
The CNMC, for its part, justified its decision to raise to phase 2 the public purchase offer that BBVA wishes to launch on Bank Sabadell in the sense that it cannot conclude that the operation will not worsen the current conditions of certain SMEs and that it does not have “all the information” necessary to address the risk of reduced credit to SMEs.
On the other hand, faces will be seen this Thursday at the Commercial Court number 2 of Santander in the lawsuit filed by the electricity company against the oil company for “unfair competition” and “misleading advertising”, in the first trial between companies for greenwashing Spain.
Likewise, media conglomerate MFE-MediaForEurope (MFE), parent company of Mediaset Spainannounced this Thursday before the market opened that it had recorded a net profit of 96.2 million euros in the first nine months of 2024, including the contribution of the German channel ProsiebenSat.1, which represents an increase of 35.6% compared to profits of 71 million euros recorded in the same period of the previous year.
Ibex 35 companies
At the start of Thursday’s session, the largest increases within the Ibex 35 were recorded Solariawhich increased by 1.25%, followed by Repsol (+0.59%), Banco Sabadell (+0.55%) and Bankinter (+0.5%), while the red lanterns These are Merlin Properties, whose shares fell by 1.17%, Acciona Energía (-0.82%) and Ferrovial (-0.44%).
International markets
The main European bags They opened the day with a mixed sign. Specifically, Frankfurt and London increased by 0.29% and 0.25%, respectively, while Paris and Milan fell by 0.05% and 0.01%, in each case.
When the stock market opens, the price of a barrel of quality oil Brentbenchmark for the Old Continent, stood at 73.44 dollars, or 0.87% more, while Texas increased by 0.96%, to 69.41 dollars.
On the market of exchangethe price of the euro against the dollar stood at 1.0539 green billswhile in the debt market, interest charged on 10-year bonds rose to 3.082%.
