He IBEX 35 has started this Tuesday’s session with a fall of 0.49%, which has led the selective to lose the level of 9,000 points, until reaching 8,869.7 integers, in a day marked again by the presentation of business results and uncertainty about the consequences of the conflict between Israel and Hamas.
Before the start of the trading day, BBVA informed the National Market Commission of Securities (CNMV) that it closed the first nine months of 2023 with a net profit of 5,961 million euros, which is equivalent to an increase of 24.3% compared to the same period of the previous year.
Endesafor its part, obtained a net profit of 1,059 million euros until September, which represents a drop of 35.9% compared to the 1,651 million euros of the same period last year, due to the lower presence of extraordinary items.
Likewise, Indra obtained a net profit of 146 million euros in the first nine months of the yearwhich represents an increase of 26% compared to the 116 million euros registered in the same period of the previous year.
Also in the business field, the State Society of Industrial Participations (SEPI) confirmed this Tuesday to the CNMV that it is considering purchasing a stake in Telephone.
In the macro section, before the market opens, It was known that the growth of the economy France slowed down in the third quarter of the year to 0.1%, compared to 0.6% in the previous quarter.
In the early stages of this session, the biggest increases within the Ibex 35 were recorded by Indra (+1.6%), Banco Sabadell (+1.01%) and Naturgy (+0.9%), while in the On the opposite side, the most prominent ‘red lanterns’ were BBVA (-3.38%), Banco Santander (-1.82%) and Inditex (-1.81%), whose shares ceased trading with the right to receive the dividend, –in the last two cases–.
The main European bags They opened this Tuesday with a positive sign: 0.16% for Paris and Milan, 0.15% for Frankfurt, and 0.03% for London.
At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, was above 86 dollars, 0.31% higher, while that of Texas rose 0.38% , up to $82.62, both affected by the escalation of tensions in Middle East following 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 1.0623 ‘greenbacks’, while the Spanish risk premium was around 106.4 basis points, with the interest required on the 10-year bond at 3.864%.