Spain leads in the purchase of white-label products in Europe, surpassing other nations such as the Netherlands, the United Kingdom, Portugal, and Germany. In September, the Spanish market capitalization saw an increase of 12% equivalent to 133.5 billion euros, marking a total worth of 1.261 trillion euros, as per Bolsas y Mercados Españoles statistics. This shows a significant growth in comparison to the same month in 2023. However, a Goldman Sachs report indicates a potential 0.6% impact on Spain’s GDP if a 10% surcharge is imposed on Spanish products due to international trade policies. On another note, Telefonica’s earnings until September were down by 21.7%, at 989 million euros, compared to 1.262 billion euros in the same period of 2023.

The Brent reached mid-day with losses of (-0.77 %), going down to 74.36 dollars per barrel. The gold until mid-day has had an increase of 0.23 %, quoting at 2673.7 dollars per ounce. Now, regarding equity, the EURO STOXX 50 has gained 0.12 % until mid-day, reaching 4833.29 points. The DAX 30, with a (-0.03 %) loss until mid-day, is going back to 19277.08 points, the FTSE 100 has lost (-0.35 %) until mid-dat, going back to 8153.76 points, and the EURONEXT 100 has been losing (-0.01 %) until mid-day, going back to 1451.02 points.

Throughout the day the following indicators indicators for Europe have been published: the Trade Balance of Germany in September (17.0).

Up until mid-day, the IBEX has got an increase of 0.06 % to reach the 11557.4 points. The best performers until the mid-day have been LABORATORIOS ROVI (+2.29 %), ACERINOX (+1.341 %) and ARCELORMITTAL with an change of (+1.279 %) on its values respectively. The worst performers until the mid-day have been TELEFÓNICA (-1.002 %), CELLNEX (-0.8 %) and MERLIN PROPERTIES with a change of (-0.748 %) on its values respectively.