The IBEX closed the session with an increase of 0.43 % to reach the 11628.7 points.


According to recent statements from prominent financial figures and institutions, Spain’s economy is set for robust growth in the coming years. Brussels, in particular, forecasts Spanish economic growth to range from 2.1% to 3%, positioning the country as the leading growth driver among major European economies. Furthermore, Spanish growth is expected to outperform that of most Eurozone nations, with anticipations being that the economy will grow 3% in 2024, surpassing the Spanish government’s initial estimates of 2.7% growth. Moreover, Goldman Sachs predicts that Spain will lead Eurozone’s major economies in growth in 2025 and 2026, with GDP expanding 2% and 1.5% respectively. In terms of fiscal health, Spain is expected to reduce its public deficit to 3% of GDP this year, complying with the European Union’s fiscal rules.

The Brent is finishing the session with an increase of 0.77%, to reach the 72.14 dollars per barrel. The gold closed this session with losses of (-0.02)%, diminishing its price to 2571.1 dollars per ounce. Now, regarding equity, the EURO STOXX 50 at the end of the session lost (-0.46) %, going back to 4796.17 points. the DAX ended the session with virtually no change, at 19219.89 points, the FTSE 100 finished with losses of (-0.02)%, going back to 8065.74 points, and the EURONEXT 100 by the end of the day lost (-0.4)%, going back to 1441.09 points.

Throughout the day the following indicators indicators for Europe have been published:, the CPI (YoY) of Italy in October (0.9%).

The IBEX closed the session with an increase of 0.43 % to reach the 11628.7 points. The best performers of the day have been BBVA with a (+2.05 %), BANCO SABADELL with a (+1.851 %) and ACERINOX with an change of (+1.616%) on its values respectively. The worst performers of the day have been ACS with a (-1.001 %), MELIÁ HOTELS with a (-0.759 %) and LABORATORIOS ROVI with a change of (-0.562 %) on its values respectively.


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