The Spanish government has mobilized 200 million euros in economic support, with the rest slated to be activated next year. However, energy companies, banks, and businesses express concern over proposed taxes in their sectors, which could potentially negatively impact Spain’s competitiveness. Amid these developments, Spain, like other economies under the Organization for Economic Cooperation and Development (OCDE), posted a modest 0.5% growth rate in its GDP between July and September. The growth, a tenth higher than what was recorded in the second quarter, was revealed by the advanced economies’ think tank. These developments signal a cautious economic outlook for Spain amidst fiscal reforms and potential sector-specific taxes.

The Brent reaches mid-day with an increase of 0.97 %, to reach the 74.25 dollars per barrel. The gold until mid-day has had a decrease of (-0.1 %), diminishing its price to 2671.0 dollars per ounce. Now, regarding equity, the EURO STOXX 50 has gained 0.44 % until mid-day, reaching 4729.78 points. The DAX 30, with a 0.46 % gained until mid-day, is reaching 19064.99 points, the FTSE 100 has been going up 0.34 % until mid-day, reaching 8112.28 points, and the EURONEXT 100 has been gaining 0.45 % until mid-day, reaching 1426.45 points.

In addition, during the day the following indicators will be published: the Consumer confidence of Eurozone in October.

Up until mid-day, the IBEX has got an increase of 0.34 % to reach the 11611.0 points. The best performers until the mid-day have been SACYR (+1.521 %), ACERINOX (+1.433 %) and BANCO SANTANDER with an change of (+1.037 %) on its values respectively. The worst performers until the mid-day have been MERLIN PROPERTIES (-0.895 %), LABORATORIOS ROVI (-0.889 %) and ACCIONA ENERGIA with a change of (-0.703 %) on its values respectively.