In the second quarter of the year, the Spanish economy, specifically that of the Illes Balears, reported robust growth of 2.9%. Additionally, Spanish companies have directed 5,250.1 million euros into leasing to fund movable and immovable assets up until July 2024. Investment in sustainable initiatives is growing, demonstrated by Smurfit Westrock’s commitment to Cartón Circular to bolster sustainability and circular economy in Spain. Meanwhile, foreign capital influx to Spain has continued to rise. Furthermore, Spain is seeing upward revisions in the GDP growth projections for 2024 and 2025, with an enhanced forecast of 2.6% in 2024, and an improved 2.1% in 2025, as reported by the Panel de Funcas. The Spanish market is also experiencing healthy growth, demonstrated by a 13% sales increase in 2023 despite a 27% decrease in stores between 2019 and 2023.

The Brent reaches mid-day with an increase of 1.07 %, to reach the 70.82 dollars per barrel. The gold until mid-day has had a decrease of (-0.19 %), diminishing its price to 2550.5 dollars per ounce. Now, regarding equity, the EURO STOXX 50 has gained 0.03 % until mid-day, reaching 4764.99 points. The DAX 30, with a (-0.26 %) loss until mid-day, is going back to 18296.94 points, the FTSE 100 has lost (-0.32 %) until mid-dat, going back to 8201.41 points, and the EURONEXT 100 has been gaining 0.09 % until mid-day, reaching 1452.28 points.

Throughout the day the following indicators indicators for Europe have been published:, the Trade Balance of UK in July (-20B).

Up until mid-day, the IBEX has got a decrease of (-0.14 %), to get to 11274.0 points. The best performers until the mid-day have been GRIFOLS (+2.26 %), AENA (+1.185 %) and SOLARIA with an change of (+1.127 %) on its values respectively. The worst performers until the mid-day have been FLUIDRA (-1.832 %), CAIXABANK (-1.294 %) and ENDESA with a change of (-0.91 %) on its values respectively.