The IBEX opened with virtually no change, at 11551.0 points.


Spain is leading the way in the purchase of white-label products in Europe, surpassing the Netherlands, the UK, Portugal, and Germany. In market news, the market capitalization of listed companies in Spain saw a significant rise of 12% in September, equivalent to €133.5 billion. This surge put the total market capitalization for the month of September at €1.261 trillion, indicating robust market activity compared to the same month in 2023, as per the statistics by Bolsas y Mercados Españoles (BME). However, a report from Goldman Sachs anticipates a potential negative impact of six tenths on Spain’s GDP if a 10% surcharge is imposed on Spanish products. In company-specific news, Telefónica reported a net profit of €989 million up to September, marking a 21.7% decline compared to the €1.262 billion profit during the same period in 2023.

The Brent opened with virtually no change, at a price of 74.94 dollars per barrel. The gold opened the session with virtually no change, at a price of 2670.8 dollars per ounce. Now, regarding equity, the EURO STOXX 50 started the session with virtually no change, at 4834.81 points. The DAX 30 started the session with virtually no change, in 19278.92 points, the FTSE 100 started the session with virtually no change, at 8180.22 points, and the EURONEXT 100 started the session with virtually no change, at 1452.25 points.

Throughout the day the following indicators will be published: the Trade Balance of Germany in September.

The IBEX opened with virtually no change, at 11551.0 points. The best performers at the beginning of the day have been ARCELORMITTAL (+4.273 %), BANCO SABADELL (+3.538 %) and BBVA with a change of (+3.188 %) on its values respectively. The worst performers at the beginning of the day have been LABORATORIOS ROVI (-9.782 %), IAG GROUP (-3.457 %) and TELEFÓNICA with a change of (-1.914 %) on its values respectively.


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