The Spanish economy is experiencing a healthy stage, as emphasized by Economy Minister Carlos Cuerpo. Additionally, the real estate market in Spain could close 2024 with an investment volume nearly €10 billion, surpassing initial expectations of €8 billion, based on data from global real estate services company Cushman & Wakefield. Moreover, the social economy companies, members of the Spanish Business Confederation of the Social Economy (CEPES) created a total of 406,223 jobs, and generated revenue of €72.355 billion during the 2023-2024 period. An uptick in the GDP growth to 3% in 2024 is also foreseen by the General Council of Economists, despite potential setbacks. However, it’s important to note that the council also predicts public administrations’ liabilities to reach 105.1% by the end of 2024, indicating a potential deficit.

The Brent is finishing the session with an increase of 1.39%, to reach the 73.55 dollars per barrel. The gold closed this session with losses of (-0.11)%, diminishing its price to 2666.9 dollars per ounce. Now, regarding equity, the EURO STOXX 50 at the end of the session lost (-0.15) %, going back to 4881.57 points. the DAX ended the session gaining 0.25 % reaching 20035.76 points, the FTSE 100 finished with gains of 0.13 %, reaching 8369.55 points, and the EURONEXT 100 by the end of the day lost (-0.27)%, going back to 1448.16 points.

The data of the following indicators was not published: the Trade Balance of France in October.

The IBEX closed the session with an increase of 0.39 % to reach the 11886.6 points. The best performers of the day have been ACS with a (+2.827 %), INDITEX with a (+1.553 %) and ENDESA with an change of (+1.423%) on its values respectively. The worst performers of the day have been LABORATORIOS ROVI with a (-1.943 %), REPSOL with a (-1.447 %) and ACCIONA with a change of (-0.924 %) on its values respectively.