The Ibex 35 falls 0.7% at the opening and loses 9,200 points, with Brent touching 91 dollars

MADRID, 19 Oct. (EUROPA PRESS) -

The Ibex 35 began this Thursday's session with a drop of 0.7%, which has led the selective to lose the level of 9,200 points, reaching 9,147.81 integers, in a context marked by the uncertainty of the implications of the conflict between Israel and Hamas, and in the midst of the start of business results in Spain.

Before the opening of the Madrid selective, it was known that Bankinter closed the first nine months of 2023 with an attributable net profit of 685 million euros, which represents an increase of 59% compared to the same period of the previous year.

The markets will be awaiting during this trading session the publication of the Spanish trade balance until August, the new requests for US unemployment benefits, as well as the AT accounts

With the Madrid stock market already closed, investors will listen to the intervention of the president of the United States Federal Reserve (Fed), Jerome Powell, who could reveal some clues regarding monetary policy.

In the early stages of this session, the biggest increases within the Ibex 35 were recorded by Logista (0.65%), Colonial (0.48%), Acciona (0.42%) and Redeia (0.34%), while on the opposite side the most prominent 'red lanterns' were IAG (-1.16%), Fluidra (-1.01%) and Grifols (-0.93%).

The main European stock markets also opened this Thursday with a negative sign: 0.71% for Paris, 0.68% for London, 0.51% for Milan and 0.39% for Frankfurt.

At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, was above 90 dollars, 0.61% less, while that of Texas fell 0.34% , up to $86.97, both affected by the escalation of tensions in the Middle East following the open war between Hamas and Israel, as well as the situation in Iran, in addition to pressures related to the conflict in Ukraine and the cut in supply from Russia and Saudi Arabia.

In the currency market, the price of the euro against the dollar stood at 1.0545 'greenbacks', while the Spanish risk premium was around 111.2 basis points, with the interest required on the 10-year bond at 4.079%.