The Ibex 35 falls 0.9% at the opening and loses 9,100 points, with all values ​​in 'red'

MADRID, 20 Oct. (EUROPA PRESS) -

The Ibex 35 began this Friday's session, the last of the week, with a fall of almost 0.9%, which has led the selective to lose the level of 9,100 integers, reaching 9,065.63. points, after a week marked by the conflict between Israel and the Islamic Resistance Movement (Hamas), which has driven up the price of oil.

The Madrid stock market extended its fall to more than 1% around 9:15 a.m. and struggled to even maintain the level of 9,000 integers.

Investors will pay attention during this trading session to the statements of Elizabeth McCaul, of the European Central Bank (ECB), who is attending an event in Rome (Italy) this Friday.

In the first stages of this session, the Ibex 35 turned 'red', without increases and with all the values ​​in negative, standing out as 'red lanterns' Grifols (-2.8%), Telefónica (-2.16% ) and ArcelorMittal (-1.71%).

The main European stock markets also opened this Friday with a negative sign: 1.08% for Frankfurt, 1% for Paris, 0.8% for Milan and 0.43% for London.

In this Friday's session there will be monthly maturities of derivatives, which may alter the behavior of some markets, including the Spanish one.

At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, was above 93 dollars, 0.7% higher, while that of Texas rose 0.87% , up to $89.14, 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.

Specifically, the price of a barrel of crude oil, both in its Brent and West Texas Intermediate variety, rose this Friday to maximum levels since the end of September due to uncertainty about the situation in the Middle East.

In the currency market, the price of the euro against the dollar stood at 1.0572 'greenbacks', while the Spanish risk premium was around 112.7 basis points, with the interest required on the 10-year bond at 4.011%.