MADRID, 24 Jul. (EUROPA PRESS) –
The Ibex 35 has started the session this Monday with a fall of 1.41%, which has led the selective to 9,436.68 points, after the holding of the general elections in Spain this Sunday, the results of which could lead to a blockage in the formation of the Government due to the equalization of forces between the left and the right.
The stock market week will be marked by the publication of the business results of Naturgy, Almirall, Applus, Gestamp, Endesa, Banco Santander and Aena, among other companies.
Specifically, before opening this Monday, Naturgy has announced that it obtained a net profit of 1,045 million euros in the first half of the year, which represents an increase of 87.6% compared to the same period last year. Almirall, for its part, registered a net profit of 12 million euros in the first six months of the year, a figure 56% lower than that of the same period in 2022.
Among the economic references that will be released during this session, the PMI for the euro area and the United States stands out, while in Spain the production prices for the month of June will be revealed.
After registering a rise of 0.55% last Friday in a session marked by the volatility due to the monthly expiration of derivative contracts in the Spanish parquet, the Madrid parquet woke up with the possibility of a blockade in the governance of the country, since the PP and PSOE candidates do not have enough seats to be clearly invested as presidents of the Government.
In the early stages of this session, the biggest increases within the Ibex 35 were recorded by Telefónica (0.51%) and Cellnex Telecom (0.44%), while on the other side the steepest declines were recorded by Banco Sabadell (-3.74%), CaixaBank (-3.15%), Bankinter (-2.95%) and Endesa (-3.02%).
The main European stock markets also opened this Monday with a negative sign: 0.66% for Milan, 0.30% for Paris, 0.27% for London and 0.23% for Frankfurt.
At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, fell 0.51%, to $80.47, while Texas stood at $76.66, 0.53% less.
In the currency market, the price of the euro against the dollar stood at 1.1137 ‘green bills’, while the Spanish risk premium was around 102.5 basis points, with the interest required on the 10-year bond at 3.466%.
