The Ibex 35 has closed the session this Tuesday with a decrease of 1.23%, which has led the Madrid selective to stand at 9,290.3 points, in a day marked by business results, including those of Banco Santander, and by a new wave of problems in the American bank First Republic Bank.

Specifically, the entity chaired by Ana Botín has been the ‘red lantern’ of the selective, with a fall of 5.97%. In addition to the possible consequences of the problems of First Republic Bank, it has been added that the entity has published its accounts for the first quarter of 2023 on Tuesday, with an attributable net profit of 2,571 million euros, 1.1% more than in the year former.

If the impact of the temporary tax on banking income is not taken into account, Santander’s net result would have been 2,795 million euros, which would mean an advance of 10%.

All the banks listed on the Ibex 35 closed the day in negative, with Banco Sabadell falling by 4.41%; BBVA, 2.44%; CaixaBank, 1.69%; Unicaja Banco, 1.63%; and Bankinter, 0.25%.

In the rest of Europe, Deutsche Bank has fallen 3.83% this Tuesday, while Société Générale has fallen 3.25%. In Italy, Unicredit has fallen by 2.7%, while in the Netherlands, ING has contracted by 2.74%.

Enagás has also closed in ‘red’, with its price falling by 1.98%, after publishing its accounts on Tuesday, with a net profit of 54.6 million euros in the first quarter, 21.2% less compared to a year before.

On the other hand, only four companies have escaped the wave of declines in the stock market: Acciona Energías Renovables (1.41%), Endesa (0.56%), Ferrovial (0.25%), Inditex (0.19%) and Iberdrola (0.08%).

Regarding the rest of the European markets, the German DAX has registered an advance of 0.05%, while the French CAC 40 has fallen 0.56% and the Italian FTSE MIB, 1.03%. In this way, the Euro Stoxx 50 has fallen by 0.54%, while the British FTSE 100 has fallen by 0.27%.

At the close of the European trading session, a barrel of Brent was trading at $80.78, 2.41% less, while West Texas Intermediate reached $76.92, 2.34% less.

The yield of the Spanish bond with a maturity of 10 years in the secondary debt markets has closed at 3.428%, below the 3.542% closed on Monday. Thus, the risk premium has risen by one point, to 104.4 basis points.

In the foreign exchange market, the euro has depreciated by 0.69%, once again losing the level of 1.1 dollars for each euro, standing at 1.097 dollars for each euro.