The Ibex 35 closed Thursday's session at 18,857.6 points, down 0.14%. Mapfre led the declines, while Ferrovial topped the gains following the ECB's decision to maintain interest rates.
According to OK Diario, the Ibex 35 closed Thursday's session with a drop of 0.14%, down to 18,857.6 points. Mapfre led the declines, falling 3.74%, followed by BBVA (-2.58%), CaixaBank (-1.72%), Unicaja (-1.62%) and Inditex (-1.4%).
On the upside, Ferrovial rose 3.8%, Indra 3.55%, Acciona Energía 3.3%, Repsol 3.05% and Cellnex 2.88%. The session was marked by the publication of corporate results, the evolution of the conflict in the Middle East, and the European Central Bank (ECB)'s decision to keep interest rates at 2.5%.
On the geopolitical front, Iran's Revolutionary Guard announced the downing of a US MQ-1 Predator drone over the Strait of Hormuz. US President Donald Trump confirmed that his Vice President, JD Vance, sent a letter to a senior Iranian official, although according to his words, efforts are focused on humanitarian work.
The Brent crude barrel was priced at 113.78 dollars at the close of European markets, down 1.34%, while West Texas Intermediate traded at 100.88 dollars, down 1.85%.
The ECB decided not to change interest rates after increases in June and September, in a context of inflation at 3.8% in September, the highest level in three years. Its president, Christine Lagarde, announced she would leave office on February 7, 2027. The day before, the Federal Reserve had kept its rates between 3.75% and 4%.
In corporate news, Banco Sabadell reported a profit of 1.376 billion euros in the first nine months of the year, 1% less than a year earlier, with the contribution from TSB, which was part of the group for four months. The entity attributed the result to
“the business momentum, a trend that will continue moving forward”
BBVA increased its net profit by 13.6%, reaching 9.066 billion euros. Indra earned 355.5 million, up 22%, and Repsol reached 5.006 billion, a 325% increase, influenced by the revaluation of its inventories (943 million).
Naturgy reported a profit of 1.758 billion euros, a 5.4% increase, and raised its targets for 2026, the year in which it expects profits of around 2.2 billion euros.
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