The Ibex 35 starts the session without a clear direction, although European sentiment is somewhat more positive. Indra leads the gains and Cellnex is the biggest loser.
The Ibex 35 opens the session flat, with European sentiment slightly more positive allowing some indices to rebound slightly. According to XTB's analysis, the Spanish index has accumulated a week of uncertainty, and the previous day's session closed in the green with solid gains in some stocks.
Indra leads the index's gains, although it loses momentum as the day progresses. Repsol rises alongside the price of crude, and Iberdrola reported third-quarter results with revenues and profits above expectations, failing to generate much enthusiasm among investors.
Cellnex is the worst-performing stock in the index, although the overall decline within the Ibex 35 is minimal. XTB anticipates high volatility in the coming weeks, coinciding with earnings season.
The firm reminds that its content is informational and educational, not an investment recommendation, and that past performance does not guarantee future results.
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