Ibex 35 broke three sessions and holds 11,600 points thanks to Acciona Energía and Repsol.

Spanish shares again mark a day of great unknowns and levels close to the opening, with many movements. surrounding the 11600 area throughout the session.

Once again doubts are cast on the market, in the face of conflict in the Middle East, in a session marked by weakness in equities, another strong rise in oil prices, slight declines in gold as well as the euro against the dollar, a decline in Bitcoin and a rise in fixed income yields.

Thus, the IBEX 35 index ends the day with a slight increase of 0.07% to 11,618 points, with the fall of companies such as Sacyr 2.20%, Indra 2.16% and IAG (Iberia) 1.75%, as well as the growth of such indicators such as Acciona Renewable Energies 2.09%. Repsol 1.29% and Caixabank 1.25%.

According to the newspaper, among the main characters of the session, Aksion is pursuing the Nestlé headquarters to turn it into houses. Five days. In particular, the group’s real estate division is negotiating the purchase of the Esplugues office complex from the Korean fund Igis.

Telefónica and Inveready are bidding to gain control of Avatel, according to information provided Economist.

Investors have been keeping a close eye on Banco Sabadell and BBVA after the latter yesterday changed the remuneration offered in its hostile takeover of the Catalan entity, including paying in cash for the first time. As published today ExtensionHowever, analysts still consider this improvement “insufficient.”

Another of the Spanish market’s greatest soap operas, the Continuous Market, is about the future of Talgo. As published today ConfidentiallyTalgo shareholders have rejected the new Skoda merger proposal. Meanwhile, La Vanguardia emphasizes that the government is looking for Spanish companies for Talgo, given the paralysis of Škoda.

Another stock to watch today is FCC, which, according to information provided by Extension And Information received a contract to build a “stadium of the future” in Arabia for $1 billion. Meanwhile, OHLA gets closer to its salvation thanks to Sesuke’s participation.

Also Telefónica, given the upgrade of HSBC’s recommendation and price target, which, however, still leaves a negative outlook for its shares. In fact, he is raising to guard against a decline and also improving his price target.which rose to 4 euros from the previous 3.3.. However, the potential that marks HSBC remains negative, with 8% in particular in which he believes that his market price is too high.

Bye, from Alantra they are even more negative about the cost. They place their rating on Telefónica shares at Sell, while setting a target price of €3.86 per share, which represents a downward trend from yesterday’s closing price of 11.16%.

Also Santander’s recommendations regarding Inditex. Your analytics firmmaintains Overweight recommendation for Inditexwhile raising the target price from 51.50 to 57.20 euros per share. The new estimate represents an upside of 10.04% from yesterday’s Wednesday close. If the market capitalization is achieved, it will rise to 178.272 million euros.

Already in the rest of Europe wider declines, despite London showing little sign of slowing its progress in the market. In the EURO STOXX 50 Index, only the energy sector is rising, with cyclical consumption, industrial values, and basic materials and technologies declining.

TotalEnergies, BP and Shell, three companies in the oil sector, are gaining ground in the midst of a revaluation of oil and falling oil prices. GSKBNP Paribas and Sanofi.

On a day when Barclays is once again punishing the auto sector by broadly cutting its estimates across the board following the latest profit warnings for the sector led by Stellantis. However, he sees less skepticism in the sector.

Thus, the EURO STOXX 50 index lost 0.84% ​​to 4921 points, the CAC 40 index fell 1.39% to 7477 points, and the CAC 40 index fell 1.39% to 7477 points. DAX give up 0.71% to 19,012 points, and the session in London ends at FT 100 with losses of 0.12% to 8280 points.

Wall Street is already seeing a general decline in indicators ahead of the week’s stellar data, due out tomorrow, a jobs report that could set the tone for more or less Fed rate cuts at its November meeting.

Among the corporate heroes is Levi Strauss, whose shares fell 7.8% at the close of the Spanish stock market after the jeans maker announced last night that Your business is affected by poor Dockers brand performanceon which you could put a “For Sale” sign. Dockers sales fell 15% during the quarter.

Levi’s reported mixed quarterly results, with adjusted earnings of 33 cents per share on revenue of $1.52 billion. Analysts had expected earnings of 31 cents per share, excluding items, on revenue of $1.55 billion. The company also lowered its forecast.

Investors will also have to pay attention to Tesla’s price after learning that the electric vehicle maker will recall 27,185 Cybertrucks from the US market due to an issue that reduces visibility behind the vehicle, the National Highway Traffic Safety Administration in the US announced. . US Highways (NHTSA). Its shares are currently down 2.26% in mid-session trading.

Constellation Brands posted a 2.2% decline despite fiscal second-quarter earnings that were better than expected. The beverage company, which makes Corona beer, earned $4.32 per share, compared with $4.08 per share estimated by analysts. However, Revenue of $2.92 billion fell short of expectations. The company also reaffirmed its earnings per share guidance for the full year.

Thus, the DOW JONES Ind Average lost 0.62% to 41,936 points, the S&P 500 Index fell 0.31% to 5,691 points, and the Nasdaq OMX Index fell 0.24% to 17,884 points.

In fixed income they are growing asset yield with the 10-year Spanish bond yield at 2.923%. and rose 0.86%, while German bonds rose 1.57% to 2.1360%. The risk premium fell 1% to 78.90 basis points.

Oil prices continue to rise European Brent oil is getting closer to $77 per barrel. In particular, it rose 4% to $76.92, and US West Texas rose 4.31% to $73.13.

As for the euro-dollar, it fell by 0.26% to 1.1016 units.