The rebound arrived early on in the European stock markets, but it cost more to an Ibex 35 marked by the banks’ cuts still this Wednesday. And the different composition of each market is marking these daysfrom the Dax to the Ibex 35 through the Euro Stoxx 50, the final amount of the losses, depending on the exposure of the values to the inclemencies of the conflict in the Middle East.
However, everything has been positive, if we take into account that, shortly after mid-session, news arrived from The New York Times indicating that, despite the escalation of the conflict, Iran could be opening a discreet line of communication and the CIA, the US Central Intelligence Agency, indicated that the ayatollah regime could begin negotiating talks to end the war. in a communication that reached American hands through a third country.
This encouraged purchases again and in this way the Ibex 35 It recovered positions so significantly that, at closing, it was its best session in percentage for almost a year, since the recovery in April 2025. after the great scare in the markets following the imposition of tariffs by Trump.
In this way the Spanish selective closed on the edge of the 17,500 pointsreturning to levels from the end of January.
The IBEX 35 closes this third trading session of the week with gains of 2.49% to 17,487 points with the advances of values such as Amadeus 5.56%, Acerinox 5.35%, and Indra 5.22% and the falls experienced by companies such as Repsol 2.85%, Enagás 0.72% and Laboratorios Rovi 0.31%.
Among the largest recoveries of the session we find with the steel sectorAcerinox and ArcelorMittal one of the most punished yesterday and that today reflect strong progress, leading the best of the selective.
Good day also for the banks, especially for Banco Santander and BBVA as well as for the tourism sector, also very affected in these last two sessions, with Amadeus and IAG (Iberia) due to the effect of the war conflict on their future income statements and the rise in oil.
Indray defense is also advancing while renewables also had a great session today.
Only Repsol and to a lesser extent Enagás have corrected, the former undoubtedly due to the lower rise in crude oil and the taking of profits after 13 consecutive sessions of increases. Also due to the news coming from Moncloa and the Minister of Economy, Carlos Corpo, who points out that if there is a significant advance in crude oil prices, they could potentially intervene as in 2022, which would be to the detriment of Repsol, Moeve and BP.
Also prominence for Naturgy. If BlackRock has sold its entire stake in the energy company through an accelerated placement, last night it was known that CriteriaCaixa has taken advantage of this operation to strengthen its position in the energy company by acquiring 2.5% for an amount of 611 million euros. In this way, the holding company that manages the business assets of the ‘la Caixa’ Foundation increases its participation to 28.5%.
Already in the rest of Europe, general advances, the EURO STOXX 50 rises 1.79% to 5,874 points, the CAC 40 advances 0.79% to 8,167 points, the Dax gana 1.79% to 24,174 points and the FT 100 rises at the close of Wednesday 0.75% to 10,562 points.
And on Wall Street, gains and rebound for the three main indicators. In terms of values, CrowdStrike exceeded analyst expectations last night with its fourth quarter accounts, and presented prospects for the first quarter of this year similar to those expected by the market. Thus, it put on the table adjusted earnings of 1.12 dollars per share, compared to the 1.10 dollars expected by analysts, with revenues of 1.3130 million that beat the forecast of 1.300 million.
Ross Stores, the owners of the well-known discount brand stores Dress For Less, recorded increases of 6.5% and marked its best inter-annual level at mid-session. The retailer has not only exceeded market expectations with its quarterly accounts, but has announced a 10% increase in its quarterly cash dividend, to about 45 cents per share. Ross reported earnings of $2 per share on revenue of $6.64 billion for its fourth quarter, beating analysts’ estimates of $1.90 per share in earnings and $6.41 billion in revenue.
At the close of the Spanish session, the DOW JONES rose 0.51% to 48,747 points, the S&P 500 advanced 0.63% to 6,859 points and the Nasdaq OMX rose 1.12% to 22,771 points.
In the rest of the market, we start with the fixed income market, with cuts in the 10-year Spanish bond, from 1.42% to 3.193% while in the case of the German bund, there are decreases of 1.06% to 2.7456%. The risk premium drops 2.09% and corrects to 44.13 basic points.
In raw materials, oil is already turning around, with cuts of half a point Brent barrel future up to $81.01 while West Texas places its price at $74.13, and gives up 0.63%. Gold advances 0.64% and places its price at $5,157 per ounce.
Already, Bitcoin skyrockets in this session, with gains of 7% until reaching $73,000 per asset. Finally, in the Euro Dollar relationship with a fall in the dollar after yesterday’s rise and recovery of the single currency by 0.25% to 1.1640 units.