The Spanish stock market gains moderate positions. The best of the day, step by step with increases that place the Spanish selective on the verge of breaking all-time highs at just over 120 points, those that separate it from the glory of finally surpassing the levels just before the financial crisis.
Thus the IBEX 35 ends the day with increases of 0.07% to 15,792.20 points with the increases experienced by Repsol 3.35%, Solaria 2.25% and Acciona Energías 2.09% and the falls experienced by Bankinter 4.98%, Unicaja 2.13% and Caixabank 1.67%.
Among the protagonists of the day, second presentation of results with a very poor reading of the market. Bankinter, the first of the Ibex 35 banks to present accounts. The entity has announced that it closed the third quarter of 2025 with a net profit of 811.5 million euros, 11% more than a year before, driven by credit growth, the expansion of asset management and the strength of its margins. The negative note is that the interest margin stood at 1,667 million euros, 3.5% less in year-on-year terms due to the impact of interest rates.
Ferrovial is also a protagonist, which has announced that it will pay a dividend of 0.4769 euros per share. Payment will be made in cash or shares, at the choice of the company’s shareholders. The ex-dividend date in Europe will be October 24 and in the US on October 27.
Among the analysts’ recommendations, Bestinver improves BBVA’s target price, which goes from 17.90 to 18.70 euros per share.
In the Continuous Market, Atresmedia has announced that it obtained a net profit in the first nine months of 2025 of 63.5 million euros, 18% less than in the same period last year. EBITDA stood at 90.2 million euros.
Already in the rest of Europe, the results are in the foreground. Kering, with increases that are close to double digits, which opens new expectations in the face of the reconversion of the deteriorated Gucci after the arrival of Luca de Meo to the French luxury brand. Better than the market expected, and after doubling the company’s price since the arrival of the ex-Renault was announced.
In its figures, turnover reached 3,415 million euros, which represents a decrease of 9.8% compared to the same period of the previous year in absolute terms, and a decrease of 5% in comparable terms.
Besides Unileverhas recorded a 3.9% increase in underlying sales growth during the third quarter of 2025, driven by a 1.5% increase in sales volume and a 2.4% increase in prices. The company’s turnover reached €14.7 billion, reflecting a year-on-year decrease of 3.5% due to a significant negative exchange rate impact of 6.1%.
At the end of the day, the EURO STOXX 50 rose 0.48% to 5,665 points, the CAC 40 gained 0.23% to 8,225 points, the Dax advances 0.15% to 24,199 points, and the session in London closes with decreases for el FT 100 of 0.60% the 9,572 points.
On Wall Street recovery at different rates, lower in the Dow Jones and higher in the Nasdaq in the middle of earnings season.
Tesla’s report, released yesterday after the close of regular trading, does not seem to be being well received by the market. Shares of the electric vehicle manufacturer fall more than 3% at the open after mixed accounts. On the one hand, revenue increased 12% to $28.1 billion thanks to strong vehicle sales, exceeding the expected $26.37 billion. However, adjusted earnings of 50 cents per share fell short of expected 54 cents.
In the airline sector, American Airlines posted increases of 5.3% on Wall Street. The company Not only has it presented smaller losses than expected in the third quarter, but it also presents more optimistic forecasts for the rest of the year. American expects to earn earnings of between 45 cents and 75 cents per share in the fourth quarter, above the 31 cents per share analysts expected. This raises the full-year earnings forecast to between 65 cents and 95 cents per share, well above the 43 cents per share forecast by Wall Street.
At the close of the Spanish session, the DOW JONES rises 0.07% to 46,621 points, the S&P 500 advances 0.27% and stands at 6,716 points while the innovative and technological Nasdaq OMX gains 0.58% to 22,872 points.
Already in fixed income, increases in the returns of assets with the Spanish 10-year bond that places its yield at 3.114% and advances 0.81%, with increases of 0.69% for the German bund, up to 2.5786%. The Spanish risk premium rises almost 0.9% to 53.48 basis points.
In commodity markets, oil prices soar today after The Trump administration has imposed new sanctions on Russia’s two largest crude oil companies, Rosneft and Lukoilciting Moscow’s “lack of serious commitment to a peace process to end the war in Ukraine”
Brent crude oil futures gain positions. They rise 1% to $61.44 per barrel, while US West Texas crude oil rises 5.03% to $61.44 per barrel.
Abrupt recovery for Gold Futures with increases of 2.42% to $4,163 per ounce.
The Euro Dollar is at opening levels, at 1.1609 units, while Bitcoin advances 1.14% to 109,951 dollars per asset.