I said this morning, Antonio Castelo, iBroker analyst, that the market continues to move «more by momentum than by valuations.» But it is true that, to date, the Ibex 35, day after day, climbed positions but never reached investment heaven, to break the expected closing highs of November 8, 2007in which the levels that have been broken today and that mark a record and something more in the Spanish stock market were set.
The moment has finally arrived when investors, decisively, today, break the spell that the European stock markets, with their highs this year, had already overcome: the levels before the financial crisis that broke all schemes and on which today the Spanish stock market has been crowned, including a historical record. It has even exceeded 16,000 points at the close.
The IBEX 35 closes at new historical highs after rising 0.87% and standing at 16,000.20 points. Among the values that rose the most, Indra 7.52%, Grifols A 2.08% and Mapfre 1.86% and the largest falls were noted by companies such as Cellnex 1.39%, Fluidra 0.93% and Acciona Energías Renovables 0.82%.
The great protagonist of the day is without a doubt Indra, and the rush experienced due to the continuous and renewed implementation of the defense sector. From the look at the space that the Spanish company can count on from Europe, until tomorrow Tuesday and that decisive advice to be celebrated by the company, the most bullish of the year, let us not forget it.
And you will have to decide about it.the renewal of six of its members as well as the upcoming acquisition of Hispasat, which could significantly transform its involvement in the space sector. These are five independent directors and one proprietary director of SEPI, the State Industrial Participation Company that represents the State and whose terms expire on October 28.
In the field of recommendations, Deutsche Bank raises the price for Bankinter from 12.75 to 13.50 euros, and Oddo reviews the banks’ potential upwards. In addition, JP Morgan increases the price of Telefónica shares from 3.70 to 4.10 euros.
On the other hand, ACS, through Turner, will build the new stadium for the Philadelphia 76ers and the Philadelphia Flyers. In addition, Bankinter closed this Monday an issue of 500 million euros in eight-year senior preferred debt with the possibility of early repayment in the seventh year.
In around three hours, the entity has received a demand for 2.4 billion euros, which is more than 4.8 times the amount issued.
In the Continuous Market, we have known the accounts of the insurer Linea Directa, which closed the first nine months of 2025 with a net profit of 59.7 million euros, which represents an increase of 46.4% compared to the same period last year, as reported by the company this Monday when publishing its quarterly accounts. The total premiums issued between January and September were 843.8 million, which registered an increase of 11.4% compared to the premiums registered in the same period of 2024.
Metrovacesa earned 267 million euros in the first nine months of this year, a figure 4.3% lower than that of the same period in 2024, as it expects a greater concentration of housing deliveries and land sales in the last quarter of 2025, as reported this Monday by the real estate developer, which has more than doubled the December dividend, up to 170 million euros. Between January and September 2025, the company delivered 812 homes, with a gross margin of 22.5%, and land sales of 17 million euros.
Already in the rest of Europe, EURO STOXX 50 rises 0.62% to 5,709 points, the CAC 40 advances 0.16% to 8,239 points, the Dax gana 0.24% to 24,313 points, and the session in London ends for el FT 100 with increases of 0.06% to 9,651 points.
On Wall Street, pending results, this week All Big Tech companies publish except Nvidiathe tariffs and of course the hope placed on the Asian tour of Trump and at the meeting in South Korea on the 30th with his Chinese counterpart, Xi Jinping.
Today they are in the news, Avidity Biosciences skyrocketed 42% on the stock market today after the Swiss Novartis announced the purchase of the American biopharmaceutical company for about $12 billion in cash. Novartis will pay Avidity shareholders $72 per share, a 46% premium to Friday’s closing price.
A Bloomberg report notes that Nelson Peltz’s Trian Fund Management is working with investment firm General Catalyst to buy the remaining shares of Janus Henderson that it does not already own. The purchase offer values the asset manager at approximately $7 billion, according to Bloomberg, which cited sources familiar with the matter.
Children’s clothing company Carter reported worse-than-expected third-quarter earnings: $757.8 million in revenue for the quarter ended Sept. 27, less than the $772.3 million Wall Street expected. The firm also announced that it will cut approximately 15% of its workforce by the end of 2025.
At the end of the day in the Spanish stock market, the DOW JONES Ind Average remains with advances of 0.54% to 47,462 points, with an S&P 500 that advances 0.98% to 6,858 and a Nasdaq OMX that marks levels at 23,579 points and advances 1.16%.
In the rest of the market, we start with the fixed income market, which lost positions, with the 10-year Spanish bond, which fell 0.54% to 3.142% while the falls were 0.21% for the German bund, which was trading at 2.6185%. The risk premium fell 2.48% to 52.35 basis points.
In raw materials, oil at opening levels. He future of the Brent barrel that drops 0.05% to $65.18while West Texas places its price at $61.57, and advances 0.11%.
Gold once again cuts sharply, 3.24% and is on the verge of $4,000 per ounce.
Bitcoin now advances 1.36% and stands at $115,117.9 per asset. Finally, in the Euro Dollar relationship, increases 0.08 for the single currency against the greenback to 1.1635 units.