
The IBEX 35 closes the session with 1.5% drops at 14,704 points. Investors are still far away from 15,396.80 points of just ten days ago, which marked not only the highest closure of the year but since December 2007. However, the index comes from raising 3.74% in August, while in accumulated of the year the rise is still 28.5%.
From a technical point of view, «after the rupture of the average of 10 days, the index has not only been below it, but it has begun to turn down. The technical indicators, such as the stochastic, also confirm this corrective phase. The first relevant support was in the 14,885 points, which has been violated today. The next key level is located at 14,735 points, where one could produce a 14,735 Attempt to rebound, especially because the market already shows overall levels. The next support would be at 14,380 pointswhich correspond to the maximums of the previous upward section registered on May 21, 2025, «says Sergio Ávila, an IG analyst who believes that the prudent» is to expect signals of stabilization: first that the fall is signed, after the market begins to recover, and finally that some technical signal appears that supports a sustainable upward movement. »
Within the selective, among the most penalized values of the session IAG (Iberia) and Arceormittal with falls that exceed three percentage points, which tomorrow will start from 4,3730 euros and 27.54 euros, respective, respective.
In positive they have only closed three values. Naturgy (natural gas) has scored just over half a percentage point, over 26.86 euros, Repsol advances 0.11% while comprehensive logist closes with shy increases that lead to 28.14 euros.
Among the most negotiated values, Santander yields 1.8%, Sabadell goes back that percentage, up to 3,1910 euros, BBVA loses more than a percentage point and Telefónica shares will begin tomorrow to quote from 4,5820 euros after registering falls today of 0.9%.
Among the protagonists of the corporate side day, Banco Santander has reinforced its organization chart in Spain to accelerate the transformation. Pedro Gómez Heredia enters the Management Committee as head of people and culture. The subsidiary in Ing and Procter & Gamble to the new data and marketing managers. Besides, The Board of Directors of Santander UK has approved to cancel the payment to its matrix of dividends accrued until June 2025 as «anticipation» of the TSB purchase agreement. In the first semester of 2024, the dividend distributed to Banco Santander was about 554 million pounds (447 million euros).
Also in the financial sector, Unicaja is the only Ibex 35 company that, for the moment, has confirmed a dividend payment in September. It will also be the greatest payment in its history. Check the key dates not to miss it.
As for the recommendations of the analysts, Morgan Stanley analysts have reviewed the objective prices of Caixabank, Bankinter and Unicaja on Tuesday. In addition, Barclays reduces Inditex’s target price to 43.50 euros from 45.
In the continuous market, investors have met Edreams Odigeo’s results early in the morning. The company registered a net profit of 13.6 million euros during its first fiscal quarter 2026, completed on June 30, compared to the losses of 1.2 million of the same period of last year.
Grenergy Renewable has agreed to the sale of the entire phase 4 of the Oasis de Atacama project, in northern Chile under the Gabriela denomination, to DIF, the Dutch fund acquired by CVC a year ago, worth 475 million dollars (405 million euros), as announced late to the CNMV. The operation includes approximately 24 million dollars (20 million euros) depending on the fulfillment of certain milestones. The company has been one of the most bullish in the continuous market by registering increases of more than 3.4% in the session.
Only Montebalito has exceeded Grenergy revaluation by scoring more than 9% ascent. On the contrary, Edreams Odigeo yields more than 7% in the session.
European Bags, Wall Street and other markets
European stock markets keep the falls at the close of the session. He DAX Rao 1.9%, over 23,560 points, the FT-100 loses more than six tenths, up to 9,139 points, the CAC-40 It is left 0.6%, around 7,660 points and the Eurostoxx 50 It closes in the 5,300 points after leaving more than 1.6%.
The bags feel the political instability in France again before eThe next day 8 François Bayru undergoes a matter of trust that, predictably, will lose and make the Gallic Government fall. In this context, the gala debt begins to give symptoms of stress, the differential is extended with the German bonus and the types rebound. Something that weighs in a country with a debt that touches 115% of the country. The gala debt begins to show stress symptoms: the differential is extended to the German bond and the types rebound strongly. That, in a country with such a high structural deficit and a public debt that already touches 115 % of GDP, begins to weigh-
At this time, The profitability of the French bonus at ten years at 3,585% compared to 2,7851% of the German bondwhich yields a risk premium of 80 basic points in France that compares with the 61.3 basic points of Spain, with a ten -year bonus profitability at 3,398%.
Opening on Wall Street after a Federal Court of Appeals ruled on Friday that most global tariffs of President Donald Trump are illegal. The Court of Appeals for the Federal Circuit determined, in a ruling of 7 to 4, that only Congress has the authority to apply broad taxes. Trump described the «highly partisan» decision and has said that he will appeal to the US Supreme Court. At this time, the future of Dow Jones yields 0.77%, up to 45,202 points, the future of S&P 500 It yields more than a percentage point, over 6,391 points and the future of Nasdaq 100 yields 1.2%, up to 23,130 points.
In this market, we have known that the United States industrial activity contracted in August for sixth consecutive month, driven by a production drop that shows that the manufacturing sector is still stagnant. He Manufacturing Index of the Supply Management Institute (ISM) stood at 48.7 last monthaccording to data published on Tuesday. Although it represents a slight improvement with respect to July 48.
In raw material markets, oil prices advance in the face of increasing concern for supply interruptions while the conflict between Russia and Ukraine scale. Brent reference oil in Europe rises 0.5% to $ 68.49 per barrel, while American West Texas oil futures advance 1.4%, up to $ 64.93.
In the currency market, the euro dollar yields 0.3%, up to $ 1.1670 and among cryptocurrencies, Bitcoin rises more than two percentage points, up to 111,396 dollars and Ethereum goes back 0.9%, up to $ 4,355.