The Madrid selective index falls 0.30% in the early stages of the session, trading at 19,513 points, weighed down by rising crude prices and expectations ahead of the ECB meeting.
The Ibex 35 has started Thursday's session with a decline of 0.30%, standing at 19,513 points. The lower opening puts the psychological barrier of 19,500 points at risk, on a day marked by the publication of corporate results, geopolitical tensions in the Middle East, and the meeting of the European Central Bank's Governing Council.
Among the stocks that are rising the most at the start, Indra stands out, up 3.99%, followed by Rovi (+2.14%) and Solaria (+1.48%). Conversely, the steepest declines are seen in ArcelorMittal (-1.20%), IAG (-0.97%), and Puig (-0.95%).
The banking sector shows mixed performance. Santander falls 0.81% and BBVA 0.09%, while CaixaBank drops 0.23%. In contrast, Bankinter rises 0.88% and Sabadell 0.09%. Unicaja Banco, on the other hand, registers a slight decline of 0.06%.
In the rest of Europe, stock markets are also trading mixed. The Paris Cac 40 falls around 0.5%, while London's Ftse 100 loses 0.2%. In contrast, Frankfurt's Dax rises 0.5%.
The price of Brent crude, the European benchmark, has risen to 96.47 dollars per barrel, its highest level since June 8. The increase comes after Houthi rebels in Yemen announced an attack on two Saudi oil tankers in the Red Sea, raising tensions in the region and driving up crude prices.
Investor attention is also focused on the ECB meeting, which could provide clues about interest rate developments and monetary policy measures. Any announcement in this regard could influence the direction of the stock markets in the coming hours.
For individual investors, today's session appears volatile. The rising cost of crude may pressure company costs and inflation, while ECB decisions will directly affect debt profitability and the valuation of financial assets. Caution is advised, and it is recommended to closely monitor market developments.
The Ibex 35 has accumulated a revaluation of nearly 12% so far this year, but geopolitical tensions and macroeconomic uncertainty could test that trend in the coming weeks. The level of 19,500 points is a key technical reference: if it is lost, it could open a bearish gap towards 19,300.
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