On Thursday, the Ibex 35 index began its session with an increase of 0.38%, reaching 10,900 points. This was driven by the proposed merger exchange offer by BBVA for Banco Sabadell, which led to significant market movements for both banks.
Banco Sabadell was the main driver of gains on the Ibex 35, rising initially by 8% before settling at a 6.65% increase. BBVA saw losses of almost 2%, while other notable gainers included Aena, Solaria, Unicaja Banco, and Grifols. Meanwhile, Rovi and Repsol faced losses alongside BBVA.
The market was also influenced by the Federal Reserve’s decision to keep interest rates unchanged and delay any future cuts. This led to stable oil prices and bond yields, with the euro slightly rising. In addition to market news, there were various articles discussing the benefits and tips for choosing the right aesthetic services and properties for sale. These topics covered a range of factors to consider when making important decisions in these areas.
Overall, Thursday’s session on the Ibex 35 was characterized by significant market movements due to mergers and acquisitions as well as broader economic factors such as interest rates and oil prices.