The Ibex 35 deepens its declines at midday and remains on the edge of 18,900 points

The Ibex 35 intensifies its declines at mid-session, pressured by the Fed and a wave of corporate results in Spain and Europe.

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Elecciones 29N · Encuestas

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Media a 27 de octubre de 2026 · 15 institutos

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Media del último estudio de cada instituto en 30 días y su evolución semanal desde el 23J. Partidos con al menos un 2 %.

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Elecciones generales del 29 de noviembre · Demócrata

The Ibex 35 fell to 18,902.6 points at Wednesday’s midday session, which implies a drop of 1.35%, thus widening the 0.48% decline that the selective index showed at the open.

The day is marked by anticipation ahead of the monetary policy decision that the Federal Reserve will announce this Wednesday, while investors process the corporate results released early in the day.

Experts consider that the central bank of the United States will keep interest rates unchanged, after raising the benchmark rate at its last meeting, for the first time in more than three years, although they expect a new increase before the year ends.

Banco Santander has reported that it obtained a net profit of 11,176 million in the first nine months of 2026 as a whole, which represents an increase of 16.1% compared with the same period last year.

The insurer Mapfre obtained a net profit of 924.3 million in the first nine months of 2024 as a whole, which represents an increase of 11.5% compared with the same period last year.

Línea Directa has announced before the market open that it obtained a net profit of 80.4 million euros in the first nine months of the year, which represents an increase of 34.8% compared with the same period last year.

Endesa has noted that it recorded a net profit of 1,962 million euros in the first nine months of the year, which represents an increase of 14.7% with respect to the same period of the previous fiscal year, while also reaffirming its forecast of an ordinary net profit for the year of more than 2,400 million.

For its part, Redeia has pointed out that it obtained a net profit of 410.3 million euros in the first nine months of the year, which represents an increase of 5.3% with respect to the earnings of the same period of the previous fiscal year, when they stood at 389.8 million.

The airport operator Aena has commented that it closed the first nine months of 2026 with a net profit of 1,796 million euros, which represents a growth of 10.8% compared with the same period of the previous fiscal year.

On its part, Ferrovial highlighted that it obtained an operating profit of 848 million in the first nine months of 2026, which represents a decline of 12% compared with the 966 million euros recorded in the same period of the previous year, as a consequence of the higher capital gains obtained last year from the sale of assets.

Técnicas Reunidas has announced that it has been awarded a contract with the African industrial conglomerate Dangote for the supply of two hydrogen production reformers destined for a new ammonia and urea fertilizer complex in the locality of Gode, in the Somali province of Ethiopia.

Vidrala has indicated that it obtained attributable net profit of 173.4 million euros in the first nine months of the year, a figure 6.4% higher than that of the same period of 2025.

Lastly, Fluidra has emphasized that it has amortized more than two million treasury shares, representing 1.1% of its capital, after completing its share buyback program.

In this context, around 12:00 hours the biggest corrections within the stock market corresponded to Acciona (-4.52%), amid the apparent withdrawal of interest by funds in its energy subsidiary; Acciona Energía (-4.45%), Banco Santander (-4.01%), Mapfre (-2.86%), Endesa (-2.81%), Acerinox (-2.63%) and ArcelorMittal (-2.35%).

Only two companies registered gains at mid-session: Solaria (+0.45%) and Fluidra (+0.11%), while Redeia and Unicaja remained unchanged.

The main European indices were also showing a negative tone. Paris fell 0.13%; Frankfurt, 0.06%; London, 0.26%; and Milan, 0.15%.

In the crude oil market, the Brent barrel stood at 114.97 dollars, 0.96% higher, while West Texas Intermediate (WTI) advanced to 101.53 dollars, an additional 1.63%.

In fixed income, the yield on the Spanish 10-year bond rose to 4.009%, from 3.997% at Tuesday's close, raising the risk premium to 64.3 basis points.

As for currencies, the euro was trading against the dollar practically flat, at a rate of 1.1125 dollars per euro.