The Ibex 35 has started this Thursday's session with a 0.33% drop, standing at 18,320.2 points, in an opening once again conditioned by the evolution of Brent crude, which rises to $97 a barrel after the latest cross-attacks between the United States (USA) and Iran.
In detail, the Brent crude oil barrel, a benchmark for Europe, was trading around $96.8 at the opening of the continent's stock exchanges, after rising 2.7%, while West Texas Intermediate (WTI), a benchmark in the USA, was trading near $91.1 after also advancing 2.7%.
Corporate Movements and Business Results
In the corporate sphere, Banco Santander will resume its share buyback program of 5.03 billion euros from this Thursday, after having communicated its temporary suspension at the end of April.
At the same time, the entity has communicated that it has completed an issuance of contingently convertible preferred shares into newly issued ordinary shares ("CoCos"), with exclusion of the preferential subscription right, for a total nominal amount of 1.5 billion dollars (about 1.293 billion euros).
On the other hand, before the market opened, eDreams announced that it achieved a record net profit of 52.2 million during its fiscal year 2026, which closed on March 31, representing an increase of 16% compared to the previous year, emphasizing that it exceeded its forecasts for its "prime" members and the "cash" Ebitda.
Featured Stocks and Evolution of Major European Markets
In the early stages of trading, among the most bullish stocks was Repsol, with a 1.4% advance, ahead of Solaria (+1.1%) and Acciona Energía (+0.6%). On the downside, Grifols fell 8% and IAG retreated 1.2%.
The rest of the major European stock markets started the session with declines: Frankfurt and Paris fell 0.4%, London retreated 0.8%, and Milan ceded 0.1%.
Currencies and Sovereign Debt
In the foreign exchange market, the euro lost ground against the dollar, falling to 1.1609 "greenbacks," while the yield on the Spanish ten-year bond rose to 3.433%.