The Ibex 35 opens with a gain of 0.6% and regains 20,000 points in the middle of a strike day

The Ibex 35 opens higher, recovers 20,000 points in the midst of a general strike and trades pending on oil, debt and the European stock markets.

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Elecciones generales del 29 de noviembre · Demócrata

The Ibex 35 has opened the session this Wednesday with a gain of 0.60%, which has allowed it to move back above the 20,000-points threshold, a level at which it already began the previous day but which it ended up losing at the close on Tuesday.

At the start of trading, the Madrid benchmark stood at 20,064 points, on a day marked across Spain by a 24-hour general strike called, among other unions, by CCOO and UGT. It is the first general strike they are promoting in 14 years and also the first that takes place with Pedro Sánchez at the head of the Executive.

On the international front, markets continue to be very focused on the situation in the Middle East, on diplomatic efforts to try to end the war in Iran, and on doubts about the stability of oil supply.

In this context, Brent, the benchmark for Europe, recorded a 0.5% rise at the opening of European markets, to 91.9 dollars, while West Texas Intermediate (WTI), the benchmark in the United States, was up 0.2%, to 86.2 dollars per barrel.

In the corporate sphere, before the bell rang, Digi said it closed the first nine months of the year with revenue of 785.1 million euros in Spain, which represents a 15.3% increase compared with the same period of the previous financial year.

In the first minutes of trading on the Plaza de la Lealtad, the biggest gains within the Ibex were for ACS (+2.3%), ArcelorMittal (+2.29%), Acerinox (+1.5%) and Acciona (1.47%).

On the other side, the most notable declines were for Aena (-0.48%), Amadeus (-0.42%), Colonial (-0.19%) and Logista (-0.11%).

At the same time, the main Stock Exchanges of the Old Continent also started in positive territory: Frankfurt was up 0.9%, Paris and Milan gained 0.7% and London advanced 0.8% in the early stages.

In the currency market, the euro gave ground against the dollar, trading at 1.1146 “green bills”, while in the secondary bond market the yield on the Spanish 10-year bond fell to 3.860%.