Business · Markets · 1 hr ago
Ibex opens the week above 19,000 points as investors watch oil and earnings
Spain’s Ibex stock index is starting the week at 19,033 points in a partly festive trading session.
It fell 0.3% last week, despite rising 0.55% on Friday in a volatile session.
European stock futures point to a positive opening.
Investors are watching oil prices because higher energy costs can add to inflation and put pressure on bond yields.
Brent crude is trading at $104 a barrel as markets weigh developments involving Russia and Ukraine and rising tensions in the Middle East.
Company results will also be in focus, with major US banks due to publish earnings from Tuesday.
How oil prices and these results affect markets remains to be seen.
The Ibex opened the week at 19,033 points on a semifestive trading day.
Investors were watching oil prices, debt yields and the start of the corporate earnings season.
Brent crude was trading at $104 a barrel amid geopolitical tensions.
The index had lost 0.3% the previous week, despite rising 0.55% on Friday.
- Who
- Investors in the Spanish stock market.
- What
- The Ibex started the week at 19,033 points as investors monitored oil prices, debt yields and company earnings.
- When
- Monday, 12 October 2026.
- Where
- The Madrid stock market.
- Why
- Investors were assessing the effects of oil prices and geopolitical tensions, along with the start of the earnings season.
This story does not have two clearly opposing sides.
good news
The Ibex rose 0.55% in a volatile session.
The Ibex started the week at 19,033 points.
Results from major US banks were due to be released.
- Ibex opening level
- 19,033 points
- Brent crude price
- $104 a barrel
- Previous week’s Ibex performance
- Down 0.3%
- Friday’s Ibex performance
- Up 0.55%
- US bank results
- JP Morgan, Goldman Sachs, Citigroup, Wells Fargo, Bank of America and Morgan Stanley expected from Tuesday
Sources
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