With a slightly upward opening, the Spanish stock index IBEX 35 remained at the 11,500 points it had reached in previous sessions and accumulated a rise of around 14.30% for the year as a whole. Among the large stocks in the index that have risen the most in annual terms, IAG stands out in first place and Sabadell in second place.
In contrast to the IBEX 35, the main European indexes showed generalized falls in a session that will be half-hearted, with little macroeconomic data and reduced trading volumes due to the New Year's holiday.
Looking ahead to the last day of the year, investors are not expected to modify their positions excessively, in a context of uncertainty due to lower rate cuts in the United States and the policies of the incoming government of Donald Trump, who will take office on January 20.
Against this backdrop, at 08:24 GMT on Tuesday, the IBEX 35 was up 17.50 points, or 0.15%, to 11,554.30 points, while the FTSE Eurofirst 300 index of large European stocks advanced 0.02%. In the banking sector, Santander was up 0.41%, BBVA was up 0.36%, Caixabank was down 0.04%, Sabadell gained 0.32%, Bankinter was down 0.18%, and Unicaja Banco was up 0.16%.
Among the large non-financial stocks, Telefónica fell 0.15%, Inditex gave up 0.04%, Iberdrola gained 0.34%, Cellnex gained 0.07%, and the oil company Repsol rose 0.35%.
(Information by Mireia Merino; edition by Jorge Ollero Castela)