Repsol, Iberdrola and Acciona Energía, the winners in a month of falls
Only seven Ibex values are advancing in a bearish month in Europe and marked by the rebound in debt yields.
European stock markets, including Spain's Ibex, have broken their spring and summer upward trend, experiencing one of the few negative months of the year. The Ibex fell 2.74% in September, its worst performance in the month since 2022, due to rising tensions in the Middle East, central bank interest rate hikes, and debt market crisis.
Repsol, Acciona Energía, and Iberdrola showed resilience, with Repsol leading the gains with a 9.83% increase, driven by the surge in oil prices. The Ibex is among the least affected indices in Europe, with only seven companies escaping losses, and global markets also saw declines, with the Dow dropping 4.29% and the Cac 40 falling 4.44%.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.