Spain's Ibex 35 climbs past 19,800 amid oil price drop
The Ibex 35 index on the Madrid Stock Exchange rose 1.1% to 19,795.30 points, brushing the 19,800‑point level. The rally came as oil prices fell sharply, with Brent down 6.8% to $90.2 a barrel and U.S. WTI down 6.5% to $83.6, a move attributed to progress in talks between the United States and Iran.
Corporate news on the session included Línea Directa reporting a first‑half net profit of €52.09 million, a 19% increase year‑on‑year. Acciona Energía announced the sale of a 361‑MW wind‑farm portfolio in Spain to Portugal’s Galp for €432 million, a debt‑free transaction. Banco Sabadell launched a share‑repurchase programme worth up to €331 million, intended for later capital reduction. Repsol was the biggest loser early in trading, down 2.9%, while IAG, Grifols and Inditex posted the strongest gains.
Entities: Acciona Energía · Banco Sabadell · Galp Energia · Ibex 35 · Línea Directa
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 4 SOURCES] Banco Sabadell launched a share‑repurchase programme of up to €331 million for later capital reduction. (Sabadell buy‑back announced in all articles)
- [● 4 SOURCES] Ibex 35 advanced 1.1% to 19,795.30 points, brushing the 19,800‑point level. (Ibex 35 rise reported in all articles)
- [● 4 SOURCES] Brent crude fell 6.8% to $90.2 per barrel and U.S. WTI fell 6.5% to $83.6 per barrel. (Oil price decline reported in all articles)
- [● 4 SOURCES] Línea Directa reported net profit of €52.09 million for the first half, up 19% YoY. (Línea Directa profit disclosed in all articles)
- [● 4 SOURCES] Acciona Energía agreed to sell a 361 MW wind‑farm portfolio in Spain to Galp for €432 million, debt‑free. (Acciona deal reported in all articles)
- [● 4 SOURCES] Oil price drop was linked to progress in United States‑Iran negotiations. (Link between oil prices and US‑Iran talks cited in all articles)