Editor’s Note
This article details a challenging start for the Spanish stock market, driven by sector-specific pressures and key corporate results.
The Spanish stock market opened lower this Friday, falling 0.45% amid doubts surrounding the technology sector and volatility in precious metals and bitcoin. The domestic market’s focus was on Banco Sabadell, which fell more than 4% after reporting its results.
At the start of the session, the IBEX 35, Spain’s main stock index, dropped below the 17,700-point level. It was trading at 17,667.1 points after the 0.45% decline. Year-to-date gains were reduced to 2.11%.
At the opening, Banco Sabadell shares fell 4.87% after the bank announced to the market a net profit of 1.775 billion euros for 2025, a 2.8% decrease compared to the previous year.