The Ibex holds the 9,500 thanks to Telefónica, Repsol and the electric companies

CIE Automotive (+ 1.2%) was the most bullish value of the Ibex, followed by Mapfre (+ 1.2%), Naturgy (+ 1.1%), Acerinox (+ 1%) and Telefónica (+0, 9%). The telecommunications operator has reaffirmed its commitment to audiovisual content from London, where it has met with investors and analysts.

For its part, BBVA has risen 0.3% after the relief of knowing Francisco González by Carlos Torres will be at the head of the entity. In a report published on Wednesday, the experts of Goldman Sachs already anticipated that the appointment of Andrea Orcel as CEO of Santander (-0.3%) could also accelerate changes in the BBVA dome.

Now the key of the matter is who will be elected as CEO of BBVA, whose appointment is expected once the new president takes office (as of January 1, 2019). The names that sound are those of Tejada, Asúa, Forcano, Azcúnaga and Parias.

On the downside of the day, the main protagonist has been OHL. The construction company has plummeted 22% after presenting a loss of 843 million euros in the first half. In the Ibex, Técnicas Reunidas decreased by 1.8%, followed by Sabadell (-1.5%), Bankinter (-1.2%) and Enagás (-1%).

In Spain, the main news once again affects a minister of the Government of Pedro Sánchez. Pedro Duque has had to give explanations for having created an instrumental society to buy a villa on the beach. The Minister of Science and Technology has defended that "there was no tax savings" and has said that he does not intend to resign.

ITALY AND FEDERAL RESERVE

Investors also look towards Italy. The Ftse MIB, the main stock index of the country, falls this Thursday (-0.6%) in the middle of doubts regarding the Budgets for 2019. It is speculated that these finally move away from the premises of the European Union (EU) and even with that they may finally be delayed.

The stock exchanges have also quoted the rate hike of the Fed (left the door open for another hike in December) and Donald Trump accusing China of trying to interfere in the November elections moving away even more of the NAFTA agreement).

Returning to Trump, the president of the United States has also announced from the UN an "ambitious" agreement with the United Kingdom after Brexit. Investors are still very concerned about the United Kingdom as the date by which the exit pact with the EU should close is approaching.

In the currency market, the euro has reduced its value by 0.6% against the dollar, up to $ 1.1671. In the commodity market, Brent oil rose 0.2% to $ 81.50. Finally, the yield of the Spanish 10-year bond is slightly relaxed to 1.52%.