The Ibex loses the 9,900 points influenced by Santander

Banco Santander has dropped 3.25% on the stock market despite announcing an improvement in its net profit of 10% in the first quarter of 2018, to 2,054 million euros. A benefit that has been in line with what was expected by the consensus collected by FactSet. The strong declines in the Cantabrian bank have put pressure on the Ibex, which has fallen by 0.39%, to 9,883.4 points. However, the selective has cushioned the falls thanks to Inditex, which has risen by 1.47%, and other securities such as Repsol (+ 1.27%), IAG (+ 1.67% and Gas Natural Fenosa (+1, 67%).