🇪🇸 THE IBEX 35 DROPS BELOW 19,400 POINTS: Dragged down by the tech and defense sectors 📉🐻
The selective index of the Madrid Stock Exchange, the Ibex 35, closed down 0.45%, landing at exactly 19,389.50 points.
The Spanish market was hit by fears of a global tech sector crash (waiting on Micron's results) and the European defense sector.
The biggest losers of the session were Indra (-4.27%), impacted by the cancellation of a major naval project in Germany, and Acerinox (-3.7%).
In contrast, the positive side was led by gains in Aena (+2.79%) and IAG (+2.73%). Meanwhile, in traditional markets, the euro and Brent crude continued to lose ground.
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