The Spanish stock market index Ibex 35 opened Tuesday's session in negative territory, with a 0.22% drop, settling at 19,977.9 points. With this decline, the Madrid select index lost the 20,000-point barrier for the first time in the session.
The tension in the Middle East appears as the factor that is negatively influencing the Spanish stock markets, contributing to this bearish start to the session.
The select index had already closed on Monday with a 0.1% decline, at 20,020 points, which demonstrates a downward trend accumulated in recent days.
Thus, Tuesday's opening represents a continuation of the negative trend seen in the previous session, with investors reacting to geopolitical uncertainty in the Middle East region.
