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The 'Brazil Effect' Punishes Telefónica and Santander in the Bag and Drags Ibex 35

Summary by 20minutos
The companies of the selective with the most exposure to the country are penalized in the expectation that Lula will implement policies focused on public spending

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The companies of the selective with the most exposure to the country are penalized in the expectation that Lula will implement policies focused on public spending

·Madrid, Spain
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Lean Right

Ibex 35 started the session this Monday, with a decrease of 0.92%, which has led to 18,815 points, in a context that continues to be marked by international events, such as the war in Iran and the uncertainty surrounding the supply of crude oil, as well as the result of the Brazilian elections and the publication of business results. Lula da Silva's triumph against Flávio Bolsonaro in Brazil has caused a domino effect and has caused large compan…

·Madrid, Spain
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Right

Lula de Silva’s surprising victory in Brazil’s presidential elections has made the Spanish stock market feel bad in its start. Ibex 35 loses 0.7% and recedes to 18,800 points due to the falls of the companies most exposed to the South American country. Telefónica, Santander and Mapfre lead the red with ... Continue reading "Lula’s victory in Brazil leads red to Ibex 35 due to the falls of Telefónica and Santander"

·Madrid, Spain
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Lean Right

The companies have led the falls after the bell bell of this Monday. The Spanish selective was unmarked from the European green. More information: Geopolitics, oil and bonds put the world's stock markets in check in full wave of results

·Spain
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Lean Right

The Spanish stock market dawns this Monday against Europe, dyed in losses, before the collapse of some of its largest listed companies as is the case of Telefónica,...

·Madrid, Spain
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The actions of Telefónica and Santander collapsed on the Stock Exchange in the first moments of this Monday after the current president of Brazil, Luiz Inácio Lula da Silva, won the second round of the presidential elections held this Sunday and has been re-elected for a new term at the head of the South American country, [...] The entry Telefónica and Santander collapses on the Stock Exchange after Lula da Silva's electoral victory in Brazil ap…

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Terra broke the news on Monday, October 26, 2026.
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