Overview

• The Ibex 35 closed at 13,355.3 points on April 25, marking a 1.33% daily increase and a 3.39% rise for the week.
• Mapfre announced a 27.6% year-on-year increase in Q1 net profits to €276 million, leading to a 6% surge in its stock price.
• Indra has engaged KPMG to explore a potential merger with Escribano Mechanical and Engineering, signaling possible consolidation in the sector.
• Spain's Economy Minister Carlos Cuerpo expressed optimism about EU-U.S. tariff negotiations, contrasting with China's denial of ongoing talks with the U.S.
• Global markets showed mixed performance, with European indices rising and Wall Street facing pressure from weak consumer confidence and inflation concerns.