The Ibex 35 advances 0.8% and comes within striking distance of 20,000 points, with oil at $94.

On Friday, the Spanish stock exchange closed the week with a 0.76% gain, leaving the Ibex 35 index near the threshold of 20,000 points. This milestone follows a recent dip below that level after nine consecutive sessions above it. Market analysts noted that the trading day proceeded without major developments regarding impending United States economic sanctions and measures against Iran.

Additionally, the session was supported by a relatively stable, yet elevated, global crude oil price hovering around 94 dollars. Concurrently, European markets experienced broader positive momentum, as demonstrated by the London Stock Exchange, which rose 0.64% driven by mining stocks and a reported decrease in British public debt relative to the gross domestic product.