The Ibex-35 could close its fifth consecutive session higher on Friday, completing its best week since March, and could reach the 9,300-point mark, in view of the market's relief at the possible end of the interest rate tightening cycle in the United States.

On Friday there will be another opportunity to gauge whether this market perception - which has also led to a welcome easing of fixed-income yields - is correct, as the monthly US job creation report is published.

Analysts are forecasting a slowdown in US job growth in October (with 180,000 jobs created), partly due to strikes in the auto sector, which could give the Federal Reserve further grounds for ending interest rate hikes.

In this context, investors seemed to ignore the fall in Apple shares following results and forecasts that showed some weakness in demand, as well as the slowdown in an indicator of industrial activity in China.

Also on the macroeconomic front, the US ISM services sector index for October will be released, for which analysts expect a level of 53.0, down from 53.6 in September.

At 0803 GMT on Friday, Spain's selective Ibex-35 stock market index was up 26.40 points, or 0.29%, to 9,286.80 points, the highest level since mid-October, while the FTSE Eurofirst 300 index of large European stocks was up 0.20%.

For the week as a whole, the Ibex-35 shows a rise of 4.04%, the biggest increase since 5% in the last week of March.

In the banking sector, Santander was up 0.45%, BBVA gained 0.45%, Caixabank advanced 0.53%, Sabadell gained 0.46%, Bankinter gained 0.80%, and Unicaja Banco rose 0.20%.

Among the large non-financial stocks, Telefónica gained 0.52%, Inditex dropped 0.27%, Iberdrola lost 0.14%, Cellnex gained 0.61%, and the oil company Repsol rose 0.68%.

Among the stocks that published results, Acerinox fell 1.8% after announcing a 40% decline in the third quarter and a forecast of a lower ebitda in the last quarter of the year.

(Report by Tomás Cobos; edited by Benjamín Mejías Valencia)