Ibex 35 reaffirms itself above 8,400 after rising 0.25% at launch

The Spanish stock market opened lower this Tuesday. 0.25% increase, According to the market data Efe consulted, it continues above 8,400 points.

After that ten consecutive sessions, Ibex 35, the main indicator of the Spanish stock market, rose 21.2 points to 8,448.2 integers, something that has not happened since September 2018, while accumulated losses during the year fell to 3.05%.

this big values they posted different openings: Repsol rose 0.65%; Phone, 0.47%; BBVA, 0.25%; Iberdrola lost 0.23% and Santander 0.13% and Inditex 0.2%.

As this is marked by the resolution of Monday’s session, People’s Bank of China (PCB) Unexpectedly cutting the country’s two main references for loans to banking institutions, investors will be aware of certain macroeconomic references today, such as unemployment in the United Kingdom, the eurozone’s trade balance and the auction of Spanish Treasury bills, as well as certain macroeconomic references. Business results, including those of Walmart and Home Depot.

looking forward to meet you tomorrow Minutes of the last meeting of the US Federal Reserve (Fed), Key European markets also woke up positively, with gains of 0.3% in London, 0.2% in Frankfurt and 0.1% in Paris.

Under Ibex 35, biggest hikes ArcelorMittal (+1.1%), PharmaMar (+0.96), Rovi (+0.78) and Acerinox (+0.68) scored them on the first sticks of the session. In contrast, among a few falls At the opening, Amadeus, Naturgy and Inditex stood out with returns of just over 0.1%.

at the opening european markets, The barrel price of Brent quality oil, which is the benchmark for the Old Continent, fell 0.9% to $94.22, while Texas price fell 0.6% to $88.84 a barrel.

Inside foreign exchange marketThe euro remained around 1.0155 ‘dollars’, while the risk premium in the debt market was around 110 basis points and the yield on the Spanish 10-year bond was 2.006%.

Source: Informacion

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