Ibex 35 rose almost 1% at opening and continued to 8,900 points with bank effect

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mountain goat 35 this Tuesday started the session with an increase of almost 1%Thanks to the banks that revalued their shares between 2% and 3%, it caused the 8,900 point level of the selective to recover.

Investors will be keeping an eye out for the bank’s progress this Tuesday, after doubts arose over the takeover of Credit Suisse by UBS and the bailout of First Republic Bank, whose shares fell more than 47% again this Monday despite the injection. the amount of liquidity it receives.

Specifically, the US Federal Reserve’s (Fed) meeting from Tuesday to Wednesday saw another quarter-point increase in interest rates, with selective gains of 8,916 points pending the results.

In Europe, the head of the European Central Bank (ECB), Christine Lagarde, confirmed on Monday that the institution is closely monitoring the development of the market following Swiss authorities’ charitable intervention in Credit Suisse and reassured the central bank. related to eurozone ready to respond “when needed”.

To be exact, European stock markets started with notable gains this Tuesday. Frankfurt rose 1.1%, while Paris and Milan rose 1% and London 0.5%.

Within Ibex 35, the bank was selective in the early part of the session. Thus, the largest increases were recorded by CaixaBank (+2.9%), Santander (+2.85%), Sabadell (+2.84%), Bankinter (+2.72%) and BBVA (+2.63%). .

At the other extreme, with the biggest drops, Meliá is located (-1.29%), enagas (-0.52%), trigger (-0.34%) and improvisation (-0.20%).

At the opening of the stock market, the barrel price of Brent quality oil, which is the reference of the Old Continent, decreased by 1 percent to $ 73.01, while Texas was traded at $ 67.05 with a decrease of 1 percent.

in the forex marketThe value of the euro against the dollar was determined as 1.0718 ‘green bill’.In the debt market, the yield of the Spanish 10-year bond rose to 3.197 percent.

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