The Ibex 35 just kicked off this Monday’s session. increase (+0.03%)however, just a minute later, it increased its gains to 0.2% and put the selector to 9,286 points, compared to the 9,267 integers it closed last Friday.
At 9:18 am, the Madrid parquet had already gained more momentum and reconquered 9,300 points with a revaluation of 0.4%.up to 9,304 integers.
After the country’s Banco Popular announced that it had cut its preferential interest rate from 3.55% to 3.45% for one-year loans, mainly to families and companies, selectors started the day by looking back at China, whose main stock market is negative. %.
Instead, the institution remained intact. 4.2%, preferential interest rate for loans The five years used for most mortgage loans, although analysts expect a drop close to 15 basis points.
That’s why investors continue to watch the Asian giant, whose doubts about its economic development have already left their mark on the markets last week, on a day when there will be almost no weight references.
Markets have an important appointment for the future of monetary policy this week: the Jackson Hole central banks summit, which kicks off on Thursday with the intervention of the European Central Bank (ECB) chief and will serve the main course on Friday. ), Christine Lagarde, and Federal Reserve Chairman Jerome Powell.
Europe’s main stock markets woke up with slight gains this Monday, expecting what this summit will bring. Paris and London rose 0.1% at the opening, Milan rose 0.4% and Frankfurt started the day mostly flat.
In the early stages of the session at 09:10 this Monday, the biggest increases Percentage of Ibex 35 recorded by Grifols (+1.56%)Meliá (+1.48%), Solaria (+0.79%), Sacyr (+0.74%) and Unicaja Banco (+0.60%).
At the other extreme, the steepest declines were for Colonial and Fluidra (-0.57% in both cases) and Merlin, whose shares fell 0.54%.
At the opening of the stock market, the price of Brent quality oil, which is the reference of the Old Continent, increased by 0.7 percent to $ 85.38, while Texas was traded at $ 81.22 with an increase of about 0.7 percent.
In the Forex market, The value of the euro against the dollar remained around 1.0877. In the ‘green ticket’ debt market, the interest demanded on the 10-year Spanish bond eased to 3.678 percent.