Ibex 35 started this Tuesday’s session with a gain of 0.29%, which took the index to an integer of 9,462.36. With the interest of investors after the publication of CPI in Spain This issue was brought to the agenda at the meeting of the European Central Bank (ECB) Governing Council to be held next Thursday.
After nine consecutive rate hikes, is the European monetary authority debating whether to halt or continue the rate hike? With the monetary tightening strategyIn this case, it may be around a quarter point.
Public Treasury in Spain, 1,500 million and 2,500 The third auction, consisting of 3- and 9-month bonds, will be held in September.
Before the market opened, it was known that the Spanish Consumer Price Index (CPI) increased by 0.5% in August compared to the previous month, and that its interannual rate increased by three tenths to 2.6%, mainly due to recent developments. Increase in prices of fuel oil and lubricants and fuel for personal vehicles. Food prices reduced growth by three tenths to 10.5%.
The unemployment rate in the UK was also announced before the European stock markets started. 4.3% in the May-July period, half a point higher than in the previous quarter.
The biggest gains on the Ibex 35 in the early stages of Tuesday’s session were Inditex (+0.98%), Banco Sabadell (+0.62%), Meliá Hotels (+0.5%), Amadeus (+0.46%) and Registered by CaixaBank. (+0.42%).
On the other hand, Repsol (-1.03%) and Acciona (-0.25%) recorded the biggest declines.
european bag They also opened higher After the positive close of Wall Street, especially Nasdaq, which gained 1.14% yesterday, Tesla appeared to be in the leading role. Specifically, London rose 0.29%; Milan, 0.27%; Paris 0.25% and Frankfurt 0.13%.
Tesla shares rose just over 10% yesterday to $273.58 per share after a Morgan Stanley analyst noted that the market value of Elon Musk’s company could increase by more than $500,000 million thanks to the potential of the company’s Dojo supercomputer. It trains Artificial Intelligence (AI) models for autonomous driving of vehicles.
The barrel price of Brent quality oil, which is the reference for the Old Continent, at the opening of the stock market, It rose 0.19% to $90.81. Texas remained at $87.56 with an increase of 0.31%.
While the price of the euro against the dollar in the foreign exchange market increased to 1.0734 ‘dollar’, in the debt market the interest of the 10-year Spanish bond rose to 3.688%.