Ibex 35 started this Friday’s session, the last of the week, with a decline of 0.28%, which caused the selector to lose its psychological level. 9,400 pointsIt reached the full number of 9,379 on a day once again marked by the presentation of business results and the conflict between Irsael and Hamas.
Investors will also pay attention to the intervention of European Central Bank (ECB) President Christine Lagarde and the meeting of Ecofin, the group of Economy and Finance Ministers of European Union (EU) Member States.
In the macroeconomic area, the UK’s industrial production and Gross Domestic Product (GDP) will be published today, as well as Italy’s industrial production. US consumer confidence to be announced from the University of Michigan.
The biggest gains in the Ibex 35 in the early stages of this session were recorded by Rovi (+0.37%), Cellnex (+0.23%), Repsol (+0.22%) and Amadeus (+0.13%). On the opposite side, the ‘red lanterns’ were Colonial (-1.86%), Acerinox (-1.35%) and ArcelorMittal (-1.12%).
The main European stock exchanges opened this Friday with a negative sign: 0.72% for London, 0.56% for Paris, 0.39% for Milan and 0.37% for Frankfurt.
At the stock market opening, the barrel price of Brent quality oil, which is a reference to the Old Continent, increased by 0.32 percent to $80.27, while in Texas it increased by 0.22 percent to $75.91. In addition to the escalating tensions in the Middle East following the open war between Hamas and Israel, pressures related to the conflict in Ukraine and the disruption of oil supplies were also affected by the situation in Iran. Russia and Saudi Arabia.
While the price of the euro against the dollar in the foreign exchange market was at the level of 1.0669 dollars, Spain’s risk premium was around 105.3 basis points and the interest on the 10-year bond was at 3.729%.