Ibex 35 opened the session this Friday, up 0.5%leading the electors to reconquer 8,200 point levelon a day that started with gains for the main European stock markets as oil rose and the euro fell.
Especially the Madrid index opened the session this Friday at 8,229 points. after closing this thursday with 8,187 integers.
All eyes will be on Federal Reserve Chairman Jerome Powell this Friday. Central bankers to speak at summit From Jackson Hole.
Can give clues about Powell future decisions Interest rates to curb rising inflation. It is being discussed whether the next rate hike will be 50 basis points or 75 basis points.
While waiting for Powell, investors will also be aware of the euro’s development against the dollar this Friday. The dollar is currently trading below the pair, despite surpassing it at some points during the day on Thursday.
The Old Continent’s main markets also woke up this Friday positive: Frankfurt and London rose 0.5%, while Paris rose 0.2%.
Within the Ibex 35, the main increases in the early phases of the session were recorded by ArcelorMittal (+1.3%), Santander (+0.7%), Iberdrola (+0.6%) and Sabadell and BBVA, all rising just over 0.4%. Among the declines were Grifols (-0.5%) and Red Eléctrica (-0.2%).
At the opening of European markets, price of a barrel of quality Brent oilReference for the Old Continent, it was still over $100, $100.61, 1.3% more. Texas was trading at $93.75 after revaluing 1.3%.
In the foreign exchange market, It was trading at 0.9955 ‘dollar’ while the euro was trading below par with the dollarIn the debt market, the yield of the Spanish 10-year bond exceeded 2,49%.