Ibex 35 clings to 7,500 despite trailing 0.44% after the Italian election

No time to read?
Get a summary

The Ibex 35 started its session this Monday with a drop of 0.44%, which placed the selector in first place. 7,549.93 integer At 9:01 am on a day marked by the victory of Giorgia Meloni, the leader of the far-right Brothers of Italy (FDI) party in the elections in Italy.

Regardless of the political turn in Italy, investors will be watching preliminary PMI releases this week alongside some major economies. Speeches by members of the Federal Reserve and the European Central Bank.

In this way, it left its mark on the decisions taken after the 5.02% collapse last week. central banks The Madrid selector, which has tightened its monetary policy amid inflation and growing fears of economic recession, started the session with most of the Repsol-led (-2 0.09%) values ​​in the red, holding on to the psychological level of 7,500 points. , Sabadell (-1.01%), ArcelorMittal (-0.94%), Sacyr (-0.67%) and Inditex (-0.48%).

The rest of the European stock markets It also opened lower, down 0.43% for Frankfurt and 0.1% for Paris, while London rose 0.16%.

Latter, price of a barrel of oil Brent quality, a benchmark for the Old Continent, was down 1% to $84, while Texas fell 0.9% to $78.

Finally, price of euro against dollar At ‘$0.9682’, the Spanish risk premium stood at 111 basis points and the required yield on the ten-year bond stood at 3.260%.

No time to read?
Get a summary
Previous Article

Man dies in Murcia surprised by water tap at home

Next Article

Companies reduced the increase in their turnover to 23.7% in July