this IBEX 35 started the session with 0.2% gain this Thursdaycausing the selector to be in 7,600 integers At 9:01 am, after the Organization of the Petroleum Exporting Countries and other allied producers (OPEC+) decided to cut production by two million barrels per day.
OPEC and its allies, led by Russia, will have a meeting starting next November. 2 million barrels per day of downward adjustment compared to supply levels reached last August. US President Joe Biden opposed the decision of OPEC+, which he decided to release 10 million from the country’s reserves. Following these decisions, the barrel price of Brent quality oil, which is the reference for the Old Continent, decreased by 0.1 percent to $ 93 this Thursday, while Texas fell by 0.1 percent to $ 87. 0.2%.
Thus, after closing 1.52% on Wednesday, the Madrid selector started the session. Struggling to maintain a psychological level of 7,600 pointsSacyr (+4.69%), IAG (+2.47%), Meliá Hotels (+1.75), Merlin Properties (+1.58), Indra (+1.19) and Inditex (+0.75) ), with increases for ArcelorMittal (-1.06%), Repsol (-0.82%), Bankinter (-0.15%) and Naturgy Energy (-0.06%).
this Rest of European stock markets also opened higher Up 0.8% for Frankfurt and 0.3% for Paris and London.
Finally, the euro stood at 0.9905 ‘dollars’ against the dollar, while the Spanish risk premium was 115 basis points and the required interest on the ten-year bond was 3.251%.