MADRID, 10 Ene. (EUROPA PRESS) –
The Ibex 35, the main indicator of the Spanish market, concluded this Wednesday’s trading practically at yesterday’s closing levels, registering a slight increase of 0.07%, reaching 10,067.1 points, motivated by the rebound of 11.99% of Grifols after leaving 25% the day before.
The Spanish selective started with a volatile trend that led it at various times in the morning to jeopardize the symbolic level of 10,000 points, however, starting at noon it leaned towards an upward trend that allowed it to erase the declines until reaching at yesterday’s closing levels.
Grifols has once again been the protagonist of the session after having announced that it will take legal action against Gotham City Research “for the significant damage caused, both financial and reputational” to the company. Likewise, he has called for tomorrow, Thursday, January 11, a conference call with investors with the aim of refuting the bearish investor’s accusations.
The bearish fund published a report this past Tuesday in which it accused the pharmaceutical company of manipulating its debt ratios and gross operating profit (Ebitda) to artificially reduce leverage, for which it warned that its shares would be “non-investable.” . After the publication of the report, Grifols shares lost 42% in this Tuesday’s session, finally ending with a decline of 25.91%.
Given this situation, the pharmaceutical company has led the advances of the index at the close of the session with a revaluation of 11.99%. Behind them were Merlín (1.62%), Amadeus (1.44%), Indra (1.35%), Ferrovial (1.27%), Acciona Energía (1.26%) and Inditex (1. 19%).
On the other hand, banking and industrial stocks have led the declines, which have been led, in particular, by Banco Sabadell (-3.84%); Unicaja (-1.89%); Acerinox (-1.8%); Bankinter (-1.71%); Caixabank (-1.58%); Repsol (-1.22%) and Banco Santander (-1.09%).
Apart from Grifols, the session has lacked significant macroeconomic references, while the market is already looking ahead to knowing the US December CPI tomorrow, as well as the start this Friday of the results season in that country hand in hand with large financial entities.
For its part, the Spanish Public Treasury has issued this Wednesday 15,000 million euros in a new 10-year syndicated bond maturing on April 30, 2024 for which it has received a record demand, exceeding 130,000 million euros.
The rest of the European indices concluded trading with little movement: Paris fell 0.01% and London 0.42%, while Frankfurt rose 0.01% and Milan 0.14%.
At closing time in Europe, in the raw materials market, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 77.4 dollars, 0.23% less, while the Texas It remained unchanged at $72.24.
In the currency market, the price of the euro increased by 0.3% against the dollar, to 1.0964 ‘greenbacks’, while in the debt market, the interest required on the ten-year bond has closed at 3.169% after adding one and a half basic points, while the risk premium (the differential with the German bond) has stood at 96 points.
