MADRID, 13 Dic. (EUROPA PRESS) –
The Ibex 35 hardly registered any changes towards the mid-session this Wednesday, falling 0.02%, and standing at 10,116 points, on a day in which the interest rate decision of the United States Federal Reserve will be known ( Fed) and in which investors are attentive to the evolution of Inditex after presenting its accounts.
Tomorrow the monetary policy decisions of the European Central Bank (ECB), the Bank of England, the Swiss National Bank and the Bank of Norway will also be known. With influence on banking values, the meetings of the central banks of Mexico and Brazil will also take place this week.
In the business field, Inditex reported this morning that it registered a net profit of 4,102 million euros during the first nine months of its 2023-2024 fiscal year (between February 1 and October 31), which represents an increase 32.5% compared to a year before.
The reaction from analysts has been mixed. Jefferies has raised the target price from 40 to 44 euros, while Alantra has maintained it but recommended selling. Other analysis houses such as Morgan Stanley, Barclays or Citi have decided to maintain both their target prices and their recommendations.
Outside Spain, it was learned this Wednesday that the Gross Domestic Product (GDP) of the United Kingdom suffered a contraction of 0.3% in the month of October, compared to the 0.2% growth observed in September and the expectation of stagnation of the analyst consensus.
For its part, industrial production in the euro zone recorded a decline of 0.7% last October compared to the previous month, when it had fallen by 1%, while compared to the same month in 2022 it decreased by 6. 6%.
In this context, Solaria was the value that advanced the most until 12:00 p.m. (2.38%), while ACS advanced 1.74%; Acciona, 1.12%; Inditex, 1.07%; Rovi, 1.05%; Acciona Energía, 0.99%; and Aena, 0.93%.
On the opposite side, Telefónica lost 3.05%; Repsol, 1.78%; Meliá, 1.60%; Santander, 0.98%; IAG, 0.76%; and Endesa, 0.59%.
The evolution of the rest of the main stock indices was positive, with London advancing by 0.28%, Paris advancing by 0.22%, Frankfurt rising by 0.05% and Milan increasing by 0.15%.
In the raw materials market, a barrel of Brent stood at $73.37 in the mid-session, up 0.18%, while West Texas Intermediate (WTI) reached $68.76, up 0.122%. .
In the debt market, the yield on the Spanish bond with a 10-year maturity stood at 3.198%, compared to the 3.241% observed at the close of Tuesday. In this way, the risk premium against German debt contracted by eight tenths, to 100.7 basis points.
In the foreign exchange market, the euro depreciated 0.16% against the dollar, reaching 1.0777 ‘greenbacks’ for each unit of the community currency.
