MADRID, 6 Sep. (EUROPA PRESS) –
The Ibex 35 has started the session this Wednesday with a decrease of 0.4%, which has led the selective to 9,353.3 points, with Telefónica shares rising more than 2.5% and leading the rises in the Madrid parquet
After the market closed, yesterday the entry of Saudi Arabia into the Spanish operator was announced with the purchase of a 9.9% stake through the operator STC for an amount of 2,100 million euros.
Telefónica has stated that it “takes note of the friendly approach” of STC to the group and “of its support for the management team, Telefónica’s strategy and its ability to create value”.
In the macro field, investors will be awaiting this Wednesday the publication of a battery of construction PMIs in Germany, France, Italy, the United Kingdom and the euro area, where retail sales will also be announced.
The composite PMI and trade balance in the United States will also be revealed this Wednesday.
Before the opening of the market, it has been known that factory orders in Germany registered a collapse of 11.7% last July in relation to the previous month, its biggest drop since the start of the Covid pandemic, specifically since April 2020, as reported by the German Federal Statistical Office (Destatis).
In the early stages of the session this Wednesday, the biggest increases within the Ibex 35 were recorded by Telefónica (2.51%), Iberdrola (0.23%) and Aena (0.07%).
In contrast, the greatest decreases were recorded by Banco Santander (-1.58%), Fluidra (-1.13%), IAG (-1.07%), Banco Sabadell (-0.99%) and Bankinter (- 0.85%).
The main European stock markets also opened this Wednesday with a negative sign: 0.63% for Paris, 0.59% for London, 0.42% for Frankfurt and 0.41% for Milan.
At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, woke up with a drop of 0.32%, to $89.75, while Texas stood at $86.45. dollars, 0.28% less.
In the foreign exchange market, the value of the euro against the dollar fell to 1.0728 ‘green tickets’, while in the debt market the interest demanded on the 10-year Spanish bond climbed to 3.675%.