MADRID, 1 Sep. (EUROPA PRESS) –
The Ibex 35 has closed the first day of September with a fall of 0.59%, which has led it to lose the level of the 9,500 integers that it had maintained since Tuesday, although it has managed to revalue 1.18% during the week , finishing at 9,449.6 integers, above the 9,338.9 points in which it ended last week.
Today’s main reference has been the non-agricultural employment report in the US, which shows job creation in August of 187,000, a figure higher than the 157,000 new jobs created in July, although the unemployment rate rose three tenths , up to 3.8%. In this way, the US labor market continues to offer signs of solidity and has chained 32 consecutive months of creating jobs.
In addition, today it was revealed that manufacturing activity in the euro area improved in August, although it remains in recessive territory for the fourteenth consecutive month, according to the PMI index. In Spain, this activity deteriorated for the fifth consecutive month and has fallen to its lowest level so far this year, also according to the PMI index, which has fallen to 46.5 points from 47.8 points for the month former.
In the rest of the euro area, manufacturing data for Germany, France and Italy have revealed some improvement, although they are also in a contraction zone; In addition, Italy’s GDP in the second quarter of this year has shown a fall of 0.4%.
In China, by contrast, it was revealed this morning that manufacturing activity for August, according to the Caixin PMI, returned to positive territory after a greater than expected improvement and marked its highest level in six months, which would encourage a better recovery of the economy of the Asian giant.
Precisely in that country, its central bank has carried out a reverse repurchase or ‘repo’ operation this Friday for which it has injected 101,000 million yuan (about 12,838 million euros) to banking entities to expand their liquidity, at the same time which has announced that it will cut by two points, up to 4%, the rate of compulsory foreign currency reserves for financial institutions, a measure that will be applied from next September 15.
The XTB analyst Adrián Hostaled has indicated that the data that has been released during the week has been of a mixed sign, but “lukewarm”, so they have not managed to remove doubts from investors, resulting in fluctuations in the markets.
Today, Repsol (3.45%), ArcelorMittal (2.26%), Acerinox (0.73%), Cellnex (0.65%), Grifols (0.28%), Mapfre (0, 26%), Telefónica (0.10%) and Meliá (0.08%) have been the values located on the positive side of the table. On the other hand, the rest closed negatively, highlighting Santander (-2.29%), Acciona Energía (-1.82%), Solaria (-1.67%), IAG (-1.53%), Colonial ( -1.52%) and Merlin (-1.51%).
As for the rest of the European indexes, the FTSE 100 in London was the only one to finish in ‘green’, with a revaluation of 0.24%, while the DAX in Frankfurt closed with a fall of 0.67%, the FTSE MIB of Milan, 0.63% and the CAC 40 of Paris, 0.27%.
On the other hand, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose 1.34%, to 88 dollars, while Texas stood at 85.00 dollars, 1.64% more. .
In the currency market, the value of the euro against the dollar fell to 1.0789 ‘green tickets’, while in the debt market the interest required on the 10-year Spanish bond rose to 3.563% and the premium of risk stood at 101 basis points.
