MADRID, 21 Ago. (EUROPA PRESS) –
The Ibex 35 was trading in the mid-session on Monday with a revaluation of 1.01%, which led it to settle at 9,300 integers, a level that it lost last week.
The Madrid selective began the day looking again at China, with its main stock markets in negative, after the country’s central bank announced a cut in the preferential interest rate for one-year loans, which are granted mainly to families and companies, from 3.55% to 3.45%.
On the other hand, the institution has left intact, at 4.2%, the preferential interest rate for five-year loans, which is the one used for most mortgage loans, despite the fact that analysts expected a reduction close to 15 basis points.
In a day that will hardly have any weight references, investors are therefore still watching the Asian giant, whose doubts about its economic evolution already made a dent in the markets last week.
The markets have an important appointment this week for the future of monetary policy: the Jackson Hole central bankers’ summit, which will start on Thursday and whose main course will be served on Friday, with interventions by the president of the European Central Bank (ECB). ), Christine Lagarde, and the president of the United States Federal Reserve, Jerome Powell.
In this context, the Ibex stood at 9,361.3 integers, with most of its values in ‘green’, although the rises of Grifols (2.11%), Solaria (1.69%), Repsol ( 1.66%), Santander (1.38%), Inditex (1.35%) and BBVA (1.30%).
Only Fluidra (-0.57%), Colonial (-0.57%), Merlin (-0.19%), Acciona Energía (-0.08%), Indra (-0.08%) were negative. and Acerinox (-0.07%).
The rest of the main European indices also registered increases in the mid-session: 1.59% in the case of Milan; 1.19% in Paris; 0.80% in Frankfurt; and 0.68% in London.
On the other hand, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose 0.66%, to 85.36 dollars, while Texas stood at 81.85 dollars, 0.74 % further.
In the currency market, the price of the euro against the dollar rose to 1.0900 ‘green bills’, while in the debt market the interest required on the 10-year Spanish bond stood at 3.692%, with the risk premium at 104 basis points.
