MADRID, 19 Oct. (EUROPA PRESS) –
The Ibex 35 turned around and fell 0.5% in the mid-session this Wednesday, which led it to lose the barrier of 7,600 points that it conquered the previous day.
The selective was trading at 7,573.1 points at twelve noon, with Indra (2.39%), IAG (1.87%), Repsol (1.23%), Acerinox (1.02%), Sacyr ( 0.98%) and ACS (0.84%) at the head of the increases.
On the contrary, Fluidra stood out in ‘red’, plummeting 10.65% after estimating a reduction in sales and gross operating profit (Ebitda) in the third quarter of this year in an environment of greater economic uncertainty, which causes weaker demand.
Behind Fluidra, the biggest drops were for PharmaMar (-3.32%), Solaria (-3.19%), Cellnex (-2.56%), Colonial (-2.09%) and Corporación Acciona Energía ( -1.95%).
The market has learned that the interannual inflation rate in the euro area stood at 9.9% last September, which marks a new historical record and represents an acceleration of eight tenths compared to that registered in August, although it remains one tenth below the first estimate of 10% published by Eurostat.
“Despite the revision of one tenth with respect to the preliminary, inflation remains close to the maximum in its series and the risks are biased to the upside. Expectations that the ECB will raise rates at its next meeting (October 27) remain around to 75 basis points”, Bankinter analysts have pointed out after knowing the data.
In the United Kingdom, inflation returned to highs after rising to 10.1% in September and the Bank of England (BoE) has announced that it will carry out the first sale of United Kingdom sovereign bonds (‘gilts’) on the 1st of November, instead of October 31, confirming that it expects to carry out more sales operations in the fourth quarter “of a similar size and frequency as previously announced”.
In the United States, President Joe Biden has announced that the Department of Energy will release this Wednesday 15 million barrels from the country’s Strategic Petroleum Reserve (SPR) with the aim of being delivered in December. The measure seeks to strengthen energy security, address supply shortages and reduce costs.
The rest of the European stock markets presented a disparate behavior, with falls in London (-0.06%) and advances in Paris (0.52%), Frankfurt (0.2%) and Milan (0.21%).
Likewise, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood this Wednesday at a price of 90.69 dollars, with an increase of 0.73%, while Texas stood at 83, $85, up 1.24%.
Finally, the price of the euro against the dollar stood at 0.9819 ‘greenbacks’, while the Spanish risk premium stood at 115 basis points, with the interest required on the ten-year bond at 3.458%.
