MADRID, 12 Dic. (EUROPA PRESS) –
The Ibex closed this Tuesday with a fall of 0.78%, reaching 10,118.7 points, after learning that US inflation in November has moderated to 3.1% and the underlying inflation has remained at 4 % -both data in line with what the market expected-, while investors’ attention now shifts to the central bank meetings.
The Spanish selective has started trading this Tuesday with a downward trend that has not stopped until after midday slightly above 10,100 points, levels at which it has remained until closing, so it has accumulated two days of falls, a streak that, after the ‘bullish rally’ of the last month, had not been seen since the beginning of November.
The carousel of reference events for the markets, after this Tuesday’s start with the US CPI, will take place tomorrow with the meeting of the United States Federal Reserve (Fed), while on Thursday the Central Bank conclaves will be held European Union (ECB) and the Bank of England.
This same Thursday, although with less relevance for the main stock markets, the Swiss National Bank and the Bank of Norway will also meet. This week the meetings of the central banks of Mexico and Brazil will also take place, with influence on the banking values of Spanish selective (due to the exposure and business they have in those countries).
For its part, the Spanish Public Treasury has placed 1,741.97 million euros this Tuesday in the last auction of the year, of 3 and 9 month bills, and has done so by raising the profitability to 3 months and cutting the remuneration offered to the investors for the 9-month reference, according to the results published by the Bank of Spain.
Outside Spain, the unemployment rate in the United Kingdom remained unchanged in the month of October at 4.2%, while the ZEW index of German investor confidence has registered a slight increase of three points, to 12 .8 integers.
In this context, Indra (1.73%) has posted the best result of the session, followed by IAG (1.54%), ACS (1.39%) and Mélia Hotels (0.8%). ArcelorMittal, which rose more than 1% after an improvement in the JPMorgan buy recommendation, finally settled for an increase of 0.13%.
On the opposite side, Telefónica has been the most bearish value (-5.4%) at the close affected by the ‘ex-dividend’ effect (without this effect it has closed with a decrease of 1.73%). Merlín (-2.78%), Solaria (-2.73%), Acciona Energía (-2.68%), Fluidra (-2.56%), Unicaja (-2.44%) and Repsol (-2 .28%) have also closed negative.
The rest of the European stock markets have also seen closures, although slight compared to Madrid: Frankfurt has subtracted 0.02%; London 0.03%; Paris 0.11% and Milan 0.28%.
For its part, a barrel of Brent plummeted 3.8%, to $73.15, while West Texas Intermediate (WTI) stood at $68.53, 3.93% less.
In the debt market, the yield of the Spanish bond with a maturity of 10 years has closed at 3.236% after subtracting almost six basis points; Thus, the risk premium against German debt stood at 101.3 points.
In the currency market, the euro appreciated 0.23% against the dollar, reaching 1.079 ‘greenbacks’ for each unit of the community currency.
