MADRID, 3 Abr. (EUROPA PRESS) –
The Ibex 35 has closed the session with a fall of 0.81%, which has led it to be below 9,200 integers, after learning that the Organization of Petroleum Exporting Countries (OPEC) and its allies, led by Russia and jointly known as OPEC, will make an additional voluntary production adjustment of 1.66 million barrels per day, following cuts announced by Saudi Arabia and Russia.
In this way, the price of a barrel of Brent, a reference for Europe, was around 84.68 dollars, 6.00% more than yesterday’s close. The barrel of West Texas Intermediate (WTI), a reference for the US, climbed to 80.34 dollars, representing an increase of 6.17%.
As a macroeconomic reference, the publication of the manufacturing PMI stands out, which in Spain grew at its highest level since June 2022 in March, while in the euro area it marked its minimum in the last four months. In the US, this index contained its fall and rose for the third consecutive month and in China it reflects a stagnation in business activity.
In this context, the Madrid selective has closed at 9,157.4 integers, with Repsol as the most bullish value in the heat of the rise in crude oil, after revaluing 1.69%. It was followed by Unicaja Banco (1.21%), Bankinter (0.88%), CaixaBank (0.67%), Telefónica (0.60%) and Banco Santander (0.35%).
On the other hand, Fluidra has ended up recording losses of 5.62%, followed by BBVA (-4.49%), whose shares were trading today without the right to receive the cash dividend that will be paid to its shareholders this Wednesday. Behind were ArcelorMittal (-3.87%), IAG (-2.24%), Solaria (-2.11%) and Inditex (-1.65%).
Regarding the rest of the European markets, the German DAX has closed with a decrease of 0.31%, while the British FTSE 100 has appreciated 0.54%, the French CAC 40, 0.32% and the FTSE MIB Italian, 0.24%.
The yield of the Spanish bond with a maturity of 10 years in the secondary debt markets has been located at 3.262%, compared to 3.304% on Friday. Thus, the risk premium has remained practically stable, slightly above 101 basis points.
In the foreign exchange market, the euro has appreciated by 0.47% against the dollar, reaching 1.0890 dollars per euro, thus recovering the level of 1.08 dollars that it had lost in the early hours of Monday.