MADRID, 11 Ago. (EUROPA PRESS) –
The Ibex 35 lost 0.39% in the mid-session compared to Thursday’s close, so the selective was trading at 9,465.6 points, avoiding a further decline as most of the banks were trading in positive territory.
Investors continued to react in this way to the United States inflation data published this Thursday, as well as to the Spanish data, which was published this Friday. Specifically, the consumer price index (CPI) increased by 0.2% in July in relation to the previous month and raised its interannual rate by four tenths, up to 2.3%, mainly due to the rise in prices of fuels and also to the rise in food prices, which climbed five tenths to 10.8%.
In this context, most of the banks led the rises towards the middle of the session. In first position was Unicaja Banco (0.59%), ahead of ACS (0.38%), Banco Sabadell (0.37%), BBVA (0.33%), CaixaBank (0.31%), Indra (0.30%) and Bankinter (0.30%). Only Banco Santander was trading negative among Spanish banks, falling 0.86%.
The stock with the worst performance in the half session was Merlin (-1.95%), ahead of Repsol (-1.63%), Fluidra (-1.47%), Aena (-1.22%), Ferrovial (-1.19%) and ArcelorMittal (-1.13%).
The rest of the main European stock indices were also trading in ‘red’ towards the mid-session. The German DAX fell 0.49%; the French CAC 40, 0.86%; the Italian FTSE MIB, 0.61%; and the British FTSE 100, 1.10%.
In the raw materials market, around 12:00 noon, a barrel of Brent was trading at 86.49 dollars, 0.12% more, while the West Texas Intermediate (WTI) advanced 0.10%, up to 82 .91 dollars.
In the debt market, the yield of the Spanish bond with a maturity of 10 years reached 3.601% again, from 3.543% at which it closed on Thursday. In this way, the risk premium (the comparison with the German counterpart bonds) stood at 101.3 basis points, two tenths less than at the previous closing.
In the foreign exchange market, towards the mid European stock market session, the euro appreciated 0.06% against the dollar, until reaching an exchange rate in the markets of 1.0988 ‘green tickets’ for each unit of the currency community.