MADRID, 23 Jun. (EUROPA PRESS) –

The Ibex 35 stood at 9,304.3 points towards the mid-session, which represents a fall of 0.64% compared to Thursday’s close and data similar to that which the selective had registered during the opening of the session.

This Friday it became known that the Spanish economy recovered the pre-pandemic level in the first quarter of the year after growing 0.6% between January and March compared to the previous quarter, which is one tenth more than initially expected and also one tenth above the growth registered in the previous quarter.

However, the turnover of companies fell by 4.7% last April compared to the same month in 2022, thus entering negative after 25 consecutive months of year-on-year increases.

On the other hand, the growth of the activity of companies in the euro zone has continued to deteriorate in the month of June, according to the preliminary reading of the Purchasing Managers Composite Index (PMI), which has fallen to 50.3 points since the 52.8 of the previous month, which is the worst result in five months and brings the region closer to stagnation.

In this context, Rovi was the value that advanced the most in the half session (1.36%), ahead of Redeia (1.03%), Cellnex (0.84%), Telefónica (0.66%), Iberdrola (0.64%) and Enagás (0.56%).

On the opposite side were Banco Sabadell (-2.59%), Banco Santander (-2.57%), Grifols (-2.43%), Unicaja Banco (-2.05%), Solaria (-1, 93%) and Acciona Renewable Energy (-1.80%).

The fall of the Ibex was common to the rest of the European parks. Frankfurt fell 0.60%; Paris, 0.20%; Milan, 0.53%; and London, 0.22%.

Regarding raw materials, the Brent barrel fell 0.89%, to 73.47 dollars, while the West Texas Intermediate (WTI) stood at 68.75 dollars, 1.09% less.

In the debt market, the yield on the Spanish bond with a maturity of 10 years stood at 3.330%, from 3.449% observed at the close of Thursday. Thus, the risk premium against German bonds stood at 95.4 basis points, one tenth less.

In the foreign exchange market, the euro depreciated 0.82% against the dollar, reaching an exchange rate of 1.0866 ‘green tickets’ for each euro.