MADRID, 5 Dic. (EUROPA PRESS) –
The Ibex 35 has maintained its end-of-year ‘rally’ in this Tuesday’s session, climbing another 60 points, reaching 10,238.4 integers, which means remaining in the maximum zone since May 2018.
This Tuesday, Isabel Schnabel, member of the Executive Committee of the European Central Bank (ECB), pointed out that a rise in interest rates at next week’s Council meeting seems “quite unlikely.”
In addition, it has been learned that the General Industrial Production Index (IPI) of Spain rose 0.9% year-on-year last October, a rate 4.8 points higher than that of September, as reported this Tuesday by the National Institute of Statistics (INE). With the rebound in October, industrial production returns to positive territory after having had four months of negative year-on-year rates.
For its part, eurozone private sector activity contracted in November for the sixth consecutive month, although at a less intense pace than in previous months, which led companies to destroy jobs for the first time since January 2021, according to The Composite Purchasing Managers’ Index (PMI) prepared by S
The four largest economies in the euro zone recorded contractions in business activity in November, while in Spain (49.8 points) total activity in the private sector contracted for the first time since last August.
On the other hand, the Spanish Public Treasury has placed 3,977.3 million euros in 6 and 12 month bills this Tuesday, in the expected mid-range, and has done so by cutting the profitability offered to investors in both references, according to the data published by the Bank of Spain.
In this context, Merlin has been the main bullish value (3.46%), ahead of Colonial (1.94%), Banco Santander (1.87%), Ferrovial (1.45%), Cellnex (1. 42%), Solaria (1.38%) and Acerinox (1.29%).
Among the values that have fallen the most this Tuesday, Bankinter has led the table (-1.93%), ahead of Acciona Energía (-1.65%), IAG (-1.17%), Banco Sabadell (-0 .74%), Fluidra (-0.60%) and Unicaja (-0.49%).
In the rest of the European stock markets, the evolution has been positive this Tuesday except for London (-0.31%). Paris has risen 0.74%; Frankfurt, 0.78%; and Milan, 0.56%.
At the close of the European trading session, a barrel of Brent was trading at $78.41, up 0.46%, while West Texas Intermediate (WTI) was at $73.61, up 0.77%.
In the debt market, the yield on the Spanish bond maturing in 10 years has stood at 3.254%, from 3.367% on Monday. In this way, the risk premium against German debt has fallen by six tenths, to 100.7 basis points.
In the foreign exchange market, the euro depreciated 0.45% against the dollar, until trading at an exchange rate of 1.0787 ‘greenbacks’ for each euro.
