MADRID, 4 Oct. (EUROPA PRESS) –
The Ibex 35 closed the session with a decrease of 0.68%, reaching 9,102.9 points, thus saving the level of 9,100 integers despite the fact that a few minutes before the close of stock trading it had traded below that figure.
The selective reacted like this after the yield of the US bond with a maturity of 10 years maintained its climb towards the 5% threshold, at its highest since July 2007, before the outbreak of the great financial crisis, given the prospect that the Reserve Federal will keep interest rates elevated for a longer period given the strength of macroeconomic data.
This Wednesday it was also known that the activity of the private sector in Spain registered a slight improvement during the month of September, which allowed the composite purchasing managers index (PMI) to reach the level of 50.1 points, compared to 48.6 from the previous month and just one tenth above the stagnation threshold, according to data from S
Investors have also been attentive this session to the intervention of the president of the European Central Bank (ECB), Christine Lagarde, who has assured that the institution’s future decisions regarding its monetary policy will guarantee that interest rates are set at levels sufficiently restrictive for as long as necessary.
For his part, the vice president of the organization, Luis de Guindos, has warned that a slower withdrawal of the fiscal aid measures deployed during the recent energy crisis or the maintenance of expansionary positions over the coming years would mean significant difficulties for the ECB. can meet its objectives of fighting inflation and price stability.
In this context, IAG has been the main bullish value of the Ibex 35, with a rise of 4.09%. They have been followed by Iberdrola (1.24%), Enagás (0.98%), Solaria (0.59%), Endesa (0.54%) and Acciona Energías Renovables (0.53%).
On the other hand, Repsol has dropped 4.06%; Cellnex, 2.91%; Fluidra, 2.45%; Indra, 2.03%; and Inditex, 1.80%.
The evolution in the rest of the major European stock markets has been uneven this day. London closed down 0.77%, Paris finished unchanged, Frankfurt rose 0.10% and Milan contracted 0.17%.
In the raw materials market, a barrel of Brent was trading at $87.39 at the close of the European trading session, 3.89% less, while West Texas Intermediate (WTI) fell 4.11%, to $85.56.
In the debt market, the yield on the Spanish 10-year bond has fallen to 4.016%, from the 4.070% at which it closed on Tuesday. In this way, the risk premium against German debt has fallen half a point this Wednesday, to 109.7 basis points.
In the foreign exchange market, the euro appreciated 0.47% against the dollar, until trading at an exchange rate of 1.0514 ‘greenbacks’ for each euro.
