Economy/Stock Market.- The Ibex 35 rises almost 1% at the opening and returns to 8,900 points driven by banks

MADRID, 21 Mar.

Economy/Stock Market.- The Ibex 35 rises almost 1% at the opening and returns to 8,900 points driven by banks

MADRID, 21 Mar. (EUROPA PRESS) -

The Ibex 35 has started the session this Tuesday with a rise of almost 1%, which has led the selective to recover the level of 8,900 points, thanks to the banks, which revalued their shares between 2% and 3 %.

Investors will remain attentive this Tuesday to the evolution of the bank after the doubts that arose around the purchase of Credit Suisse by UBS, as well as the rescue of First Republic Bank, whose shares sank again yesterday by more than 47% despite the injection of liquidity that it has received.

Specifically, the selective dawned at 8,916 points awaiting the results of the meeting held from today until tomorrow by the US Federal Reserve (Fed), in which a new increase in interest rates of a quarter of a quarter could be decided. spot.

In Europe, the president of the European Central Bank (ECB), Christine Lagarde, affirmed yesterday that the institution closely follows the evolution of the market after the intervention of the Swiss authorities in aid of Credit Suisse and has assured that the central bank of the area euro is prepared to respond "as needed".

Precisely, the European stock markets started this Tuesday with notable advances. Frankfurt rose 1.1%, while Paris and Milan gained 1% and London rose 0.5%.

Within the Ibex 35, the bank was pulling the selective in the early stages of the session. Thus, the largest increases were registered by CaixaBank (2.90%), Santander (2.85%), Sabadell (2.84%), Bankinter (2.72%) and BBVA (2.63%).

At the other extreme, with the greatest decreases, were Meliá (-1.29%), Enagás (-0.52%), Acciona (-0.34%) and Naturgy (-0.20%).

At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, fell 1%, to 73.01 dollars, while Texas stood at 67.05 dollars, also a 1% less.

In the currency market, the price of the euro against the dollar stood at 1.0718 'green bills', while in the debt market, the yield on the Spanish bond with a 10-year maturity rose to 3.197%.

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