The Ibex 35 accelerates at midday with a rise of 0.8% and returns to 11,000, pending BBVA and Sabadell

MADRID, 7 May.

The Ibex 35 accelerates at midday with a rise of 0.8% and returns to 11,000, pending BBVA and Sabadell

MADRID, 7 May. (EUROPA PRESS) -

At midday this Tuesday, the Ibex 35 extended the opening increases to 0.8%, reaching 11,004.2 points - a level that fell last week -, on a day in which investors continue to pay attention to BBVA and Banco Sabadell, after the latter rejected the merger offer.

Specifically, Sabadell yesterday rejected the offer that BBVA had made last week to merge both entities, considering that it will generate more value alone, as reported by the entity with the market already closed.

Precisely, in the middle section of this Tuesday's session, the third largest increase within the Ibex 35 was recorded by BBVA (2.34%), followed by Banco Santander (1.9%), while leading the gains Fluidra (4.5%) and Solaria (3.6%) were included. On the opposite side were ArcelorMittal (-1.3%), Grifols (-1.1%) and Banco Sabadell, which fell 1%, although in the morning it fell by more than 3%.

In the business field, marked by the publication of business results, Ibercaja has informed the National Securities Market Commission (CNMV) that it obtained a net profit of 58 million euros in the first quarter, 5.9% more than that registered in the same period of the previous year, once the extraordinary tax applied to the banking sector corresponding to this year has been fully accounted for, amounting to 40 million euros.

In addition, the board of directors of Ercros will vote at its ordinary general meeting of shareholders, which is expected to take place on Friday, June 28, on second call, the distribution of a dividend of 0.096 euros gross per share, which amounts to total amount of 8.78 million euros, and the re-election of its president, Antonio Zabalza Martí, as executive director, as well as other directors whose mandate has expired.

Applus, on the other hand, this Tuesday updated the business corresponding to the first quarter to "simplify it" given the war of public takeover bids (OPA) for the company launched by Amber and Apollo.

In the macroeconomic field, the Public Treasury has placed 5,453.56 million euros this Tuesday in the first May auction of six- and twelve-month bills, practically within the maximum range expected, and has done so by lowering the profitability offered in both auctions. , according to data provided by the Bank of Spain.

At a European level, it has been known that retail sales in the eurozone have risen 0.8% in March in a monthly rate, two tenths more than expected after the fall in February, while in an interannual rate it has registered an increase of 0 .7%.

For its part, German factory orders in March have fallen by 0.4% in monthly rate when an increase of the same proportion was expected.

The advances were the common denominator in European markets at noon: Paris added 0.4%; Frankfurt 0.7%; Milan 1.05% and London 1.08%.

At the same time, the price of a barrel of Brent quality oil, a reference for the Old Continent, fell by 0.2%, to 83.16 dollars, while that of Texas stood at 78.36 dollars. 0.15% less.

In the foreign exchange market, the price of the euro against the dollar fell to 1.0764 'greenbacks', while in the debt market the interest required on the 10-year Spanish bond stood at 3.225% after subtracting two basis points, with the risk premium (the differential with the German bond) at 78.2 points.

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