The Ibex 35 accelerates to 9,950 points in the mid-session

MADRID, 12 Feb.

The Ibex 35 accelerates to 9,950 points in the mid-session


The Ibex 35 was trading at 9,951.4 points towards the mid-session, which represents an increase of 0.55% compared to Friday's close and a rebound compared to the 0.35% increase that it had registered at the market opening.

Investors will not have the reference of the Chinese markets this week, since their stock exchanges will remain closed all week for the celebration of the Chinese New Year.

Within the macro agenda, tomorrow, Tuesday, the Council of Ministers will approve the deficit objectives, after having been overturned by the PP in the Senate, according to the Minister of Economy, Commerce and Business, Carlos Body.

Outside Spain, it has been known that the adjustment of the German real estate market intensified in the fourth quarter of 2023, when prices decreased on average by 7.2% year-on-year, the largest drop in the entire historical series of the index prepared by the VDP banking association, with a particularly deep collapse in the commercial segment.

In the Continuous, Talgo shares have returned to trading this Monday with a drop of 7.64% after the Hungarian group Ganz-MaVag (Magyar Vagon) confirmed its interest in buying the railway manufacturer for 620 million euros . The foreign company has assured that it does not have enough certainty to carry it out.

In this sense, Unicaja Banco led the selection with an advance of 3.57%, followed by Solaria (2.97%), Acciona (2.91%), Grifols (2.88%), Acciona Energía (2.78 %), Colonial (1.85%) and Cellnex (1.75%).

Towards mid-session, only five stocks were trading negative: Rovi (-0.81%), Aena (-0.42%), CaixaBank (-0.28%), Logista (-0.23%) and Ferrovial (- 0.08%).

Regarding the rest of the main European stock markets, only London was trading lower, with a fall of 0.10%. Paris advanced 0.50%; Frankfurt, 0.48%; and Milan, 0.79%.

The barrel of Brent began the week falling 0.85%, to $81.49, while West Texas Intermediate (WTI) stood at $76.26, 0.75% less.

In the debt market, the yield on the Spanish bond with a 10-year maturity fell to 3.306%, from 3.369% registered at the close of Friday. In this way, the risk premium against German debt fell to 96.5 points, 2.2 points less.

In the foreign exchange market, the euro depreciated 0.11% against the dollar, reaching 1.0722 'greenbacks' for each unit of the community currency.