The Ibex 35 advances 0.3% in the session and consolidates at 9,300 integers, waiting for the Fed and the ECB

MADRID, 12 Jun.

The Ibex 35 advances 0.3% in the session and consolidates at 9,300 integers, waiting for the Fed and the ECB

MADRID, 12 Jun. (EUROPA PRESS) -

The Ibex 35 has closed with an advance of 0.37%, standing at 9,344.4 points, in the first session of a week marked by the decisions that will be adopted by the United States Federal Reserve (Fed) and the European Central Bank ( ECB) on interest rates.

Already last week there were movements that predicted that the ECB and the Fed will continue raising rates. The Federal Reserve Bank of Australia raised its rates to 4.10% last Monday, while the Bank of Canada approved two days later to raise rates 25 basis points to 4.75%.

In addition, investors are also awaiting the publication of the CPI in the United States for the month of May.

At the business level, Sacyr has sold its subsidiary Valoriza to Morgan Stanley for 734 million, while Iberdrola has signed a binding agreement to sell 55% of its business in Mexico for 6,000 million dollars (5,580 million euros).

Likewise, the Antin fund has submitted a takeover bid (OPA) for all Opdenergy shares for 866 million, representing a 46% premium. Outside of Spain, UBS has completed the acquisition of Credit Suisse.

In this context, Solaria (4.60%), Sacyr (2.60%), Fluidra (2.29%), Amadeus (1.71%), Inditex (1.53%) and IAG (1.39% ) have registered the highest increases at the end of the session. On the other hand, Colonial (-2.23%), Merlin (-1.36%), Telefónica (-1.06%), Repsol (-1.00%) and Grifols (-0.83%) have closed with the biggest drops.

In the rest of the European markets, the German DAX appreciated by 0.93%, the Italian FTSE MIB by 0.91%, the French CAC 40 by 0.52% and the British FTSE 100 by 0.11 %.

It should be noted that the shares of MediaForEurope (MFE), formerly Mediaset, the media group founded by Silvio Berlusconi and controlled through Fininvest, have come to trade today with increases of close to 10% after learning of the death of the Italian businessman and politician the 86 years of age before the corporate movements that may take place in the future. At the close, MFE shares moderated their rise to 2.32%.

The shares of Mondadori, controlled by Fininvest, have also suffered this boost, which ended the session with a revaluation of 1.54%, while another media conglomerate, in this case, the German ProSiebenSat.1, has boosted on the Stock Market from Frankfurt 5.38% at the close.

At market close, MFE has notified the National Securities Market Commission (CNMV) that it expects its ordinary A shares --with a par value of 0.06 euros each and which grant one voting right per share-- are admitted to trading on the Spanish stock markets on June 14.

In this sense, Mediaset España Comunicación was excluded from listing on the Stock Market on May 2 as a result of the cross-border merger by absorption carried out by MFE.

On the other hand, the barrel of Brent observed a decrease of 2.85%, to 72.66 dollars, while the West Texas Intermediate (WTI) stood at 67.89 dollars, 3.22% less.

In the debt market, the yield on the Spanish bond with a maturity of 10 years stood at 3.328%. Thus, compared to the German bond, the risk premium stood at 97.5 basis points.

In the foreign exchange market, the euro depreciated 0.02% against the dollar, reaching 1.0747 dollars for each unit of the community currency.

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