The Ibex 35 advances 0.7% in the mid-session after the eurozone CPI for February

MADRID, 1 Mar.

The Ibex 35 advances 0.7% in the mid-session after the eurozone CPI for February


The Ibex 35 advanced 0.70% in the mid-session, standing at 10,071.4 integers, after learning that inflation in the eurozone in February moderated to 2.6%, thus approaching the target of the European Central Bank's environment (ECB) to keep the CPI around 2%.

The manufacturing PMIs were also published today: in China, factory activity contracted again in February, according to the country's statistical office, while in Spain there was enough improvement for the index to once again enter expansionary territory by first time since March 2023, according to S

In the business field, Grifols stands out, which yesterday presented its unaudited results and sank 34.93%. Today, it reported the forecast for free cash flow of 485 million euros in 2024, excluding extraordinary items, and recorded a rebound of 17.77% in the mid-session.

Following the blood products company were Acciona Energía (8.06%), Acciona (5.03%), Amadeus (4.19%), Merlin (2.91%), Solaria (2.86%) and Bankinter (2.25%). On the other hand, ACS lost 6.11%, followed by Acerinox (-3.58%), Endesa (-1.23%), Enagás (-0.94%) and Indra (-0.74%) .

It should be noted that Acerinox and ACS presented their results yesterday, at the close of the stock market. On the one hand, Acerinox cut its profit by almost 60% in 2023, leaving it with profits of 228 million euros compared to the 556 million reached in 2022, while ACS obtained a net profit of 780 million euros, which It represents an increase of 17% compared to the previous year, driven by the increase in its stake in the German company Hochtief, as well as the greater contribution from Abertis.

The main European stock markets were also trading in 'green', with advances of 0.85% in Milan, 0.44% in London and 0.31% in Frankfurt. Only Paris fell 0.27% at noon this Friday.

In the raw materials market, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose 1.15%, to $82.85, while that of Texas stood at $79.17. , 1.16% more.

In the foreign exchange market, the price of the euro against the dollar advanced to 1.0814 'greenbacks', while in the debt market the interest required on the 10-year Spanish bond climbed to 3.317% and the risk stood at 87.6 points.