The Ibex 35 advances 0.7% in the middle of the session and remains above 7,600 integers

MADRID, 18 Oct.

The Ibex 35 advances 0.7% in the middle of the session and remains above 7,600 integers

MADRID, 18 Oct. (EUROPA PRESS) -

The Ibex 35 was trading in the mid-session on Tuesday with an advance of 0.75%, which led the Madrid selective to stand at 7,613.5 integers, after the gains recorded on Wall Street, with increases of up to 3% , and despite the fact that China has delayed the publication of macroeconomic data such as GDP for the third quarter.

Specifically, the Dow Jones index closed the session with a rise of 1.86%, while the S

In China, the National Statistics Office has confirmed the postponement of the publication of the Asian giant's GDP figures for the third quarter of the year, scheduled for this Tuesday, coinciding with the celebration of the XX National Congress of the Communist Party of China (PCCh). ).

In addition to GDP figures, China's statistical office has also postponed the publication of other statistics such as monthly data on retail sales or developments in the real estate market.

Renta 4 analysts point out, with respect to China, that about a million citizens in a district of Zhengzhou – the city where the iPhone manufacturing center is located – are confined due to an outbreak of Covid-19.

In Germany, the ZEW investor confidence index showed an improvement of 2.7 points in October, reaching -59.2 points, from -61.9 in September.

In the United Kingdom, the Bank of England came out this Tuesday in response to information from the 'Financial Times' regarding the possible delay in the sale of the sovereign bonds in the institution's portfolio, pointing out that what was published was "inaccurate", which has caused an increase in the yield of British public debt in the markets and a drop in the value of the pound sterling.

"The FT article this morning that the BoE has decided to delay sales of gilt ('QT') is inaccurate," a British central bank spokesman said in a terse statement.

In this context, the biggest increases were led by Fluidra (3.79%), Banco Santander (2.42%), Indra (2.07%), BBVA (2.03%), Bankinter (1.28%), CaixaBank (1.21%), Telefónica (0.75%), Endesa (0.70%) and Inditex (0.67%).

On the other hand, only Acciona Energía (-1.88%), Sacyr (-1.67%), Colonial (-0.44%), Red Eléctrica (-0.36%), Solaria (-0.20 %) and PharmaMar (-0.07%).

The rest of the European stock markets were also trading higher with increases of 1.28% for Milan, 0.85% for Frankfurt, 0.52% for London and 0.34% for Paris.

Likewise, a barrel of Brent quality oil, a reference for the Old Continent, stood at a price of 91.2 dollars this Tuesday, with a fall of 0.46%, while the Texas stood at 85.0 dollars , with a decrease of 0.46%.

Finally, the price of the euro against the dollar stood at 0.9838 'greenbacks', while the Spanish risk premium stood at 115 basis points, with the interest required on the ten-year bond at 3.498%.

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