The Ibex 35 advances 0.8% and is close to 9,700 points pulled by Indra and Unicaja Banco and pending from the ECB

MADRID, 27 Jul.

The Ibex 35 advances 0.8% and is close to 9,700 points pulled by Indra and Unicaja Banco and pending from the ECB

MADRID, 27 Jul. (EUROPA PRESS) -

The Ibex 35 advanced 0.8% in the mid-session, which brought it to stand at 9,680.1 integers, pending today's meeting of the European Central Bank (ECB) and driven by Indra and Unicaja Banco, which today have presented their business results.

Before the opening of the market, Banco Sabadell has announced that it closed the first half of the year with a profit of 564 million euros, 43.6% more than in the same period of 2022. Telefónica, for its part, obtained a profit net attributable amount of 462 million euros, which is 44.5% more than the 320 million euros in the same year of 2022.

Likewise, Unicaja Banco closed the first six months of 2023 with an attributable net profit of 148 million euros, 13% less than the profits recorded in the same period of the previous year, while Repsol earned 1,420 million euros in the first semester, which represents a drop of 44% compared to the same year of 2022.

On the other hand, ArcelorMittal obtained an attributable net profit of 2,956 million dollars (2,665.4 million euros) in the first half of 2023, which represents a decrease of 63.3% compared to the result recorded in the first six months of the previous year, while Iberdrola earned 2,521 million in the semester, 21.5% more, driven by its investment effort.

Grifols closed the first half with losses of 56 million euros due to restructuring costs of 140 million euros associated with its transformation plan, and increased its revenues by 14.8%, to 3,225 million. Indra, on the other hand, obtained a net profit of 90 million euros between January and June, 35.3% more.

In Spain, it has been known that unemployment fell by 365,300 people in the second quarter of the year, which is 11.7% less than in the previous quarter, while 603,900 jobs were created (2.9%), bringing the total employed for the first time in history to 21,056,700 people.

Added to today's ECB meeting is the decision taken yesterday by the United States Federal Reserve (Fed) to raise interest rates by another 25 basis points, until placing them in a target range of between 5.25% and 5.50%, its highest level since January 2001.

In addition, investors are also pending today to know the GDP data for the second quarter in the United States.

In this context, the biggest rises in the mid-session were recorded by Indra (4.08%), Unicaja Banco (3.61%), Telefónica (3.22%), Inditex (1.93%), Amadeus (1 81%), Enagás (1.66%), Naturgy (1.23%), ACS (1.20%) and Logista (1.19%). Negative were Rovi (-1.96%), Aena (-1.38%), Acciona Energía (-1.34%), Solaria (-0.91%), ArcelorMittal (-0.88%) and Drive (-0.62%).

The main European stock markets traded positively, with increases of 1.30% in Paris, 1.21% in Milan, 0.86% in Frankfurt and 0.29% in London.

In the half session, the price of a barrel of Brent quality oil, a reference for the Old Continent, increased by 0.93%, to 83.69 dollars, while Texas stood at 79.67 dollars, 1. 13% more.

In the foreign exchange market, the price of the euro against the dollar stood at 1.1143 'green bills', while the Spanish risk premium was around 101 basis points, with the interest required on the 10-year bond in the 3.497%.

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