The Ibex 35 advances 1.4% and reconquers 8,300 at the end of the session

MADRID, 21 Dic.

The Ibex 35 advances 1.4% and reconquers 8,300 at the end of the session

MADRID, 21 Dic. (EUROPA PRESS) -

The Ibex 35 has closed the session this Wednesday with an advance of 1.43%, which has led it to situate itself again at the level of 8,300 integers, in a session with few references and in which the selectives are assimilating the latest movements of central banks.

Renta 4 analysts highlight the fear that the cap imposed on the price of gas in Europe, of 180 euros, will cause supply problems and make it difficult to rebuild inventories as of March, "necessary for the winter of 2023-2024 and for the expected economic recovery.

It also points to the forecasts that the Bank of Spain released yesterday, which has slightly revised its GDP estimates for 2022, one tenth more, to 4.6%, but has lowered its forecasts for 2023 and 2024, until forecasting growth of 1.3% and 2.7% respectively due to a lower contribution from external demand. In addition, it expects inflation to remain above the 2% target beyond 2024.

Among today's references, the German consumer confidence data stands out, which has registered a slight improvement with a view to January, according to the index prepared by GfK, which has stood at -37.8 points, compared to -40 .1 of the previous month, which represents the third consecutive increase in the indicator and suggests that the measures implemented to alleviate the increase in the cost of living are having an effect.

In this context, the Ibex 35 has closed at 8,302.3 integers with Grifols as bullish value, registering a revaluation of 5.07%. Behind were Solaria (3.27%), ArcelorMittal (2.89%), Colonial (2.67%), BBVA (2.67%) and Inditex (2.28%). On the other hand, only Acciona closed negatively, with a fall of 0.17%.

The rest of the European stock markets have also closed higher, with increases of 1.72% in London, 2.01% in Paris, 1.54% in Frankfurt and 1.66% in Milan.

Likewise, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 81.69 dollars, with an increase of 1.70%, while Texas stood at 77.88 dollars, with a increase of 2.16%.

Finally, the price of the euro against the dollar stood at 1.0612 'greenbacks', while the Spanish risk premium stood at 109 basis points, with the interest required on the ten-year bond at 3.371%.

NEXT NEWS