The Ibex 35 closes down (-0.58%) after the ECB meeting and with banks in 'red'

MADRID, 25 Ene.

The Ibex 35 closes down (-0.58%) after the ECB meeting and with banks in 'red'


The Ibex 35 closed this Thursday's session with a fall of 0.58%, which brought it to 9,916.6 points, after learning that the European Central Bank (ECB) has decided to keep rates at 4.5% for the third consecutive meeting, which has caused a fall in the banking stock market.

Furthermore, the president of the ECB, Christine Lagarde, has considered it "premature" to debate future rate cuts, although she has stood by her statements a few days ago when she pointed out the possibility that the first cuts would occur in the summer.

"All I can say is that the consensus around the Governing Council table this morning was that it was premature to discuss rate cuts. It's as simple as that," said the Frenchwoman in her appearance before the media this Thursday. .

In addition, this Thursday the results season began in Spain with Bankinter, which has informed the market of record recurring profits in its history of 845 million euros, 51% more than in 2022. However, on the stock market, the The price of the bank led by María Dolores Dancausa has fallen by 6.04% at closing, thus losing the level of six euros per share.

Bankinter has been accompanied by the rest of the entities in terms of falls: Banco Sabadell has lost 3.11%; Santander, 2.64%; CaixaBank, 2.46%; Unicaja Banco, 2.16% and BBVA, 1.65%.

In the part of the increases, IAG (1.51%), Cellnex (1.30%), Amadeus (1.08%), Aena (0.80%), Meliá (0.71%) Logista (0.70%) and Indra (0.69%).

Only Milan has accompanied the Madrid selective in the falls, with a cut of 0.60%, while the rest of the main European indices have closed with slight advances: 0.11% in Paris; 0.10% in Frankfurt; and 0.03% in London.

In the raw materials market, a barrel of Brent appreciated by 1.70%, to $81.39, while West Texas Intermediate (WTI) stood at $76.43, up 1.81%.

For its part, the yield on the Spanish bond maturing in 10 years stood at 3.193%, compared to the 3.260% recorded at the close of Wednesday. In this way, the risk premium against the German bond was 91.7 basis points, five tenths more.

In the currency markets, the euro depreciated 0.45% against the dollar, with an exchange rate of 1.0835 'greenbacks' for each unit of the community currency.