The Ibex 35 closes in 'green' (0.27%) and sets its sights on 8,200 points

MADRID, 15 Nov.

The Ibex 35 closes in 'green' (0.27%) and sets its sights on 8,200 points

MADRID, 15 Nov. (EUROPA PRESS) -

The Ibex 35 has managed to end this Tuesday's trading session on a positive note, with an increase of 0.27%, which has led it to approach the 8,200-point barrier.

Specifically, the Spanish selective index has turned around and closed the session at 8,188.4 points, after the publication of various macro data, including the CPI data for Spain, the GDP for the third quarter of the eurozone and the ZEW index of investor confidence in Germany.

In Spain, the INE has confirmed that the CPI stood at 7.3% year-on-year in October, which means cutting the level registered in September, 8.9%, by more than one point, although it is almost two points more compared to the level of October 2021, when inflation stood at 5.4%.

However, the data for the month of October is the lowest since January, when the interannual rate stood at 6.1%. In addition, the statistical body has cut one tenth, from 0.4% to 0.3%, the monthly advance of the CPI initially estimated.

On the other hand, the euro area's GDP slowed down its rate of expansion between July and September to 0.2% from the 0.8% observed in the second quarter of the year, according to the estimate published by the community statistics office, Eurostat. This is the weakest growth rate for the euro zone economy since the first quarter of 2021.

In Germany, the Zew index has reached its highest level since June, going from -59.2 in September to -36.7 in October.

Data from the United States has also been positive, with producer prices falling more than expected in October and an improvement in the Empire State indicator in November. "All the indicators are positively surprising. Both support the idea of ​​a smaller rate hike by the Fed at the next meeting in December," Bankinter analysts point out.

In this scenario, the biggest rises in the Ibex 35 have been presented by Solaria (7.63%), Sabadell (5.68%), Endesa (2.23%), CaixaBank (2.12%) and Santander (1.42 %).

On the contrary, Grifols (-3.74%), Cellnex (-3.29%), Telefónica (-1.83%) and Fluidra (-0.67%) stood out in negative territory.

The rest of the European stock markets have closed with increases in Paris (0.49%), Frankfurt (0.46%) and Milan (0.42%), while London has fallen by 0.21%.

Likewise, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 93.43 dollars, with an increase of 0.31%, while Texas stood at 86.25 dollars, with a rise of 0.44%.

Finally, the price of the euro against the dollar stood at 1.0371 'greenbacks', while the Spanish risk premium stood at 104 basis points, with the interest required on the ten-year bond at 3.118%.

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