The Ibex 35 closes on Monday with a fall of 0.37% awaiting the meetings of the Fed and the ECB

MADRID, 12 Dic.

The Ibex 35 closes on Monday with a fall of 0.37% awaiting the meetings of the Fed and the ECB

MADRID, 12 Dic. (EUROPA PRESS) -

The main indicator of the Spanish Stock Market, the Ibex 35, has closed the session this Monday with a fall of 0.37%, with investors awaiting the meetings of the US Federal Reserve (Fed) and the European Central Bank (ECB). ) that will take place throughout the week, among others.

Specifically, the selective left 30.3 points, equivalent to that 0.37%, which stood at 8,258 integers. The rest of the European parquets have traded with a mixed sign: Frankfurt closed with a fall of 0.45%, while London and Paris left 0.41%. For its part, Milan registered a rise of 0.11%.

At the close of the markets in Europe, Wall Street was trading positive, with increases of 0.73% for the Dow Jones, 0.5% for the S

Investors are going to be watching these days for the meetings of the Fed, the Bank of England (BoE), the ECB and the publication of inflation data for November in the euro area, Germany, the United Kingdom and the United States.

Regarding the Fed meeting, the XTB analyst, Joaquín Robles, points out that the market expects the rate rise to moderate to 50 basis points given the falls that inflation has registered in the United States in recent months.

"Now the key is focused on whether this decision will mark a path to end the cycle of increases next February or continue at a slower pace. Most likely, more details on the next decisions will not be offered at this meeting and "keep awaiting the economic projections. The next concerns will center on whether the rates will manage to overcome the 5% barrier during 2023 and for how long they will remain at that level," he explains.

In the case of the ECB, Robles believes that the moderation of the CPI in the Eurozone from 10.6% in October to 10% in November "will not be enough" to smooth the rate of rises, although in recent weeks some members of the central bank have suggested that the rate of increases could be reduced in the face of the economic slowdown.

Back in the Ibex 35, PharmaMar was the most bearish value of the selective this Monday, leaving 6.96%, after learning that it had received a payment of 10 million dollars (9.5 million euros) for part of Janssen Products LP upon reaching a commercial milestone set forth in the license agreement for Yondelis (trabectedin) in the United States.

Right at the close of the market, the Ibex Technical Advisory Committee has agreed to incorporate Logista into the selective to replace PharmaMar, a change that will take effect on December 19.

The fall of PharmaMar was followed by Meliá Hotels and Mapfre, which fell 5.21% and 2.12%, respectively, while Solaria Energía rose 2.83% and Acciona, 2.75%.

In the continuous market, the fall of Atresmedia stood out, which fell 9%, followed by Edreams and Soltec Power Holdings, which fell 6.01% and 6%, respectively.

The barrel of Brent quality oil, a reference for the Old Continent, was at a price of 78.36 dollars at the close of the market, rising 3%, while Texas stood at 73.75 dollars, with a rebound of 3.93%.

Finally, the price of the euro against the dollar stood at 1.0535 'green tickets' at that time, while the Spanish risk premium stood at 102 basis points, with the interest required on the ten-year bond at 2.953 %.

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