The Ibex 35 closes practically flat and remains at 10,100 integers

MADRID, 26 Feb.

The Ibex 35 closes practically flat and remains at 10,100 integers


The Ibex 35 closed this Monday's session with a slight advance of 0.08%, reaching 10,138.4 integers, in a day with few references and transition for the coming days, where a battery of data will be known , such as the US GDP or the annual results of the majority of Spanish listed companies.

Today CIE Automotive has reported that it recorded a net profit of 320.2 million euros in 2023, which represents an increase of 6.7% compared to the profits of 300 million euros it obtained in 2022.

Thus, given the company's good prospects for the coming years, CIE Automotive has confirmed that it maintains all its commitments for 2025 and points to a possible investment of up to 1.5 billion euros at the end of the period of its strategic plan.

On the other hand, it has been known that industrial prices decreased by 3.8% last January compared to the same month in 2023, moderating by 2.5 points the decrease registered last December.

For the rest of the week, investors will be watching eurozone consumer confidence and US GDP data due out on Wednesday; as well as inflation in Spain and the CPI and unemployment in Germany, which will be known on Thursday.

On Friday, investors will look for clues on the ECB's guidance as euro zone inflation and manufacturing PMI are released. Furthermore, in Spain, the majority of annual results of Spanish listed companies will be known.

In this way, at the close of the session the biggest increases were those of Grifols (2.39%), Banco Sabadell (1.76%), Inditex (1.44%), IAG (1.32%), CaixaBank ( 0.97%) and Indra (0.88%). On the other hand, Enagás has been the 'red lantern' of the session, with a fall of 5.19%, followed by Acciona (-2.96%), Naturgy (-2.85%) and Solaria (-1 ,3. 4%).

In the rest of the main European markets they have closed with falls: Paris has lost 0.46%; Milan, 0.44%; and London, 0.29%. Only Frankfurt closed with a slight increase of 0.02%.

For its part, a barrel of Brent stood at $82.23, up 0.75%, while West Texas Intermediate (WTI) rose to $77.25, up 0.99%.

In the debt market, the yield on the Spanish bond with a 10-year maturity stood at 3.327%, while the risk premium against German debt reached 88.3 basis points.

In the foreign exchange market, the euro appreciated 0.28% against the dollar, registering an exchange rate of 1.0852 'greenbacks' for each unit of the community currency.