The Ibex 35 closes the week with a decrease of 1.1%, despite the rise of 0.78% this Friday

MADRID, 9 Dic.

The Ibex 35 closes the week with a decrease of 1.1%, despite the rise of 0.78% this Friday

MADRID, 9 Dic. (EUROPA PRESS) -

The Ibex 35 has closed the week with a decrease of 1.11%, despite the fact that today the day has concluded with an advance of 0.78%, which has led it to stand at 8,289.2 integers, with few macroeconomic references and awaiting the inflation data for next week and the meetings of the Federal Reserve (Fed) of the United States and the European Central Bank (ECB).

The XTB analyst, Joaquín Robles, points out that the market expects that, at least, the Fed will soften its rate of increases after the latest CPI data in the US. In addition, he indicates that the Asian markets continue to be boosted by the change in position of the Chinese Government on the restrictions of the Covid-Zero policy, after the recent protests.

The analyst highlights the PMI services index in Spain, which reached a level of 51.2, thus returning to the expansion zone and in contrast to other European economies, which continued in the contraction zone of this index in November. For its part, the US manufacturing PMI rose to 56.5 points, suggesting that the country's economy could continue with higher interest rates.

Robles indicates that some of the indicators related to inflation in the United States published this Friday have exceeded forecasts, such as producer prices and the component of consumer inflation expectations within the confidence index of the University of Michigan.

In China it was revealed today that the year-on-year inflation rate stood at 1.6% in November, which represents a drop of half a percentage point compared to the 2.1% registered in October and represents the smallest rise in prices since last March.

In Spain, the General Industrial Production Index rose 2.2% in October compared to the same month in 2021, a rate 1.4 points lower than that of the previous month.

Next week will be marked by the meetings of the Fed, the ECB and the Bank of England, as well as the publication of the CPI for November in the euro zone, Germany, the United Kingdom and the US. The ZEW German Investor Confidence Index, among other data, will also be released.

In today's session, the biggest increases were registered by Amadeus (4.53%), Grifols (2.12%), Meliá (1.67%), Aena (1.56%), Telefónica (1.49% ), Enagás (1.46%) and Fluidra (1.30%). On the fall side, they have only ended in 'red' IAG (-0.61%), PharmaMar (-0.34%), Rovi (-0.33%), Bankinter (-0.31%), CaixaBank (-0.275) and Repsol (-0.25%).

The rest of the European stock markets have also ended in 'green', with a slight rise of 0.06% in London, 0.46% in Paris, 0.74% in Frankfurt and 0.29% in Milan.

Likewise, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 77.15 dollars, with an increase of 1.31%, while Texas stood at 72.44 dollars, with a rise of 1.36%.

Lastly, the price of the euro against the dollar stood at 1.0550 'greenbacks', while the Spanish risk premium stood at 101 basis points, with the interest required on the ten-year bond at 2.937%.

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