The Ibex 35 closes with a rise of 0.8% and consolidates at 8,100 points

MADRID, 14 Nov.

The Ibex 35 closes with a rise of 0.8% and consolidates at 8,100 points


The Ibex 35 has advanced 0.84% ​​in the session this Monday, which has led it to end at 8,166.5 integers, its highest level since last September 12, in a week in which investors will be pending CPI data from Spain, the eurozone and the United Kingdom.

The XTB analyst, Joaquín Robles, highlights the inflation data in the eurozone as the key event of the week, a figure that investors pay attention to in order to anticipate the monetary policy of the European Central Bank (ECB).

Robles points out that the market expects an October CPI of 10.7% in the interannual rate, a figure with which it is "very difficult" for the ECB to consider softening the rate of rises, so it will continue to hover over the possibility that the central bank will apply another 75 basis point hike at the December meeting.

"Although a lower figure than expected could be well received by the markets, it will not change the position of the European body, which remains committed to returning inflation to its 2% target," he adds.

Among the references for this Monday, the industrial production of the euro zone stands out, which increased by 0.9% in the month of September compared to August, compared to the rise of 2% registered the previous month. Compared to September 2021, the industrial production index advanced by 4.9%.

In the Spanish selective, the largest increases have been registered by Grifols (4.40%), Red Eléctrica (2.45%), Naturgy (2.34%), Enagás (2.14%), IAG (1.98% ), Rovi (1.90%), Santander (1.76%) and Sacyr (1.68%).

On the other hand, Acciona Energía (-1.89%), Cellnex (-1.58%), Merlin (-1.09%), Colonial (-0.93%), Meliá (-0 .79%), Solaria (-0.75%), Acciona (-0.48%), Amadeus (-0.45%) and ACS (-0.15%).

The rest of the European stock markets have also closed with gains, 0.92% in London, 0.22% in Paris, 0.62% in Frankfurt and 0.58% in Milan.

Likewise, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 94.29 dollars, with a decrease of 1.77%, while Texas stood at 86.94 dollars, with a drop of 2.27%.

Finally, the price of the euro against the dollar stood at 1.0337 'greenbacks', while the Spanish risk premium stood at 104 basis points, with the interest required on the ten-year bond at 3.183%.