The Ibex 35 closes with a rise of 0.85% and recovers 9,300 points encouraged by Wall Street

MADRID, 11 Jul.

The Ibex 35 closes with a rise of 0.85% and recovers 9,300 points encouraged by Wall Street


The Ibex 35 has closed this Tuesday with a rise of 0.85%, reaching 9,331.1 points, encouraged by the rises in the Wall Street indices and despite the fact that the rise of three tenths of inflation has been confirmed Germany's general in June, which stood at 6.4% due to the boost in food prices, as indicated by the data advanced two weeks ago.

The selective started lower and threatened to lose the level of 9,200 points, but changed its trend from midday influenced by the positive futures on Wall Street, where the improvement in the SME optimism index (NFIB) has been known. ), and advanced over 9,300 points after the official opening of the New York parquet, whose main indicator, the Dow Jones, advanced 0.7% at the closing time in Europe.

All of this despite the fact that the European macroeconomic agenda revealed that German investor confidence (ZEW) worsened more than expected in July. By contrast, the UK unemployment rate rose more than expected in May, to 4%, which could encourage the Bank of England (BoE) to halt the tightening cycle in its fight against inflation.

This Tuesday, the Spanish Public Treasury has placed 1,980.39 million euros in three- and nine-month bills, in the expected average range, and has raised the remuneration of both references, offering 3.8% in the case of bills to nine months, according to data from the Bank of Spain.

Also in Spain, business confidence data has been published, which has risen by 2.6% in the third quarter due to improved expectations.

Within the Ibex 35, Bankinter has been the most bullish value of the session with a rise of 3.06%; followed by Caixabank with 2.82%; Acciona Energy with 2.68%; Mélia Hotels with 2.33%; Colonial Real Estate with 2.26% and Banco Sabadell with 2.21%.

On the other hand, only three companies have concluded the negotiation with losses: Laboratorios Rovi (-1.34%), Telefónica (-0.08%) and Amadeus (-0.03% counting the ex-dividend effect; without said effect, has risen 1.1%).

Gains have also prevailed in the rest of the European markets: London has added 0.12%; Milan 0.68%; Frankfurt 0.75% and Paris 1.07%.

At the time of the stock market closing in the Old Continent, a barrel of Brent oil appreciated 2% and stood at the maximum of the beginning of May, at 79.25 dollars, while the West Texas Intermediate (WTI) reached 74, 66 dollars, 2.3% more.

In the secondary debt market, the interest on the long-term Spanish bond has closed at 3.707% after adding almost three basis points in the session, while the risk premium (the differential with the German bond) remained at 106, 4 points.

In the foreign exchange market, the euro depreciated slightly against the dollar, reaching an exchange rate of 1.0994 dollars for each euro.