The Ibex 35 closes with an advance of 0.4% awaiting the Fed

MADRID, 14 Dic.

The Ibex 35 closes with an advance of 0.4% awaiting the Fed


The Ibex 35 has closed today with an advance of 0.40%, which has led it to stand at 8,360.6 integers, waiting to know the outcome of the meeting that the Federal Reserve (Fed) of the United States has maintained between yesterday and today.

Late in the afternoon, the Fed is expected to announce a further 50 basis point hike in interest rates, although the markets expect them to soften, leaving behind the 75 basis point hikes applied in the last four meetings.

This expectation was reinforced yesterday by the CPI data in the United States, which showed its fifth month of moderation by placing its general rate at 7.1% in year-on-year terms.

Among the references that have been released today, the CPI of the United Kingdom stands out, which stood at 10.7% last November, compared to the 11.1% registered in October, when it registered the largest increase in prices since 1981 .

In Spain, the INE has confirmed that inflation fell by one tenth in November in relation to the previous month and cut its interannual rate by half a point, to 6.8%, its lowest figure since January, just before the war was declared in Ukraine. , when the CPI stood at 6.1%.

Inditex has been the bullish value of the day, with a rise of 3.07% at the end of the session, after today it has reported a net profit of 3,095 million euros during the first nine months of its fiscal year 2022- 2023 (between February 1 and October 31), which represents an increase of 24% compared to a year earlier.

Grifols (2.66%), Colonial (2.45%), PharmaMar (2.39%), CaixaBank (1.97%), Solaria (1.86%), Red Eléctrica (1, 84%) and Mapfre (1.75%). On the other hand, ArcelorMittal (-4.17%), Acerinox (-3.39%), IAG (-2.68%), Meliá (-1.25%) and Santander (-1.20 %).

On the other hand, the rest of the European stock markets closed negatively, with falls of 0.09% in London, 0.21% in Paris and 0.26% in Frankfurt and Milan. Wall Street was trading positive, with gains of 0.63% in the Dow Jones, 0.71% in the S

Likewise, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at a price of 82.51 dollars, with an increase of 2.28%, while Texas stood at 77.22 dollars. , with a rise of 2.39%.

Finally, the price of the euro against the dollar stood at 1.0658 'greenbacks', while the Spanish risk premium stood at 102 basis points, with the interest required on the ten-year bond at 2.958%.