The Ibex 35 conquers 7,600 points with a rise of 0.72% in the session

MADRID, 18 Oct.

The Ibex 35 conquers 7,600 points with a rise of 0.72% in the session

MADRID, 18 Oct. (EUROPA PRESS) -

The Ibex 35 has recorded a rise of 0.72% in the session on Tuesday, which has allowed it to close above the barrier of 7,600 points and add four consecutive sessions in 'green'.

In China, the National Statistics Office has confirmed the postponement of the publication of the Asian giant's GDP figures for the third quarter of the year, scheduled for this Tuesday, coinciding with the celebration of the XX National Congress of the Communist Party of China (PCCh). ), as well as the publication of other statistics such as monthly data on retail sales or the evolution of the real estate market.

Renta 4 analysts point out, with respect to China, that about a million citizens in a district of Zhengzhou – the city where the iPhone manufacturing center is located – are confined due to an outbreak of Covid-19.

The confidence of German investors has interrupted its fall by registering a slight improvement in October from the lows registered last month, despite the deterioration observed in the situation of the economy and the pessimism about the prospects, according to the indicator of the Center of Leibniz European Economic Research (ZEW).

In the United Kingdom, the Bank of England came out this Tuesday in response to information from the 'Financial Times' regarding the possible delay in the sale of the sovereign bonds in the institution's portfolio, pointing out that what was published was "inaccurate", which has caused an increase in the yield of British public debt in the markets and a drop in the value of the pound sterling.

"The FT article this morning that the BoE has decided to delay sales of gilt ('QT') is inaccurate," a British central bank spokesman said in a terse statement.

In this scenario, the Ibex 35 ended the session at 7,611.3 points, with ACS (2.42%), Indra (2.26%), Fluidra (2.13%), Santander (2.12%) , BBVA (1.76%) and Inditex (1.65%) at the head of the advances.

On the contrary, in the negative field, the falls of Acerinox (-0.8%), Repsol (-0.75%), Sacyr (-0.7%), Colonial (0.44%) and Acciona Energía stood out. (-0.43%).

The rest of the European stock markets have also ended the session with increases, 0.24% in London, 0.44% in Paris, 0.92% in Frankfurt and 0.93% in Milan.

Likewise, a barrel of Brent quality oil, a reference for the Old Continent, stood at a price of 88.95 dollars this Tuesday, with a drop of 2.89%, while the Texas stood at 82.3 dollars , with a decrease of 3.7%.

Finally, the price of the euro against the dollar stood at 0.9831 'greenbacks', while the Spanish risk premium stood at 116 basis points, with the interest required on the ten-year bond at 3.418%.

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