The Ibex 35 continues its downward trend and falls 0.4% in the mid-session, although it maintains 9,200 points

MADRID, 6 Jun.

The Ibex 35 continues its downward trend and falls 0.4% in the mid-session, although it maintains 9,200 points

MADRID, 6 Jun. (EUROPA PRESS) -

The Ibex 35 extended to today's session the bearish tone that it registered yesterday before closing, which led it to fall 0.43% in the mid-session, to stand at 9,249.4 integers.

In a session with few business and macroeconomic references, investors have reacted to the new rate hike of 25 points applied by the Reserve Bank of Australia, which raises the reference rate to 4.10%, its maximum level since April 2012.

In Spain, the Public Treasury has placed 4,964 million euros in six- and twelve-month bills, within the expected average range, and has done so by offering higher yields in both cases and above 3.3%.

The improvement in the interest rates offered, in line with the latest increases in interest rates by the ECB, has maintained the investor appetite of the markets for Spanish securities, given that the joint demand for both references has almost doubled what was awarded, with requests of 9,315 million euros.

It should be noted that this new issuance occurs at a time when individual investors are showing great interest in purchasing debt, mainly in the short term, given its high profitability, which has been growing since the beginning of 2022, especially in the case of the Bills in the shortest term.

On the other hand, it has been known that industrial production in Spain fell by 4% year-on-year in April, its biggest drop since January 2021.

In this context, the biggest increases within the Ibex 35 were recorded by Amadeus (1.17%), Rovi (0.84%), Grifols (0.56%), Colonial (0.44%) and Mapfre (0. 43%). On the opposite side were Telefónica (-1.99%), Solaria (-1.79%), Acciona Energía (-1.18%), Logista (-1.09%) and ACS (-1.08% ).

The main European markets were also trading with slight decreases: 0.44% for Milan, 0.24% for Paris, and 0.23% for London and 0.08% for Frankfurt.

In the raw materials market, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at a price of 75.37 dollars, with a decrease of 1.75%, while Texas was trading at 70 .81 dollars, with a decrease of 1.86%.

In the currency market, the price of the euro against the dollar stood at 1.0690 'greenbacks', while the Spanish risk premium was around 99.5 points, with the interest required on the ten-year Spanish bond in 3.312%.

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