The Ibex 35 falls 0.7% at the opening and loses 9,500 points

MADRID, 22 Sep.

The Ibex 35 falls 0.7% at the opening and loses 9,500 points


The Ibex 35 began the last session of the week with a decrease of 0.71%, which has taken the index to 9,481.06 points, on a day marked by the publication of the Gross Domestic Product (GDP) of Spain.

The Madrid selective lost the level of 9,500 integers at the opening after learning that the Spanish economy grew by 0.5% between April and June, which is one tenth less than in the previous quarter but one tenth more than what was initially advanced. while its interannual rate stood at 2.2%, four tenths more than what was advanced, but two points less than in the first quarter.

After the pause that the United States Federal Reserve (Fed) adopted on Wednesday and for which it left interest rates in a target range between 5.25% and 5.5%, the European market woke up with the decision of the Bank of Japan to maintain its ultra-loose monetary stance, with the reference interest rate at -0.1%, the same rate it has applied since January 2016, when it entered negative territory for the first time in its history.

Among the macroeconomic references that will be published today, a battery of PMIs also stands out, specifically, from Germany, France, the United Kingdom and the United States.

In the business field and before the opening of the Madrid selective, it was known that Indra and Grupo Oesía have purchased 60% of Epicom, a subsidiary of Duro Felguera, for 5.3 million euros. Indra shares opened lower this Friday, with a decline of almost 0.7% at 9:15 a.m., to 13.94 euros per share.

In the early stages of this Friday's session, the biggest increases within the Ibex 35 were recorded by Repsol (1.09%), CaixaBank (0.36%), Solaria (0.26%) and Meliá Hotels (0. 17%). On the other hand, the biggest decreases were recorded by Aena (-1.31%), Redeia (-1.26%), Merlin Properties (-1.18%) and Endesa (-1.17%).

The main European stock markets also opened this Friday with a negative sign: 1.59% for Paris, 0.72% for Milan, 0.71% for Frankfurt and 0.42% for London.

At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose 0.48%, to 93.75 dollars, while Texas stood at 90.22 dollars, a 0.66% more.

In the foreign exchange market, the price of the euro against the dollar advanced to 1.0659 'greenbacks', while in the debt market the interest required on the 10-year Spanish bond climbed to 3.799%.