The Ibex 35 falls 1% and moves away from 9,500 integers after Powell's appearance

MADRID, 7 Mar.

The Ibex 35 falls 1% and moves away from 9,500 integers after Powell's appearance

MADRID, 7 Mar. (EUROPA PRESS) -

The Ibex 35 has closed this Tuesday with a fall of 1.05%, which has led it to stand at 9,411.1 integers on a day marked by the appearance of the president of the Federal Reserve, Jerome Powell, in the Senate of the United States.

Throughout the day, the Madrid selective traded aimlessly, bordering on the 9,500 points it achieved in yesterday's session, although after hearing Powell's words in which he assured that the Fed will accelerate its rate hikes if inflation does not give in, the trend has been clearly downward and has led it to lose 100 basis points in the session.

In Spain, the Public Treasury has placed 4,938.49 million euros this Tuesday in an auction of six- and twelve-month bills, and has done so by remunerating investors with interests above the 3% threshold in both references, according to the data published by the Bank of Spain.

At a time when private investors are showing great interest in buying this type of debt, the demand in this auction has exceeded 8,695 million euros, although it has not been able to double the amount finally awarded.

In addition, the Ibex Technical Advisory Committee has decided to maintain the current composition of both the Ibex 35 and the Ibex Medium Cap and Small Cap.

In this context, the largest increases at the close were recorded by Acciona Energía (2.49%), Meliá (1.16%), Acciona (0.68%), Solaria (0.55%), Logista (0, 52%) and Red Eléctrica (0.48%).

On the other hand, the falls have been led by Indra, with a drop of 7.18%, after the firm's board of directors approved, in agreement with the firm's CEO, Ignacio Mataix, to start a plan of succession.

Following Indra were Colonial (-2.56%), Sabadell (-2.56%), Santander (-2.40%), BBVA (-2.14%), Merlin (-2.04%) and AcerlorMittal (-1.93%).

The rest of the European stock markets have also closed with falls of 0.67% in Milan, 0.60% in Frankfurt, 0.46% in Paris and 0.13% in London.

Likewise, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 83.98 dollars, with a decrease of 2.53%, while Texas traded at 78.12 dollars, a 2. 92% less.

In the foreign exchange market, the price of the euro against the dollar stood at 1.0573 'green tickets', while in the debt market, the interest required on the ten-year bond fell to 3.716% and the risk premium it stood at 102 basis points.

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