The Ibex 35 falls 1% in the half session and moves away from its annual maximums

MADRID, 1 Ago.

The Ibex 35 falls 1% in the half session and moves away from its annual maximums


The Ibex 35 registered a fall of 1% in the mid-session, reaching 9,548.1 points, in a day of general setbacks throughout Europe and in which it was known that the unemployment rate in the euro area remained at 6.4% in June, an area of ​​historic lows.

The selective started with slight gains but, shortly after, changed direction and fell sharply until stabilizing at noon below the 9,600 point level, thus moving away from its annual highs.

In Spain, the PMI index for the manufacturing sector worsened when a slight improvement was expected in July, although without ever leaving the contractionary terrain in which it has been maintained since April; while the same revised indicator for the euro area has also remained in recession and unchanged from the forecast data.

The hotelier Meliá Hotels International, which published its half-yearly accounts this Monday at market close, recorded a consolidated net profit of 46.2 million euros during the first half of this year, compared to 3.7 million in 2022, at the same time that revenues, excluding capital gains, increased by 22.7%, to 909.7 million euros.

In this context, the only increases within the Ibex 35 were recorded by Rovi (1.37%), IAG (1.13%), Grifols (1.05%) and Mélia Hotels (0.68%), while in On the opposite side, the most pronounced decreases were registered by BBVA (-1.94%), Fluidra (-1.59%), Banco Santander (-1.55%) and Sacyr (-1.54%).

The main European stock markets also marked negative corrections this Tuesday: London subtracted 0.52%; Frankfurt 0.91%; Paris 0.97% and Milan 1.12%.

At noon, the price of a barrel of Brent quality oil, a reference for the Old Continent, fell 0.5%, to $84.98, while Texas stood at $81.29, 0.6%. less.

In the currency market, the price of the euro against the dollar stood at 1.0976 'green bills', while the Spanish risk premium was around 102.3 basis points, with the interest required on the 10-year bond at 3.505%.