The Ibex 35 fell 0.4% in the middle of the session, but remained above 8,100 integers

MADRID, 15 Nov.

The Ibex 35 fell 0.4% in the middle of the session, but remained above 8,100 integers


The Ibex 35 traded in the mid-session with a fall of 0.47%, which led it to stand at 8,127.9 integers, on a day in which investors will be awaiting various macro data, including the Spain's CPI, the third-quarter GDP of the eurozone and the ZEW index of investor confidence in Germany.

In Spain, the INE has confirmed that the CPI stood at 7.3% year-on-year in October, which means cutting the level registered in September, 8.9%, by more than one point, although it is almost two points more compared to the level of October 2021, when inflation stood at 5.4%. However, the data for the month of October is the lowest since January, when the interannual rate stood at 6.1%.

In addition, the statistical body has cut one tenth, from 0.4% to 0.3%, the monthly advance of the CPI initially estimated.

On the other hand, the euro area's GDP slowed down its rate of expansion between July and September to 0.2% from the 0.8% observed in the second quarter of the year, according to the estimate published by the community statistics office, Eurostat. This is the weakest growth rate for the euro zone economy since the first quarter of 2021.

In Germany, the Zew index has reached its highest level since June, going from -59.2 in September to -36.7 in October.

Returning to the Ibex 35, the largest increases were recorded by Banco Sabadell (2.66%), Endesa (1.84%), Acciona Energía (1.35%), Enagás (1.31%), Naturgy (1.01% ), CaixaBank (0.92%) and Red Eléctrica (0.79%). On the other hand, Cellnex (-5.09%), Grifols (-3.74%), ArcelorMittal (-2.01%), Telefónica (-1.91%), Amadeus (-1.58%) fell. and Meliá (-1.21%).

The rest of the European stock markets were trading with a mixed behavior. On the one hand, London and Paris appreciated, with advances of 0.06% and 0.28% respectively, while Frankfurt (-0.25%) and Milan (-0.24%) fell.

Likewise, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at a price of 92.52 dollars, with a decrease of 0.67%, while Texas stood at 85.06 dollars , with a fall of 0.94%.

Finally, the price of the euro against the dollar stood at 1.0431 'greenbacks', while the Spanish risk premium stood at 103 basis points, with the interest required on the ten-year bond at 3.098%.