The Ibex 35 hesitates in the mid-session, on the verge of 9,300 points

MADRID, 17 Oct.

The Ibex 35 hesitates in the mid-session, on the verge of 9,300 points

MADRID, 17 Oct. (EUROPA PRESS) -

The Ibex 35 was hesitant in the mid-session, close to 9,300 points, in a day marked once again by the conflict between Israel and the Islamic Resistance Movement (Hamas).

Investors learned today that the confidence of German investors has improved substantially in October, according to the indicator of the Leibniz Center for European Economic Research (ZEW, for its acronym in German), which has stood at -1.1 points since -11.4 from the previous month, suggesting that "the lowest point has been passed."

Investors are awaiting the meeting of Ministers of Economy and Finance of the European Union (Ecofin), in Luxembourg, where work is being done to advance a possible future agreement on fiscal rules and where the candidacy of the First Vice President and Minister of Foreign Affairs Economics and Digital Transformation in office, Nadia Calviño, as president of the European Investment Bank (EIB), could win a lot.

In Spain, the Spanish Public Treasury launched this Tuesday a new fifteen-year bond linked to inflation, the first issue of this type to be held since 2018. It is the first auction to be held after Calviño announced that Spain will reduce the debt issuance planned for 2023 by 5,000 million euros.

Added to these references is the third quarter results season, which has already begun in the United States and in Spain Bankinter will be in charge of giving the 'exit signal' this Thursday.

In this context, the Ibex 35 was trading at 9,280 integers (-0.08%) with Acciona Energía (3.89%), Sacyr (2.07%), Acciona (1.78%), Merlin (0.93 %), IAG (0.86%) and Meliá (0.83%) as the largest increases. On the other hand, the decreases in ArcelorMittal (-1.99%), Acerinox (-1.15%), Amadeus (-0.64%) and Banco Santander (-0.56%) stood out.

The main European stock markets were trading with a negative sign, with decreases of 0.17% in Frankfurt, 0.06% in Milan and 0.04% in Paris. Only London rose 0.36%.

On the other hand, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 90.06 dollars, 0.46% more, while that of Texas rose 0.33%, to $86.95.

In the currency market, the price of the euro against the dollar stood at 1.0557 'greenbacks', while the Spanish risk premium was around 112.3 basis points, with the interest required on the bond at 10 years at 3.927%.

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