The Ibex 35 holds over 8,300 points with a rise of 0.23% in the half session

MADRID, 30 Nov.

The Ibex 35 holds over 8,300 points with a rise of 0.23% in the half session


The Ibex 35 rose 0.23% in the mid-session this Wednesday, to settle at 8,341.5 points, on a day marked by the publication of various macro data, including advance data on the CPI for the euro area and the United States GDP.

The year-on-year inflation rate in the euro area stood at 10% in November, which implies a drop of six tenths compared to the historical record registered in October, according to preliminary information published by the community statistics office, Eurostat, which indicates Spain as the eurozone country where prices rose less intensely, with 6.6%.

"The drop in inflation represents the first cut in the rate since May 2021. The data is positive and should be welcomed by the market. In any case, inflation continues to be one of the main problems of the European economy and the The ECB has little room for maneuver to soften its approach We expect the ECB to continue raising rates both at its last meeting this year (we estimate 50 basis points on December 15) and throughout the first half of the year 2023", Bankinter analysts have pointed out.

On the other hand, the selective was awaiting the appearance of the president of the Federal Reserve (Fed) of the United States, Jerome Powell.

The largest increases in the Ibex 35 were presented by Acciona Energía (3.64%), Fluidra (2.49%), PharmaMar (2.45%), Acciona (1.88%), Meliá (1.68%), Grifols (1.57%), Solaria (1.26%) and Naturgy (0.84%).

On the contrary, Colonial (-2.26%), Merlin (-1.77%), Indra (-0.8%), Bankinter (-0.69%), Amadeus (-0, 55%), BBVA (-0.46%) and Telefónica (-0.39%).

The rest of the European stock markets also maintained the gains in the mid-session, of 0.58% in London, 0.57% in Paris, 0.35% in Frankfurt and 0.39% in Milan.

The price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 85.26 dollars, with a rise of 2.69%, while Texas stood at 80.11 dollars, with a rise of 2.44%.

Finally, the price of the euro against the dollar stood at 1.0355 'greenbacks', while the Spanish risk premium stood at 99 basis points, with the interest required on the ten-year bond at 2.297%.