MADRID, 28 Ago. (EUROPA PRESS) -
The Ibex 35 has closed the session with an advance of 1.62%, which has led it to stand at 9,490.1 points, thus recovering part of what was lost during the month of August.
Specifically, the selective has been at its highest level since last August 10, when it stood at 9,502.20 integers. Today's session was also marked by an impact on the dissemination of the index values, although the values by companies are available on the Spanish Stock Exchanges and Markets (BME) website.
Thus, the highest increases at the close were registered by Colonial (4.05%), Santander (2.95%), Inditex (2.19%), Acciona (2.10%) and Acciona Energía (2.00%) . Only Indra (-0.62%), Logista (-0.32%) and Fluidra (-0.20%) finished negative.
Today's session has had few references, except for the GDP data provided by the Organization for Economic Cooperation and Development (OECD), which registered an expansion of 0.4% in the second quarter of 2023, one tenth less than growth of 0.5% in the first three months of the year.
However, investors are processing today the speeches of the president of the Federal Reserve of the United States (Fed), Jerome Powell, and the president of the European Central Bank (ECB), in the traditional meeting of central bankers in Jackson Hole.
Powell, who spoke at this symposium last Friday just an hour and a half before the European stock markets closed, took the opportunity to warn that, despite the fact that the inflation rate has moderated recently, "it is still too high". , for which he assured that the US central bank is ready to raise interest rates if necessary.
"We are prepared to raise rates further if appropriate and intend to keep policy tight until we are confident that inflation is sustainably declining towards our target," he said.
For her part, Lagarde, who spoke at the Jackson Hole summit after the European markets closed, stressed that the tightening of monetary policy is making progress, although she warned that "the fight against inflation has not yet been won."
In the current environment, for the ECB this means setting interest rates "at sufficiently restrictive levels for as long as necessary" to achieve a timely return of inflation to the 2% medium-term target, Lagarde stressed.
Precisely, this week the markets will be very attentive to the publication of the CPI data for the euro area and several European countries, such as Germany and Spain, as well as the quarterly GDP of the United States.
The main European indices have also risen at the close, with increases of 1.32% in Paris, 1.19% in Milan, 1.03% in Frankfurt and 0.07% in London.
On the other hand, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose 0.11%, to 84.57 dollars, while Texas stood at 80.16 dollars, 0.41 % less.
In the foreign exchange market, the price of the euro against the dollar remained at 1.0808 'green bills', while in the debt market the interest demanded on the 10-year Spanish bond fell to 3.575% and the risk premium remained at 102 basis points.
