The Ibex 35 is trading flat at midday with Puig's premiere in the background

MADRID, 3 May.

The Ibex 35 is trading flat at midday with Puig's premiere in the background

MADRID, 3 May. (EUROPA PRESS) -

The Ibex 35 was trading flat (0.05%) at midday this Friday, reaching 10,877 points, a moment that coincided with the stock market debut of the Catalan company Puig on the Spanish stock market, while investors' attention remains focused in BBVA and Banco Sabadell for their possible merger.

Specifically, the fashion and perfumery group Puig Brands debuted this Friday on the Spanish stock market with an increase of 8.2% compared to the price set in the initial placement of shares, standing at 26.5 euros. However, subsequently, the share has reached around 25 euros.

On the other hand, BBVA announced this Wednesday that to articulate the merger operation it offered Banco Sabadell an exchange of shares with a 30% premium over the price of the entity chaired by Josep Oliu at the close of Monday, before the price was known. interest.

In addition, CaixaBank has reported today, before the market opened, that it has carried out 85.33% of its share buyback in the seven weeks since this program began on March 14, the total amount of which amounts to 500 million euros.

Within the macroeconomic agenda, this Friday it was learned that Spain received more than 16.1 million international tourists in the first quarter of the year, which is 17.7% more than in the same period of 2023. according to data released by the National Institute of Statistics (INE).

At European level, it has been published that the unemployment rate in the eurozone stood at 6.5% last March and for the fourth consecutive month, the lowest in the entire historical series, while in the European Union as a whole Unemployment fell by one tenth, to 6%, also registering its all-time low, according to data published by Eurostat.

In the afternoon, the official US employment report for April will be released, one of the main references of the Federal Reserve (Fed) when evaluating the impact of monetary policy.

Given this situation, in the middle section of the negotiation, the biggest increases within the Ibex 35 were recorded by Solaria (2.69%), Sacyr (2.6%), Acciona Energía (2.34%) and Grifols (2.69%). .05%). On the opposite side were Aena (-3.55%), weighed down by the ex-dividend effect, Amadeus (-1.3%) and Mélia Hotels (-0.95%).

On the other hand, the Spanish stock market traded 110,371 million euros in variable income between January and April, which is 5.4% less than the volume registered in the same period of the previous year, according to the monthly balance of the markets operated by Spanish Stock Exchanges and Markets (BME) published this Friday.

The main European stock markets also recorded gains at midday: Milan added 0.4%; London 0.44%; Frankfurt 0.57% and Paris 0.7%.

At the same time, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose 0.3%, to 83.92 dollars, while that of Texas stood at 79.15 dollars, a 0.25% more.

In the foreign exchange market, the price of the euro against the dollar advanced by 0.15%, to 1.0741 'greenbacks', while in the debt market the interest required on the 10-year Spanish bond stood at 3.295% after subtracting two basis points, with the risk premium (the differential with the German bond) at 77.5 points.

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