The Ibex 35 loses 8,100 this Friday but gains almost 2% in the week

MADRID, 11 Nov.

The Ibex 35 loses 8,100 this Friday but gains almost 2% in the week

MADRID, 11 Nov. (EUROPA PRESS) -

The main indicator of the Spanish stock market, the Ibex 35, has lost the level of 8,100 points this Friday by falling 0.43%, but has gained 1.96% in the week thanks to the best inflation data in the United States.

Specifically, today 35.1 points have been left, equivalent to that 0.43%, with which the week ends at 8,098 integers. The rest of the European stock markets closed the session with a mixed sign: Paris rose 0.58%; Frankfurt, 0.56%, and Milan, 0.25%, while London left 0.78%.

At the close of the Spanish market, the Dow Jones left 0.78%, while the Nasdaq index gained 0.56%, and the S

Stock markets around the world have soared this week after the good data from the US CPI, which stood at 7.7% compared to the expected 8%, with which the increases developed during the month of October continue, as explained XTB analyst Darío García told Europa Press.

The good data "sowed positivity in the risk markets, which are beginning to discount that in the next and last monetary policy meeting, the US Federal Reserve (Fed) will increase rates by 50 basis points, instead of the 75 initially expected. after the last decision.

In the Spanish markets, the banks are the most affected by the CPI data, when this lower rise in interest rates is discounted, and together with Repsol and Telefónica, they mark the group of values ​​that close the week in negative, according to García .

On the contrary, Cellnex, Grifols and IAG have been the most bullish stocks, followed by Colonial and Solaria, all of them with double-digit increases in the week.

In raw materials, the depreciation of the US dollar, which has returned to levels above parity, has made it possible to see strong purchases in industrial and precious metals: nickel led the week with increases of more than 12%, followed by platinum with 10 %. Oil and natural gas, meanwhile, corrected during the week that ended along with agricultural raw materials.

This week has also been shaken in the cryptoactive market due to uncertainty about the cryptocurrency platform FTX, which has declared bankruptcy this Friday after Binance refused to acquire it. All this has caused bitcoin to fall back to levels not seen in two years.

Back to the Spanish selective, Acciona Energy has been the most bearish value of the Ibex 35 by leaving 4.85%, followed by Sacyr and Bankinter, who lost 3.78% and 2.98%, respectively. On the contrary, ArcelorMittal stands out among the gains by adding 5.63%. They are followed by Grifols and Fluidra, which recorded 4.31% and 2.13%, respectively.

In the continuous market, CAF has been the company in the Spanish market that has fallen the most, dropping 11.89%, while Técnicas Reunidas has led the rises, adding 13.15%.

The price of a barrel of Brent quality oil, a reference for the Old Continent, stood at a market closing price of 96.08 dollars, with an increase of 2.56%, while Texas stood at 89, 11 dollars, with a rise of 3.04%.

The price of the euro against the dollar stood at 1.0314 'greenbacks', while the Spanish risk premium stood at 101 basis points, with the interest required on the ten-year bond at 3.181%.

Looking ahead to next week, investors will be awaiting the CPI data for Spain, the UK and the GDP for the third quarter of the Eurozone. From the United States, the most important releases will be retail sales and industrial production indices.

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