The Ibex 35 maintains 11,100 points after dawning practically flat (-0.02%)

MADRID, 13 May.

The Ibex 35 maintains 11,100 points after dawning practically flat (-0.02%)


The Ibex 35 began this Monday's session, the first of the week, with a slight drop of 0.02%, which brought it to 11,103.2 points, in a day marked again by the publication of business results and after the elections in Catalonia, where the PSOE has been declared the winner, ahead of Junts.

Likewise, investors will continue to pay attention throughout the week to how BBVA's hostile takeover bid (OPA) for Banco Sabadell evolves.

Almirall reported before the market opening this Monday that it obtained a net profit of 7.4 million euros in the first quarter of the year, a figure 3.9% lower than that of the same period in 2023.

Also in the business field, EthiFinance Ratings, a European credit rating agency, has affirmed Audax Renovables' rating at 'BBB-' with a 'stable' trend.

This week starts with the Eurogroup meeting this Monday, while this Tuesday the Ecofin will meet and the United Kingdom unemployment and inflation data from Spain and Germany will be known.

In addition, on Wednesday, Eurostat will publish employment, GDP and industrial production data for the euro zone, while in the United States the evolution of inflation in April will be known.

The week will end on Friday with inflation data for the euro zone as a whole, as well as several indicators for China - housing prices, industrial production, retail sales and unemployment.

At the opening this Monday, the values ​​that rose the most were Logista (0.83%), Solaria (0.81%), Meliá Hotels (0.65%); IAG (0.52%) and Grifols, which advanced almost 0.51%, while on the opposite side were Rovi (-0.72%), Fluidra (-0.60%) and ACS (-0. 36%).

The main European stock markets opened today's trading session with mixed trends. Paris and London fell 0.03% and 0.01%, respectively, while Frankfurt and Milan appreciated 0.21% and 0.02%, respectively.

The price of a barrel of Brent quality oil, a reference for the Old Continent, fell 0.02% at the opening of the European markets, to 82.77 dollars, while Texas stood at 78.27 dollars. 0.01% more.

In the foreign exchange market, the price of the euro against the dollar remained at 1.0769 'greenbacks', while in the debt market the interest required on the 10-year Spanish bond fell to 3.292%.