The Ibex 35 maintains its advance of 0.4% in the half session

MADRID, 5 Abr.

The Ibex 35 maintains its advance of 0.4% in the half session

MADRID, 5 Abr. (EUROPA PRESS) -

The Ibex 35 maintained its advance of 0.45% in the mid-session, which led it to continue at the level of 9,200 integers, in a day where investors are awaiting various macroeconomic references, such as the composite PMI and a new US employment report.

On the one hand, it has been known that private activity in Spain grew for the third consecutive month in March, when the composite PMI index rose to 58.2 points from 55.7 the previous month, which represents the best reading of the data since November 2021. In the euro area as a whole, private sector activity growth also accelerated to 10-month highs, with a composite PMI reading of 53.7, up from 52 the previous month.

In Spain, it has been known that industrial production fell by 0.8% year-on-year last February, a rate 2.2 points lower than that of January. This data means that industrial activity in the country returns to negative interannual rates, after registering a rise of 1.2% in January.

Additionally, this Wednesday will also take place the annual meeting of shareholders of UBS, the Swiss bank that rescued Credit Suisse.

On the other hand, after the closing of the stock market session yesterday, Iberdrola announced an agreement whereby it undertakes to sell part of its Mexican business to the State of Mexico for about 6,000 million dollars (about 5,478 million euros), an amount that It could be modified depending on the closing date of the transaction and other possible usual adjustments in this type of agreement, the company reported.

In this context, the Ibex 35 stood at 9,224.5 integers with Acciona (3.13%), Cellnex (2.79%), Iberdrola (1.97%), Red Eléctrica (1.54%) and Naturgy (1.43%) leading the rises. On the other hand, Colonial (-2.24%), Sabadell (-2.16%), Merlin (-1.88%), Bankinter (-1.83%) and ArcelorMittal (-1.24%) were the most prominent falls.

The main European stock markets traded with slight cuts of 0.36% in Frankfurt, 0.35% in Milan and 0.28% in Paris. Only London advanced 0.31% in the half session.

On the other hand, the price of a barrel of Brent quality oil, a reference for the Old Continent, fell 0.19%, to 84.78 dollars, while Texas stood at 80.49 dollars, 0. 27% less.

In the foreign exchange market, the price of the euro against the dollar stood at 1.0952 'green bills', while the Spanish risk premium was around 103 basis points, with the interest required on the 10-year bond in the 3,320%.

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