The Ibex 35 moderates its fall to 0.36% and maintains 9,000 points after the rise of the ECB

MADRID, 4 May.

The Ibex 35 moderates its fall to 0.36% and maintains 9,000 points after the rise of the ECB


The Ibex 35 has moderated its fall to 0.36%, which has led it to maintain the level of 9,000 points at the end of the session this Thursday, after learning of the 25 basis point increase applied by the European Central Bank (ECB).

Specifically, the ECB has decided today to raise interest rates by 25 basis points, as expected by the market consensus, so that the reference rate for its refinancing operations will stand at 3.75%, while the deposit rate will reach 3.25% and the loan facility rate will reach 4%.

However, the president of the ECB, Christine Lagarde, has assured that the central bank's governing council is not considering pausing the current cycle of rate hikes. "It is very clear that the ECB is not pausing. We know there is still ground to be covered," she said.

It should be noted that yesterday the United States Federal Reserve (Fed) also announced a 25 basis point rise in the reference interest rates, although in its case, it opened the door to pausing the increases, depending on how the economy evolves. US.

In addition, investors have woken up with the data on unemployment and affiliation to the Social Security in Spain for the month of April: unemployment fell by 73,890 unemployed, while affiliation to the Social Security achieved its best April in history, with 238,436. new busy.

In this context, the Ibex 35 closed at 9,043.6 integers, with Solaria as a bullish value, recording a rise of 3.99%. They were followed by Rovi (2.18%), Acciona Energías Renovables (1.76%), Naturgy (1.65%) and Repsol (1.56%).

On the other hand, the falls of ArcelorMittal (-5.29%), Aena (-3.45%), Unicaja Banco (-3.11%), Banco Sabadell (-2.24%) and Sacyr (-2 ,twenty-one%).

In the continuous market, the rise of 13.83% of Applus stands out due to the possible interest of various venture capital funds in acquiring the company for a sum that would exceed 1,000 million euros.

The rest of the large European malls have closed with greater falls than those of the Spanish selective, with a fall of 0.51% in Frankfurt, 0.61% in Milan, 0.85% in Paris and 1.10% in London.

On its side, oil rebounded slightly after the hefty declines on Wednesday. Thus, a barrel of Brent was trading at $72.50, 0.25% more, while West Texas Intermediate (WTI) was at $68.56, 0.06% less.

The yield of the Spanish bond with a maturity of 10 years in the secondary debt markets reached 3.282% and the risk premium stood at 107 basic points.

In the foreign exchange market, the euro has depreciated by 0.48% against the dollar, trading at 1.1010 dollars for each euro.