The Ibex 35 moderates the increases at midday to 0.17% due to Grifols (-4%) but consolidates the 10,500 points

MADRID, 14 Mar.

The Ibex 35 moderates the increases at midday to 0.17% due to Grifols (-4%) but consolidates the 10,500 points

MADRID, 14 Mar. (EUROPA PRESS) -

The Ibex 35 moderated the opening increases at midday to 0.17%, reaching 10,577.6 points - the highest in January 2018 -, weighed down by Grifols, which fell 4.68% after the agencies credit rating S

At the beginning of trading this Thursday, it was learned that the Consumer Price Index (CPI) rose 0.4% in February compared to the previous month and cut its interannual rate by six tenths, to 2.8%, due to the cheaper electricity and food, which grew at their lowest rate in two years, according to definitive data from the National Institute of Statistics (INE).

In the afternoon, production price and retail sales data for February will be released in the United States. "The first will be important to analyze the state of the American consumer, the engine of North American economic resilience; the second will serve to analyze whether business costs support the path towards the 2% inflation objective," explained the Banking analysts. March.

In addition, the markets will be attentive to the appearances of the vice president of the European Central Bank (ECB), Luis de Guindos, and the members of the organization, Frank Elderson and Isabel Schnabel.

In the business field, Ferrovial, through its toll road subsidiary Cintra, has agreed to acquire 24% of IRB Infrastructure Trust from GIC, Singapore's sovereign fund, for a total of 740 million euros.

For its part, Iberdrola's Brazilian subsidiary, Neoenergia, has launched an offer to acquire 6.89% of the capital of its subsidiary Neoenergia Cosern for 163 million Brazilian reals (about 30 million euros).

Given this situation, in the middle section of the negotiation, the biggest increases within the Ibex 35 were recorded by Solaria (7.27%), Acciona (3.1%), Acciona Energía (2.97%) and Inditex (1 .88%), while the 'red lanterns' were Grifols (-4.68%), IAG (-1.64%), Acerinox (-1.3%) and Cellnex (-0.95%).

The majority of European stock markets were favoring advances at midday: Frankfurt added 0.26%; Milan 0.3% and Paris 0.85%, while London fell 0.1%.

At the same time, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose 0.6%, to 84.53 dollars, while that of Texas stood at 80.35 dollars, a 0.8% more.

In the foreign exchange market, the price of the euro against the dollar advanced to 1.094 'greenbacks', while in the debt market the interest required on the 10-year Spanish bond fell to 3.135% after subtracting two basis points, with the risk premium (the differential with the German bond) at 77.5 points.

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