The Ibex 35, the main indicator of the Spanish market, began this Wednesday’s session with a rise of 0.47%, which has taken it to 10,866.9 points, in a day in which investors will be attentive to the inflation data from the United States in March, as well as the latest minutes of the Federal Reserve (Fed).

On the business front, Grifols has assured the National Securities Market Commission (CNMV) that it will allocate the proceeds from the sale of 20% of its stake in Shanghai RAAS Blood to Haier, through its subsidiary Qingdao Medical Haier Medical Technology, to reduce secured debt.

Ercros, for its part, has informed the supervisor that it has hired Evercore Partners International as financial advisor and Uría Menéndez Abogados as legal advisor, to provide assistance to the board of directors during the public takeover bid (OPA) process presented by the company. Portuguese chemical firm Bondalti, owned by the José de Mello group, over the Spanish company.

BBVA will pay this Wednesday a complementary dividend of 0.39 euros per share, which represents an increase of 26% compared to what it paid in 2023, and will distribute a total of 2,276 million euros among its shareholders.

In addition, Banco Sabadell will hold its shareholders meeting this Wednesday where it will vote on the appointment of a new independent director, Ana Colonques, and the payment of a complementary dividend, charged to 2023 results, of 0.03 euros per share.

In the early stages of this session, the biggest increases within the Ibex 35 were recorded by Merlin Properties (1.93%), Amadeus (1.58%), Redeia (1.55%), Grifols (1.27%). and ArcelorMittal (1.09%), while the ‘red lanterns’ were Colonial (-0.18%), Inditex (-0.14%) and Meliá Hotels (-0.07%).

The main European stock markets opened this Wednesday in ‘green’, with increases of 0.70% for Frankfurt, 0.61% for Milan, 0.57% for London and 0.49% for Paris.

At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose 0.4%, to 89.77 dollars, while that of Texas stood at 85.58 dollars , 0.41% more.

In the foreign exchange market, the price of the euro against the dollar advanced to 1.0853 ‘greenbacks’, while in the debt market the interest required on the 10-year Spanish bond climbed to 3.188%.