The Ibex 35 opens slightly higher thanks to the banks but remains below 10,600 points

MADRID, 17 Abr.

The Ibex 35 opens slightly higher thanks to the banks but remains below 10,600 points


The Ibex 35 began this Wednesday's session with a slight advance of 0.07%, to 10,534 points, which just two minutes later expanded to 0.2%, with the selective reaching over 10,550 points, after the fateful day yesterday, in which it lost 1.5% due to tensions in the Middle East and doubts about when interest rates will fall.

Investors will be waiting this Wednesday for the publication of new business results in Europe and the United States, such as those of Volvo and Abbot, as well as the CPI for the eurozone, among other macro indicators.

At the moment, before the market opened, it was known that the interannual inflation rate in the United Kingdom stood at 3.2% in March, two tenths below the rise in prices recorded in February and the lowest reading of the index since September 2021.

In the early stages of the session, the biggest increases within the Ibex 35 were recorded by the banks, with the exception of Unicaja, which dropped more than 3%.

Specifically, Sabadell and CaixaBank led the rises, with a rise of more than 1.1% at 9:10 a.m., followed by BBVA (1%), Santander (0.9%) and Bankinter (0.6%). Sayr also joined the 'party', whose shares rose 1.2%.

On the decline side, those of Repsol and Amadeus stood out, which lost almost 0.5%, and Amadeus, which lost 0.45%. Naturgy, which yesterday posted a rise of more than 3% after recognizing Criteria that is studying the entry of new investors in the energy sector, today opened with the stock practically flat.

The main European stock markets opened this Wednesday's session with a mixed sign. Frankfurt woke up flat, London lost 0.2%, and Paris and Milan rose more than 0.3%.

At the beginning of the trading session, the price of a barrel of Brent, the reference oil for Europe, fell 0.3%, to $89.73, while the price of West Texas Intermediate crude, the reference for the United States United States, fell almost 0.4%, to $85.03.

In the foreign exchange market, the price of the euro against the dollar advanced to 1.0632 'greenbacks', while in the debt market the interest required on the 10-year Spanish bond moderated to 3.325%.