The Ibex 35 reaches 10,700 points at the opening, after the IPC of Spain

MADRID, 12 Abr.

The Ibex 35 reaches 10,700 points at the opening, after the IPC of Spain

MADRID, 12 Abr. (EUROPA PRESS) -

The Ibex 35 began this Friday's session, the last of the week, with a rise of 0.56%, which brought it to 10,709.7 points, in a day marked by the publication of data from final inflation for March in Spain and by the decision made yesterday by the European Central Bank (ECB) to maintain interest rates at 4.50%.

At the beginning of today's session it was known that the Consumer Price Index (CPI) rose 0.8% in March compared to the previous month and raised its interannual rate four tenths, to 3.2%, due to the rise in the price of electricity due to the increase in VAT on electricity, fuel and tourist packages, which increased their prices coinciding with the celebration of Holy Week, according to the definitive data published by the National Institute of Statistics (INE).

It was also published that the Gross Domestic Product (GDP) of the United Kingdom registered an expansion of 0.1% last February compared to the previous month, when it had grown by 0.3%, which encourages expectations of exit from the recession of the second largest European economy, according to data from the Office for National Statistics (ONS).

Investors will also be awaiting the Ecofin meeting, as well as the final estimate of the CPI data in the eurozone and the start of the results season in the United States, with the presentation of the accounts of the main investment banks.

In the business field, Telefónica is holding its general meeting of shareholders and one of the proposals that the company will present will be the approval of a long-term incentive plan consisting of the delivery of shares to the group's directors for a maximum amount of 200 million of euros.

CaixaBank, for its part, has carried out 48.54% of its share buyback in the four weeks since this program began on March 14, the total amount of which amounts to 500 million euros, as reported this Friday to the National Securities Market Commission (CNMV).

In the early stages of this session, the biggest increases within the Ibex 35 were recorded by IAG (1.77%), Grifols (1.70%), Unicaja Banco (1.41%), Solaria (1.24%). and ArcelorMittal (1.21%), while the 'red lanterns' were Banco Sabadell (-1.26%), Naturgy (-0.29%) and Indra (-0.22%).

The main European stock markets opened this Friday with a positive sign, with increases of 0.94% for Paris and Frankfurt, 0.88% for Milan and 0.8% for London.

At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose 0.77%, to 90.43 dollars, while that of Texas stood at 85.81 dollars , 0.93% more.

In the foreign exchange market, the price of the euro against the dollar advanced to 1.0712 'greenbacks', while in the debt market the interest required on the 10-year Spanish bond climbed to 3.276%.

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