The Ibex 35 revalued 1.6% at closing and reached 8,300 points, its highest level since August

MADRID, 22 Nov.

The Ibex 35 revalued 1.6% at closing and reached 8,300 points, its highest level since August


The Ibex 35 has risen 1.67% this Tuesday at the close, which has allowed it to reach 8,325.0 integers, its highest level since mid-August, in a day that has been marked by the forecasts of the OECD and due to the evolution of new Covid cases in China, a country that has applied restrictions that affect a fifth of the population.

The Organization for Economic Cooperation and Development (OECD) has published this Tuesday a new edition of its biannual report 'Economic Outlook', in which it estimates that Spain will grow by 4.7% in 2022, three tenths more than its forecasts previous years, and 1.3% in 2023, two tenths less.

On the other hand, the measures approved today by the Government, and which have been agreed with the banking sector and the Bank of Spain, will seek to improve the treatment of vulnerable families, opening a new framework of temporary action for families at risk of vulnerability. due to the rise in rates and adopting improvements, of a general nature, to facilitate the early repayment of loans and the conversion of fixed-rate mortgages.

In addition, the price of a barrel of Brent oil has again exceeded 88 dollars, after Saudi Arabia has rejected the information published this Monday in reference to an increase in the supply of crude oil from the Organization of Petroleum Exporting Countries (OPEC). and their allies, led by Russia.

In this context, Repsol stood out with a rise of 6.83%, followed by CaixaBank (3.99%), Indra (3.58%), Santander (3.29%), Bankinter (3.00%), Sabadell (2.94%), ArcelorMittal (2.55%) and Rovi (2.40%).

Only Cellnex (-1.14%), whose shares were trading today without the right to receive the next dividend that will be paid on November 24, Meliá (-0.40%), Fluidra (-0.14%), closed negatively. and Colonial (-0.09%).

The rest of the European indices closed positive, with an increase of 1.03% in London, 0.35% in Paris, 0.29% in Frankfurt and 0.96% in Milan.

The barrel of Brent quality oil, a reference for the Old Continent, stood at a price of 89.32 dollars, with a rise of 2.15%, while Texas stood at 81.70 dollars, with a rise of 2.09%.

Finally, the price of the euro against the dollar stood at 1.0270 'greenbacks', while the Spanish risk premium stood at 100 basis points, with the interest required on the ten-year bond at 2.967%.