The Ibex 35 rises 0.11% in the middle of the session and advances above 7,900 points

MADRID, 7 Nov.

The Ibex 35 rises 0.11% in the middle of the session and advances above 7,900 points

MADRID, 7 Nov. (EUROPA PRESS) -

The Ibex 35 turned around and rose 0.11% in the mid-session on Monday, allowing it to comfortably stay above the 7,900-point barrier.

The week will continue to be marked by the inflation outlook, so the CPI data for the month of October in the United States that will be published this Wednesday could mark the behavior of the stock markets. Inflation data will also be published in Germany and, at the business level, the publication of results will continue.

On the day of this Monday, the ministers of Economy and Finance of the eurozone will evaluate the budget packages and the measures adopted by the different Member States to alleviate the effect of the energy crisis, while they hope to "continue progressing towards more effective measures" .

In addition, it has been known that the Eurozone Sentix Investor Confidence Index has recovered more than expected in November, although it remains at historically low levels.

In this scenario, the Ibex 35 stood at 7,951.5 points at twelve noon, with Meliá (4.05%), Sacyr (3.76%), IAG (2.96%), CaixaBank (2, 15%), Arcelormittal (2.15%), Mapfre (1.42%) and Sabadell (1.25%) at the head of the promotions.

In the negative area, the falls of Enagás (-1.4%), Naturgy (-0.99%), Telefónica (-0.94%), Ferrovial (-0.76%), Cellnex (-0, 49%) and Santander (-0.47%).

The rest of the European stock markets showed falls in the case of London (-0.13%) and advances in Paris (0.1%), Frankfurt (0.86%) and Milan (0.5%).

Likewise, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 98.48 dollars this Monday, with a decrease of 0.07%, while Texas stood at 92.48 dollars, with a drop of 0.14%.

Finally, the price of the euro against the dollar stood at 0.9984 'greenbacks', while the Spanish risk premium stood at 105 basis points, with the interest required on the ten-year bond at 3.311%.

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