The Ibex 35 rises 1.06% and consolidates above 9,400 points while waiting for the Fed

MADRID, 14 Jun.

The Ibex 35 rises 1.06% and consolidates above 9,400 points while waiting for the Fed


The Ibex 35 has closed the session this Wednesday at 9,432.8 points, which represents an increase of 1.06% compared to Tuesday, thus leaving investors awaiting the monetary policy decisions adopted by the Federal Reserve of the United States (Fed) this Wednesday and the European Central Bank (ECB) on Thursday.

This Wednesday it has been known that the GDP of the United Kingdom grew by 0.1% in the three months to April compared to the three months to January 2023. Likewise, wholesale prices in Germany registered a year-on-year drop of 2.6% last May, after the 0.5% drop in April, which represents the largest correction in wholesale inflation since July 2020.

For its part, the International Energy Agency (IEA) has indicated that the growth of global oil demand will slow "to almost a halt" over the next few years, while the transition to cleaner energy accelerates, which allows us to glimpse the "peak" of world crude oil consumption towards the end of this decade.

In this context, Grifols has finally closed the day with a 6.78% rise in its price, after having announced that it is considering selling a percentage of its stake in Shagai RAAS. Behind were BBVA (3.74%), Banco Sabadell (2.15%), Aena (2.10%), Solaria (1.85%) and CaixaBank (1.84%).

Among the values ​​that have fallen the most in the selective were Rovi (-0.70%), Acciona Energías Renovables (-0.51%), ACS (-0.48%), Fluidra (-0.44%), Merlin (-0.38%) and Telefónica (-0.36%).

The dynamism has been shared in the rest of the European markets, with the German DAX rising 0.49%; the French CAC 40, 0.52%; the Italian FTSE MIB, 0.88%; and the British FTSE 100, 0.10%.

In the raw materials market, a barrel of Brent stood at 73.62 dollars at the close of the European trading session, 0.85% less, while West Texas Intermediate fell 1.01%, to $68.72.

In the debt market, the yield on the Spanish bond with a maturity of 10 years stood at 3.407%, above the 3.369% registered at the close of Tuesday. Thus, the risk premium has risen by one point, to 95.6 basis points.

In the foreign exchange market, the euro appreciated 0.60% against the dollar, reaching 1.0858 'green tickets' for each unit of the community currency.