The Ibex 35 rose 0.67% in the mid-session and recovered the level of 11,100 points

MADRID, 4 Abr.

The Ibex 35 rose 0.67% in the mid-session and recovered the level of 11,100 points


The Ibex 35 recovered the level of 11,100 points in the mid-session, rising to 11,106.7 integers, which is equivalent to an increase of 0.67%, waiting to have more clues about the monetary policy of the Central Bank European Union (ECB), which this Thursday will publish the minutes of its last meeting.

Yesterday, the governor of the Bank of Spain, Pablo Hernández de Cos, indicated that his central scenario contemplated the first reduction in interest rates by the ECB in June.

It was also known this Thursday that activity in Spain's services sector accelerated again in March, as reflected by the PMI index, which rose to 56.1 points from 54.7 the previous month, which represents the best reading of the data. from May 2023.

For its part, the activity of the private sector in the euro zone returned to expansionary territory last March for the first time since May 2023, thanks to the boost coming from the economies of Spain or Italy, as well as a less negative evolution in France and Germany.

In the debt markets, the Spanish Public Treasury has placed 6,568 million euros in an issue of bonds and State obligations, in the high range expected, and has done so by raising the profitability offered to investors by the 10-year reference.

In this context, Endesa was the main bullish value (2.04%), followed by Grifols (1.95%), Solaria (1.91%), BBVA (1.90%), Banco Santander (1.51% ), CaixaBank (1.48%), Banco Sabadell (1.25%) and Unicaja (1.21%).

On the other hand, Ferrovial and ACS were the stocks with the worst performance (-0.67%), followed by Amadeus (-0.49%), Indra (-0.26%), Cellnex (-0.19%) and Aena (-0.06%).

The evolution of the rest of the main European stock markets was uneven: London advanced by 0.40% and Paris advanced by 0.02%, while Frankfurt fell by 0.01% and Milan, by 0.08%.

In the raw materials market, a barrel of Brent stood at $89.39, up 0.04%, while West Texas Intermediate (WTI) reached $85.51, up 0.09%.

In the bond market, the yield on the Spanish bond with a 10-year maturity stood at 3.217%, below the 3.256% observed at the close. In this way, the risk premium against German debt fell by 1.9 points, to 84.2 basis points.

In the foreign exchange market, the euro appreciated 0.20% against the dollar, until trading at an exchange rate of 1.0858 'greenbacks' for each unit of the community currency.