The Ibex 35 starts March above 9,400 points after rising 0.2% at the opening

MADRID, 1 Mar.

The Ibex 35 starts March above 9,400 points after rising 0.2% at the opening


The Ibex 35 has started the first session of the month of March with an advance of 0.2%, which has led the selective to exceed the level of 9,400 points, in a day in which business results continue to be known.

After closing yesterday at 9,394 points, the Madrid selective started the session this Wednesday at 9,416 integers, with the main European stock markets also positive.

In the early stages of the session on Wednesday, the biggest increase was recorded by Indra, whose shares appreciated by more than 3.5% at 9:10 a.m., up to 12.36 euros per share, after reporting yesterday, after closing of the market, that its net profit reached 172 million euros in 2022, 20% more, and that the dividend will increase to 0.25 euros, compared to 0.15 the previous year.

In addition to Indra, the rises of ArcelorMittal (2.8%), Amadeus (2.1%), Repsol (1.5%) and Meliá (0.8%) also stood out.

Among the declines in the selective, those of Acerinox and Colonial stood out, which in both cases fell by around 4% after also publishing, at the market close yesterday, their results for 2022.

Specifically, Acerinox obtained a net profit of 556 million euros last year, 2.7% less than in 2021, while Colonial reduced its profits by 98%, to 8 million euros, due to the accounting impact of the change in the value of your assets.

The main European markets also opened the day on Wednesday with advances: Paris, London and Frankfurt rose 0.2%, while Milan advanced 0.3%.

At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose to 83.87 dollars (0.5%), while Texas traded at 77.45 dollars, with a rebound of 0.5%.

In the foreign exchange market, the value of the euro against the dollar was placed at 1.0642 'green bills'. In the debt market, the interest required on the ten-year bond climbed to 3.737%.