The Ibex 35 starts September slightly higher awaiting the PMI and employment data in the US

MADRID, 1 Sep.

The Ibex 35 starts September slightly higher awaiting the PMI and employment data in the US

MADRID, 1 Sep. (EUROPA PRESS) -

The Ibex 35 has started the session this Friday, the first of the month of September, with a slight rebound of 0.06%, which has taken the selective up to 9,511 points, after closing the month of August at 9,505.9 whole.

Investors today expect a battery of manufacturing PMIs in Spain, Germany, France, Italy, the United Kingdom and the United States, among other countries. In addition, the quarterly GDP of Italy will be known, as well as the non-farm payrolls and the unemployment rate of the United States.

In China, its Central Bank has carried out this Friday a reverse repurchase operation or 'repo' for which it has injected 101,000 million yuan (about 12,838 million euros) to banking entities to expand their liquidity, while at the same time announced that it will cut by two points, up to 4%, the rate of compulsory foreign currency reserves for financial institutions, a measure that will be applied from next September 15.

Regarding the future movements of interest rates in Europe, the vice president of the European Central Bank (ECB), Luis de Guindos, stated yesterday, after the closure of the European markets, that the rise in interest rates is in its " final stretch".

After the negative close of Wall Street yesterday and the Hong Kong Stock Exchange paralyzed by the arrival of a super typhoon, the main European markets began September with a mixed sign.

Thus, Frankfurt and Paris were contrary to Madrid and woke up with a decline of 0.1%, while Milan opened practically flat. London, for its part, opted for increases and advanced 0.2% at the opening.

In the early stages of this Friday's session, the biggest increases in the Ibex 35 were recorded by Repsol (2%), Sabadell (1.2%); BBVA (0.67%) and Bankinter and Meliá Hotels, both values ​​with a rise of 0.66%.

In contrast, the greatest decreases were recorded by Naturgy (-0.90%), Iberdrola (-0.50%), Cellnex (-0.45%), ACS (-0.32%) and Grifols (-0. 16%).

At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose 0.2%, to $87.03, while Texas stood at $83.77, a 0.17% more.

In the currency market, the price of the euro against the dollar advanced to 1.0852 'green bills', while in the debt market the interest demanded on the 10-year Spanish bond climbed to 3.505%.

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