The Ibex 35 starts the week with a 1% rise and stands above 7,600 pending the ECB

MADRID, 24 Oct.

The Ibex 35 starts the week with a 1% rise and stands above 7,600 pending the ECB

MADRID, 24 Oct. (EUROPA PRESS) -

The Ibex 35 has started this Monday's session with a 1% rise, which has led the selective to stand at 7,623 integers at 9:01 a.m., in a week in which the market will be attentive to the meeting of the Board of Government of the European Central Bank (ECB), in which a new rise in interest rates is expected.

This week will also release new economic data such as third quarter GDP and inflation for the month of October in Germany, consumer confidence and third quarter GDP in the United States.

At the business level, Enagás, Iberdrola, Santander, Aena, PharmaMar, Repsol, Ferrovial, Sabadell, Acerinox, BBVA, CaixaBank, IAG and Mapfre are expected to announce their results.

In this way, after falling 1.29% in Friday's session and rising 2.21% in the week, the Madrid selective began the session above the psychological level of 7,600 points, after learning that the domestic product China's gross domestic product (GDP) registered a growth of 3.9% in the third quarter compared to the same period of the previous year, as well as in relation to the second quarter of the year.

In the early stages of this Monday's session, the biggest increases were scored by Santander (2%), BBVA (1.8%), Sabadell (1.38%), Amadeus (1.24%), Telefónica (1 .14%) Sacyr (0.96%) and Inditex (0.87%), while on the opposite side were Repsol (-0.73%) or Grifols (-0.26%).

The rest of the European stock markets also opened higher with increases of 1% for Frankfurt, 0.8% for Paris and 0.2% for London.

Likewise, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood this Friday at a price of 90 dollars, with a decrease of 0.89%, while Texas stood at 84 dollars, with a drop of 0.88%.

Finally, the price of the euro against the dollar stood at 0.9855 'greenbacks', while the Spanish risk premium stood at 111 basis points, with the interest required on the ten-year bond at 3.435%.

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