The Ibex 35 trades unchanged (0.00%) in the mid-session in its attempt to avoid losses

MADRID, 27 Sep.

The Ibex 35 trades unchanged (0.00%) in the mid-session in its attempt to avoid losses


The Ibex 35 was trading unchanged (0.00%) at midday, reaching 9,366.7 points, and was trying to avoid losses after erasing a bullish momentum in the first hour of trading, which had allowed it to momentarily recover 9,400 integers. .

Before the opening of the Madrid selective it was known that the confidence of German consumers has registered a new deterioration of nine tenths for the month of October, according to the index prepared by GfK, which has stood at -26.5 points, compared to at -25.6 the previous month; Likewise, French consumer confidence has worsened more than expected in September and returned to the levels of last May.

In Spain, the National Institute of Statistics (INE) announced at the start of the trading day that the number of mortgages established on homes fell by 18.8% last July compared to the same month in 2022, totaling 29,223 loans. , with an average interest rate that continued to rise, reaching 3.24%, its highest figure since August 2016.

Investors will also be watching the speech today by the President of the Supervisory Board of the European Central Bank (ECB), Andrea Enria, in Milan, as well as the publication of US durable goods orders in August.

For its part, Telefónica's board of directors will meet this Wednesday to address, predictably, the entry of the Saudi group STC as the main shareholder of the Spanish operator after acquiring a 9.9% stake in the company.

Tomorrow the inflation data for Germany and Spain will be known, as well as the Gross Domestic Product (GDP) of the United States. For its part, on Friday attention will be focused on the evolution of the United Kingdom economy, inflation in the eurozone and unemployment in Germany.

In the middle section of trading this Wednesday, the biggest increases were led by the banks, since Banco Santander rose 1.85% after announcing a significant increase in its dividend; Banco Sabadell, 1.67%; BBVA, 1.1%; Aena, 1.05%; Repsol, 0.97% and Unicaja, 0.9%.

On the other hand, the biggest decreases were recorded by Amadeus (-2.08%), Acciona Energía (-1.94%), Cellnex (-1.8%) and Solaria (-1.57%).

The main European markets were also trading at midday with uncertainty and small movements, both up and down, so they remained practically at the closing levels of the day before: Paris added 0.1% and Milan, 0.03 %, while Frankfurt subtracted 0.11% and London, 0.22%.

At the same time, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose 1.07% and was close to 95 dollars, while Texas stood at 91.7 dollars, 1.45% further.

In the currency market, the price of the euro fell 0.13% against the dollar, to 1.0558 'greenbacks' - levels from mid-March -, while in the debt market the interest required 10-year Spanish bond fell to 3.854%.