The Ibex accelerates in the half session and exceeds 8,500 points

MADRID, 4 Ene.

The Ibex accelerates in the half session and exceeds 8,500 points

MADRID, 4 Ene. (EUROPA PRESS) -

The Ibex 35 has maintained the upward course registered in the early stages of the trading day this Wednesday, in such a way that it has exceeded the level of 8,500 points, reaching 8,525.8 (1.53%), after a morning in which the international trade data for Germany and the PMIs for the euro area and Spain have been released.

According to data published by the German Federal Statistical Office (Destatis), the German country's import price index registered a record drop of 4.5% last November compared to the previous month, thus accumulating three consecutive months to the drop, while exports became cheaper by 0.5%.

On the other hand, the decline in private sector activity in the euro area moderated substantially in December, when the Purchasing Managers Composite Index (PMI) stood at 49.3 points from 47.8 the previous month, which which suggests that the contraction in the economy "may be milder than initially anticipated."

In this sense, the PMI composite index for Spain registered an improvement of three tenths to close 2022 at 49.9 points, on the verge of breaking even.

Among the values ​​that have stood out this Wednesday towards the mid-session due to their increase are Endesa (3.36%), Banco Sabadell (2.75%), BBVA (2.73%), Inditex (2.64%) and Unicaja Bank (2.59%). On the other hand, only five values ​​have registered negative evolutions: Repsol (-1.68%), Amadeus (-0.30%), Meliá (-0.29%), Acciona Energías Renovables (-0.22%) and Solaria (-0.14%).

The good stock market performance has also been noted in the rest of the European markets, with the German DAX advancing 1.21%, while the French CAC40 registered a rise of 1.50% and the Italian FTSE MIB observed a rise of 1. 08% The Euro Stoxx 50 appreciated 1.55% towards the mid-session, while the British FTSE 100 rose 0.46%.

On the other hand, a barrel of Brent, a reference in Europe, fell 2.57%, to 79.99 dollars, while its US counterpart, West Texas Intermediate (WTI), stood at 74.94 dollars, 2.60% less.

The cross of the euro against the dollar has improved slightly for the European currency, reaching an exchange rate of 1.0620 dollars for each euro around 12.00, compared to the 1.0598 registered at the opening. The Spanish risk premium has evolved downward, reaching 104.6 basis points, two points less than those registered at the close of Tuesday.

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