The Ibex advances 2.45% driven by banks and is already setting its sights on recovering 9,100 points

MADRID, 21 Mar.

The Ibex advances 2.45% driven by banks and is already setting its sights on recovering 9,100 points

MADRID, 21 Mar. (EUROPA PRESS) -

The Ibex 35 has closed the session this Tuesday with an increase of 2.45%, reaching 9,049.4 points, in a day in which the bank has stood out with increases that are around or even exceed 5% compared to the Monday.

Investors remain attentive to the banking financial sector worldwide. In the United States, all eyes are on First Republic Bank, which could need a second bailout from the rest of the country's banks. On its side, in Europe, attention is focused on Credit Suisse, which in recent days was rescued thanks to an acquisition agreement by UBS with the backing of the Swiss government and central bank.

In addition, this Tuesday begins the meeting of the Federal Reserve (Fed) of the United States, which will end tomorrow and in which a new increase in interest rates of a quarter of a point could be decided.

Today, the publication of the indicator from the Leibniz Center for European Economic Research (ZEW, for its acronym in German) stands out, which shows that the confidence of German investors worsened in March, after five consecutive months of rises, as a result of the "strong pressure" in the financial markets.

Thus, Banco Sabadell has been the entity that has rebounded the most (7.46%), ahead of Grifols (5.59%), BBVA (5.39%), CaixaBank (5.19%), Bankinter ( 5.02%), Unicaja Banco (4.67%) and Banco Santander (4.67%).

On the other hand, Meliá dropped 2.06% in the session, ahead of -0.91% for Merlin, -0.72% for Enagás, -0.69% for Fluidra and -0, 57% of Solaria.

In relation to Spanish banking, the director of financial investments of Mutualidad de la Abogacía, Pedro del Pozo, has assessed that "banks in general, and, more specifically, Spanish banks, are in a situation of balance and incomparably more creditworthy control than a decade and a half ago," given the possible impacts of the Credit Suisse collapse.

The rest of the indices of the large European markets have closed positive this Tuesday. The Italian FTSE MIB rose 2.53%, while the German DAX rose 1.75% and the French CAC 40 rose 1.42%. Likewise, the Euro Stoxx 50 has registered an increase of 1.51%, while the British FTSE 100 has grown by 1.79%.

In raw materials, the Brent barrel has advanced 0.91%, up to 74.46 dollars, while the West Texas Intermediate has stood at 68.48 dollars, 1.24% more.

On the other hand, the yield registered in the secondary debt markets has risen to 3.330%, from 3.197% on Monday. Thus, the risk premium has fallen by 3.3 points, to 103.9 basis points.

In the currency market, the euro has appreciated by 0.43% against the dollar, so that the exchange rate has reached 1.0767%, from the previous 1.0721.

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