The Ibex closes January with a rise of 9.8%, exceeding 9,000 points

MADRID, 31 Ene.

The Ibex closes January with a rise of 9.8%, exceeding 9,000 points

MADRID, 31 Ene. (EUROPA PRESS) -

The Ibex 35 has closed the month of January this Tuesday at 9,034 points, which represents an increase of 9.78% compared to the end of December, given the expectation that the central banks will slow down their path of monetary normalization.

Compared to Monday, the selective of the Spanish markets has experienced a contraction of 0.17%, with more than half of the values ​​experiencing negative daily evolutions.

"Markets have been buoyed by the possibility of central banks easing the pace of interest rate hikes, the stabilization of energy commodities and the reopening of the Chinese economy. Investors are confident of a 'soft landing' , which would mean that central banks are capable of stabilizing prices without the economy suffering a sharp contraction," said XTB analyst Joaquín Robles.

"During the next few months, volatility could spike again, since most of the concerns of investors remain unresolved," the expert warned.

Among the listed companies that have performed better this Tuesday compared to Monday, Banco Sabadell stands out, with an increase of 3.46%, ahead of Acciona Energías Renovables (2.29%), Bankinter (1.85%), Logista (1 .39%) and Solaria (1.18%).

On the contrary, Unicaja Banco's decrease of 9.48% stands out, after having presented results, while ArcelorMittal has fallen by 1.95; Acerinox, 1.50%; Cellnex, 1.29%; and Ferrovial, 1.13%.

Compared to the rest of the European markets, the German Dax and the French CAC 40 have barely increased 0.01%, while the Italian FTSE MIB has advanced 1%. In this way, the Euro Stoxx 50 has experienced an increase of 0.12% and the British FTSE 100 has fallen by 0.17%.

On its side, the price of a barrel of Brent has fallen by 0.48%, to $84.49, while West Texas Intermediate has advanced by 0.80%, to $78.54.

In the debt market, the yield in the secondary markets of the Spanish bond with a maturity of 10 years has been located at 3.282%, which represents a slight decrease compared to 3.317% on Monday. In this way, in comparison with its German counterparts, the Spanish risk premium has stood at 99.6 points, three tenths less than on Monday.

In the foreign exchange market, the euro has remained stable in its cross against the dollar, standing at 1.0855 dollars for each euro.

NEXT NEWS