The Ibex closes on Monday falling 0.48%, after Sánchez's decision to continue as president

MADRID, 29 Abr.

The Ibex closes on Monday falling 0.48%, after Sánchez's decision to continue as president

MADRID, 29 Abr. (EUROPA PRESS) -

The Ibex 35 closed this Monday's session with a fall of 0.48%, with the attention of investors focused this day on the decision of the President of the Government, Pedro Sánchez, to remain in office, after several days of reflection. about its continuity.

Specifically, the selective has fallen to 11,100.8 points, although during the session it reached an intraday minimum of around 11,058 points.

The day has also been marked on the macro agenda by the publication of Spain's advance inflation data for the month of April, which stood at 3.3%, one tenth more, due to the rise in gas and food prices. .

For its part, the data for Germany would have stood at 2.2% year-on-year in April, in line with the inflation reading of the previous month, thus repeating the smallest increase in the cost of living since May 2021, according to the estimate of the Federal Statistical Office (Destatis).

At the business level, the first quarter results of several Spanish listed companies have been released. BBVA obtained a profit of 2,200 million euros (19.1%), while Unicaja tripled its profit, up to 111 million euros.

Likewise, Línea Directa earned 10.1 million between January and March, compared to losses of 5.3 million a year earlier. Prosegur, for its part, earned 17 million until March, 32% more.

On the other hand, the CNMV has provisionally suspended, with immediate effect, the trading of Applus shares "due to circumstances that could disrupt the normal development of operations in the aforementioned financial instruments."

Investors' attention is now focused on the US Federal Reserve (Fed) rate meeting, which will be held on Wednesday, May 1, the date on which Labor Day is celebrated in countries such as Spain, Germany or United Kingdom.

At the end of the session, Banco Sabadell was the main bullish value (2.75%), followed by Naturgy (2.48%), Unicaja (2.34%), Acciona (2.11%), Solaria (2. 04%) and Acciona Energía (1.82%).

On the opposite side was Inditex, which fell 3.24%, affected by the ex-dividend effect. They were followed by Rovi (-2.71%), Banco Santander (-2.06%, also affected by the ex-dividend effect), BBVA (-0.77%), Indra (-0.38%) and Amadeus ( -0.30%).

The evolution in the main European stock markets has been mixed this Monday. While London has advanced by 0.11% and Milan, by 0.20%, Paris has fallen by 0.20% and Frankfurt has fallen by 0.16%.

At the close of the European trading session, a barrel of Brent was trading with a decrease of 1.22%, down to $88.41, while West Texas Intermediate (WTI) stood at $82.78, down 1.28 % less.

In the debt market, the yield on the Spanish bond maturing in 10 years has stood at 3.306%, from 3.360% recorded at the close of Friday. In this way, the risk premium against German debt has fallen by 1.4 basis points, to 78.5 points.

In the foreign exchange market, the euro appreciated 0.22% against the dollar at the close of the European stock market session, reaching an exchange rate of 1.0717 'greenbacks' for each unit of the community currency.

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