The Ibex closes the week with a rise of 1% and clinging to 9,300 points awaiting the ECB and the Fed

MADRID, 9 Jun.

The Ibex closes the week with a rise of 1% and clinging to 9,300 points awaiting the ECB and the Fed

MADRID, 9 Jun. (EUROPA PRESS) -

The Ibex 35 has closed the week with an increase of 1% and standing at 9,309.7 points, with investors waiting for the decisions adopted next week by the United States Federal Reserve (Fed) and the European Central Bank ( ECB) on interest rates.

Compared to Thursday, the selective has left 0.31% and has stayed away from the more than 9,400 that it registered during part of yesterday's session.

"Investors remain confident that the next recession will be short-lived, and in the near term they are leaning on the end of rate hikes. However, it is still too early to assess the adverse effects of the rapid and forceful rate hikes that have carried out by central banks in recent months", explained XTB analyst Joaquín Robles.

The main reference for the day was the CPI in China, whose interannual rate stood at 0.2%, which represents an increase of one tenth with respect to the price rise of 0.1% in April.

In this way, Acciona Energías Renovables led the increases (2.22%), ahead of Solaria (2.07%), Meliá (1.77%), Rovi (1.16%), IAG (0.97% ), Acciona (0.82%) and Sacyr (0.60%).

On the opposite side were Cellnex (-1.93%), CaixaBank (-1.34%), BBVA (-1.15%), Unicaja (-0.86%), Banco Santander (-0.79 %) and Indra Sistemas (-0.70%).

In the rest of the European squares the day has also closed in negative. The German DAX is down 0.25%; the French CAC 40, 0.12%; and the Italian FTSE MIB, 0.41%. On its side, the British FTSE 100 dropped 0.49%.

At the close of the European trading session, a barrel of Brent rose 0.50% to $76.35, while West Texas Intermediate rose 0.31% to $71.51.

In the debt market, the yield on the 10-year Spanish bond closed the day at 3.361%, compared to the 3.404% observed at the end of Thursday. Thus, the risk premium against German bonds has fallen by two points, to 98.2 basis points.

In the foreign exchange market, the euro fell 0.31% against the dollar, reaching a market exchange rate of 1,075 'green tickets' for each unit of the community currency.

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