The Ibex closes with a fall of 0.4% weighed down by the rise in Brent but maintains 10,000 points

MADRID, 18 Dic.

The Ibex closes with a fall of 0.4% weighed down by the rise in Brent but maintains 10,000 points


The Ibex 35 closed this Monday with a fall of 0.4%, reaching 10,054.9 points, weighed down by the values ​​​​affected by the rise in Brent - such as tourism - on a day in which the confidence of the German business has worsened in December, after two consecutive increases, as reflected by the Ifo index, which stood at 86.4 points from 87.2 the previous month.

The Spanish selective has started the session in negative territory, but has managed to overcome the gains and has reached the level of 10,100 points, which it finally lost, until returning to negative territory, due to a gentle downward trend that It started at noon and worsened at the end of the negotiation.

In addition to the confidence of German businessmen, this Monday the improvement in December, above expectations, in the US real estate market index of the National Association of Home Builders (NAHB) was also published.

In Spain, this conference highlighted that the average labor cost per worker and month (which includes salaries and social contributions) rose by 5% in the third quarter of the year compared to the same period in 2022, up to 2,892.73 euros. its highest figure in a third quarter since 2000, the National Institute of Statistics (INE) has reported.

During the rest of the week, investors' agenda will be filled with macroeconomic references. Tomorrow the Bank of Japan will hold its last monetary policy meeting of the year, while November inflation data for the eurozone will also be published.

On Wednesday it will be the turn of inflation in the United Kingdom and industrial prices in Germany, while on Thursday the new data on the Gross Domestic Product (GDP) of the United States will be released. Finally, on Friday it will be the turn of the United Kingdom, which will also publish its GDP estimate, while Spain will do the same.

Given this situation, ArcelorMittal has led the dozen stocks that have managed to close in positive territory by rising 5.27%; followed by Repsol (1.72%), benefiting from higher oil prices, and Rovi (1.15%).

On the other hand, Mélia Hotels has led the losses by yielding 3.15%; followed by Acciona Energía (-2.86%), Acciona (-2.15%), Naturgy (-1.95%), IAG (-1.81%), Ferrovial (-1.77%), Cellnex ( -1.68%) and ACS (-1.21%).

In the rest of the European stock markets, only London closed with gains of 0.5%. For its part, Paris has subtracted 0.37%; Milan 0.44% and Frankfurt 0.6%.

At closing time in the Old Continent, in the raw materials market, a barrel of Brent stood at $78.47 in the mid-session, 2.5% more, while West Texas Intermediate (WTI) It stood at $73.22, up 2.52%.

These increases in 'black gold' were produced by the decision of several of the main maritime transport companies and large oil companies such as BP to interrupt transit on the routes that cross the Red Sea due to the growing risks for the merchant fleet in the area. raised by Houthi militants.

The yield on the Spanish bond maturing in ten years closed at 3.048% after adding six basis points, while the risk premium (the differential with the German bond) stood at 97 points.

For its part, in the foreign exchange market, the euro appreciated 0.23% against the dollar, reaching an exchange rate of 1.092 'greenbacks' for each unit of the community currency.