The Ibex closes with a fall of 1.2% and gives up 10,000 points weighed down by Banco Santander (-5%)

MADRID, 5 Feb.

The Ibex closes with a fall of 1.2% and gives up 10,000 points weighed down by Banco Santander (-5%)


The Ibex 35 has started the week with a fall of 1.2%, reaching 9,941.3 points, weighed down by Banco Santander, which has led the declines of the selective by collapsing 5% after the British newspaper ' Financial Times' reported that Iran had used accounts at that bank and at Lloyds to avoid international sanctions.

The main Spanish indicator of the Spanish market managed to remain stable during the morning despite the downward pressure from the entity chaired by Ana Botín and thanks to the fact that the vast majority of its values ​​were trading positively. However, after midday a consistent downward trend was imposed, which has also been aggravated by the 1% declines on Wall Street.

Thus, the Ibex has once again lost the symbolic level of 10,000 points that it had managed to regain last Tuesday after two weeks below it.

Regarding Banco Santander, the investigation by the British economic newspaper indicated that said bank and Lloyds provided accounts to companies that were owned by Petrochemical Commercial Company, a firm owned by Iran. The United States has accused the company of having raised funds for the Quds Force, a division of Iran's Revolutionary Guard.

A Santander spokesperson assured Europa Press: "We cannot comment on clients. Santander complies with its legal and regulatory obligations, and we pay close attention to regulatory compliance with sanctions imposed on third parties."

Continuing in the business field, Acerinox reported this Monday that it has purchased the American Haynes Internacional for 798 million dollars (740.3 million euros).

For its part, Logista obtained a net profit of 73 million euros in its first fiscal quarter of 2024 (October to December 2023), a figure 21.9% higher than the same period of the previous year.

In the macroeconomic area, S

Also in the eurozone, it has been known that the producer price index in December fell by 10.6% in the interannual rate, while the decline was 0.8% in the monthly rate.

For its part, the PMI indicator for the United States in January has reflected that it continued to advance in the expansion zone, although less than expected since the improvement in the manufacturing sector was lackluster by a services sector that fell below forecasts - although Also, in both cases, they remain on expansive ground.

Likewise, the Organization for Economic Cooperation and Development (OECD) has revised its growth forecast for Spain in 2024 upwards by one tenth, which it now estimates at 1.5%, after the 2.5% expansion in 2023. , while maintaining the expectation of a rebound in activity to 2% by 2025.

Given this situation, Acerinox led the advances this Monday (3.8%) on the Stock Market, ahead of Rovi (3.57%), Ferrovial (2.24%), Logista (1.69%), Grifols (1 .22%), Aena (0.97%) and Fluidra (0.79%).

On the other hand, behind Santander (-5%), ArcelorMittal (-2.84%), Cellnex (-2.56%), Acciona (-2.08%), Inditex (-2.07 %), Repsol (-1.59%), Banco Sabadell (-1.32%), Unicaja (-1.13%), ACS (-1.09%), Telefónica (-1.08%) and Caixabank (-1.05%).

In most of the rest of the European cities, losses have been imposed, although on a moderate scale: Paris has subtracted 0.03%; London 0.04% and Frankfurt 0.08%. Milan has marked the exception with an increase of 0.76%.

At closing time in Europe, a barrel of Brent was trading at $77.43, up 0.13%, while West Texas Intermediate (WTI) was trading flat at $72.25.

In the debt market, the yield on the Spanish bond with a 10-year maturity has closed at 3.223% after adding six basis points. In this way, the risk premium against German debt remained at 91 basis points.

In the foreign exchange market, the euro depreciated 0.5% against the dollar, until trading at an exchange rate of 1.0734 'greenbacks' for each unit of the community currency, lows not seen since mid-December.