The Ibex closes with a fall of 1.22%, below 9,400 points

MADRID, 25 Sep.

The Ibex closes with a fall of 1.22%, below 9,400 points

MADRID, 25 Sep. (EUROPA PRESS) -

The Ibex 35 closed this Monday's session at 9,386 points, which represents a drop of 1.22% and a decrease of 116 points compared to Friday's closing price.

Investors learned this Monday that Spanish industrial inflation fell 10% in August compared to the same month in 2022, which represents the steepest decline since the beginning of the historical series, in 1976.

Looking at Europe, it has also been learned that the confidence of German businessmen has registered its fifth consecutive monthly decline in September, as reflected by the index prepared by the Munich Economic Research Institute (Ifo), which has stood at 85.7. points from 85.8 last month, its worst reading since August 2022.

Investors will be watching the rest of the week for inflation data from Germany and Spain, as well as GDP data for the United States, which will be published on Thursday. On Friday, attention will be focused on the evolution of the United Kingdom's GDP, inflation in the eurozone and unemployment in Germany.

In this context, only two stocks from the entire Spanish selective have managed to avoid the 'red' this start of the week. Fluidra has advanced 0.16%, while Repsol has risen a slight 0.03%.

On the opposite side, Acciona has finally been the value with the worst performance (-3.44%), ahead of IAG (-3.03%), Acciona Energías Renovables (-2.90%), Meliá (-2.69 %), Amadeus (-2.57%) and Sacyr (-2.37%).

The rest of the large European squares have also fallen this Monday, although to a lesser extent. London has dropped 0.78%; Paris, 0.85%; Frankfurt, 0.98%; and Milan, 0.68%.

For its part, a barrel of Brent stood at $93 at the close of the European stock market session, 0.30% less, while West Texas Intermediate (WTI) reached $89.61, down 0.47%. % less.

The yield on the Spanish bond maturing in 10 years stood at 3.870% this Monday, from 3.819% on Friday. In this way, the risk premium against German debt has contracted eight tenths, to 107.2 basis points.

In the foreign exchange market, the euro depreciated 0.59% against the dollar and lost the level of 1.06 dollars, reaching an exchange rate of 1.0592 'greenbacks' for each euro.

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