The Ibex extends its gains until mid-session and consolidates above 9,900 points

MADRID, 24 Ene.

The Ibex extends its gains until mid-session and consolidates above 9,900 points


The Ibex 35 extended its rise towards the mid-session with respect to the opening, consolidating itself above the level of 9,900 points, reaching 9,933.4 points, with investors already awaiting the last clues before tomorrow the Central Bank European Union (ECB) communicates its monetary policy decisions.

In the business sphere, this morning it was known that Apollo has signed contracts to acquire 21.85% of Applus, raising the takeover price to 10.65 euros per share.

In addition, this Wednesday begins the new edition of the International Tourism Fair (Fitur), which will be held from this Wednesday, January 24, until Sunday, January 28, at Ifema Madrid, and will have a large presence of travel agencies , tour operators and employers.

Outside Spain, the PMI composite index, prepared by S

On the other hand, the People's Bank of China (PBPC) has decided to lower the cash reserve ratio required of the country's entities by 50 basis points with the objective of "consolidating and improving the positive trend of economic recovery." The reduction in the reserve ratio will come into force on February 5 and will mean an injection of liquidity to the market of 1 trillion yuan (129.28 billion euros), as announced by the governor of the Chinese central bank, Pan Gongsheng, in a Press conference.

In this context, Grifols once again remained at the head of the Ibex 35, with an increase of 4.65%. They were followed by IAG (2.65%), Cellnex (2.53%), Colonial (2.29%), Solaria (2.02%), ArcelorMittal (1.83%) and Mapfre (1.67%).

On the opposite side, only two values ​​were trading negative in the mid-session: Acerinox (-1.73%), affected by the 'ex-dividend' effect, and Naturgy (-0.08%). For its part, Acciona Energía did not register any variation.

The dynamism of the Madrid trading floor was shared by the rest of the main European capitals. London advanced 0.28%; Paris, 0.74%; Frankfurt, 1.13%; and Milan, 0.55%.

In the raw materials market, a barrel of Brent stood at $79.53, 0.03% less, while West Texas Intermediate (WTI) advanced 0.09%, to $74.45.

The yield on the Spanish bond with a 10-year maturity was trading at 3.232% in the mid-session, compared to the 3.270% observed at the close of Tuesday. In this way, the risk premium against German debt was 90.8 basis points, one point less.

In the raw materials market, the euro appreciated 0.39% against the dollar, reaching an exchange rate of 1.0896 'greenbacks' for each unit of the community currency.