The Ibex lost 0.2% in the mid-session but continues to hold 9,300 points

MADRID, 11 Oct.

The Ibex lost 0.2% in the mid-session but continues to hold 9,300 points


The Ibex 35 was trading with a drop of 0.19% in the mid-session, after Tuesday's 'rally' that boosted the price by more than 200 points. Despite the slight decrease, the selective index continued to hold the level of 9,300 points, trading at 9,334 integers.

Investors will be paying attention today to the Annual Meeting of the IMF and the World Bank held in Morocco and in which the president of the European Central Bank (ECB), Christine Lagarde, and the current member of the organization's Executive Committee, Fabio Panetta, participate. , as well as the minutes of the last meeting of the United States Federal Reserve (Fed), which will be known after the closure of the European markets.

Early on, it was learned that German inflation stood at 4.5% year-on-year in September, which implies a significant relief compared to the 6.1% rise in prices in August and the smaller increase since February 2022, when the Ukrainian war broke out, according to the second estimate published by the Federal Statistical Office (Destatis).

In this context, Solaria led the increases in the selective towards the mid-session (2.30%), ahead of Acciona Energías Renovables (2.23%), Acciona (1.97%), Ferrovial (1.51%), Logista (1.17%), Redeia (1.07%) and Endesa (0.83%).

On the opposite side, Inditex stood out as the value that fell the most (-2.17%), ahead of Cellnex (-1.03%), ACS (-1.03%), IAG (-0.89%), Colonial (-0.64%) and Banco Santander (-0.62%).

In the rest of the main European stock markets, only Milan was trading in 'green', climbing 0.24%. On its side, London fell 0.01%, Paris; 0.62%; and Frankfurt, 0.02%.

Likewise, a barrel of Brent registered a drop of 0.56%, to $87.16, while West Texas Intermediate (WTI) fell 0.64%, to $85.41.

In the debt markets, the yield on the Spanish bond with a 10-year maturity was trading at 3.808%, below the 3.880% recorded at the close of Tuesday. For its part, the risk premium fell six tenths, to 109.9 basis points.

In the foreign exchange market, the euro depreciated slightly against the dollar, until it was trading at an exchange rate in the markets of 1.0600 'greenbacks' for each euro.