The Ibex maintains 9,900 points in the mid-session

MADRID, 8 Feb.

The Ibex maintains 9,900 points in the mid-session


The Ibex 35 remained stable in the mid-session with respect to the opening, reaching 9,910.8 points, 0.23% more than at the close of Wednesday, in a day in which investors will look for clues about monetary policy in the minutes of the European Central Bank (ECB).

In this context, investors will remain attentive to the statements of several members of the European banking body chaired by Christine Lagarde, including Frank Elderson and Philip Lane.

On the other hand, China's consumer price index (CPI) has been published, which recorded a year-on-year drop of 0.8% last January, the largest drop in prices since September 2009 and which represents the fourth consecutive drop in the inflation rate in the country

Under the business umbrella, ArcelorMittal has presented its results, with an attributable net profit of 919 million dollars (852.17 million euros), which represents a drop of 90.12% compared to the result recorded in 2022.

The company has explained that performance in 2023 was "severely" affected by the "tragic" accident at the Kostenko mine, in the Karaganda region, located in central Kazakhstan, on October 28, 2023.

In this context, the steel company was the main bullish value towards the mid-session (2.86%). Behind were CaixaBank (1.23%), BBVA (1.14%), Ferrovial (1.09%), Rovi (1.06%), Cellnex (0.78%) and Naturgy (0.76% ).

Unicaja Banco was the selective company that fell the most in the mid-session (-1.05%), Redeia (-0.95%), Acciona Energía (-0.86%), Colonial (-0.84%), Banco Sabadell (-0.84%) and Telefónica (-0.78%).

In this context, the positive evolution was shared by the main European stock markets. London registered an increase of 0.06% in the mid-session; Paris, 0.48%; Frankfurt, 0.05%; and Milan, 0.06%.

In the raw materials market, a barrel of Brent stood at $79.90, up 0.87%, while West Texas Intermediate (WTI) advanced 0.80%, to $74.45. .

The yield on the Spanish bond with a 10-year maturity stood at 3.247% in the mid-session, compared to the 3.239% recorded at the close of Wednesday. In this way, the risk premium against German debt remained unchanged at 92.3 basis points.

In the foreign exchange market, the euro remained unchanged against the dollar, trading at an exchange rate of 1.0768 'greenbacks' for each unit of the community currency.