The Ibex, on the verge of 11,000 points in the mid-session with an increase of 0.37%

MADRID, 26 Mar.

The Ibex, on the verge of 11,000 points in the mid-session with an increase of 0.37%

MADRID, 26 Mar. (EUROPA PRESS) -

The Ibex 35 was trading with an increase of 0.37% in the mid-session, so it stood at 10,992.2 points, on a day in which it was confirmed that the Spanish economy grew by 2.5% in 2023 .

The selective of the Spanish stock markets and markets was thus close to its maximums since 2017, a date since which it has not been trading at 11,000 points. Bankinter analysts estimated yesterday that the index could reach 12,000 points by the end of the year.

In the Spanish business field, the State Society of Industrial Participations (SEPI) - dependent on the Ministry of Finance - yesterday informed the National Securities Market Commission (CNMV) of the acquisition of a Telefónica share package equivalent to 3% of the share capital of the company.

For its part, Repsol has acquired 40% of three industrial facilities that are part of Bunge Ibérica, one of Bunge's subsidiaries in the Iberian Peninsula, for a total amount of 300 million dollars (276.5 million euros) and up to 40 million dollars (36.9 million euros) in additional contingent payments. The oil company also begins this Tuesday a share buyback program for an amount of almost 914 million euros.

In addition, the acceptance period for the public acquisition offers (OPA) proposed by the Apollo fund (through the instrumental company Manzana Spain Bidco) and ISQ and TDR (with its joint venture Amber EquityCo) on Applus has started this Tuesday, March 26, and will run until April 24.

In the middle section of the session, IAG was the value that rose the most on the Ibex (1.69%), followed by Mapfre (1.67%), Indra (1.57%), Repsol (1.46%), Grifols (1.18%) and Aena (1.09%).

On the opposite side were Bankinter (-1.36%, affected by the ex-dividend effect), BBVA (-0.97%), Acciona Energía (-0.56%), Enagás (-0.52%) , Solaria (-0.46%) and ArcelorMittal (-0.46%).

The evolution for the rest of the main European stock markets was also positive: London rose 0.03%; Paris, 0.16%; Frankfurt, 0.52%; and Milan, 0.31%.

The barrel of Brent reached 86.76 dollars in the average European session, 0.01% more, while West Texas Intermediate (WTI) advanced 0.12%, to 82.05 dollars.

In the debt market, the yield on the 10-year Spanish bond stood at 3.168%, up from 3.210% on Monday. In this way, the risk premium against German debt fell by 1.6 points, to 82.2 basis points.

In the currency market, the euro appreciated 0.17% against the dollar, up to 1.0855 'greenbacks' for each unit of the community currency.

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