The Ibex relaxes its advance in the half session with almost all the banks in 'red'

MADRID, 19 Jul.

The Ibex relaxes its advance in the half session with almost all the banks in 'red'

MADRID, 19 Jul. (EUROPA PRESS) -

The Ibex 35 relaxed its dynamism towards the mid-session, registering a price of 9,466.2 points, 0.11% more than on Tuesday and below the 0.37% rise observed in the early stages of the session stock.

In the macroeconomic sphere, this Wednesday it was revealed that inflation in the United Kingdom reached 7.9% in June, the lowest figure since March 2022. For its part, prices in the euro zone as a whole fell six tenths in the sixth month of the year, up to 5.5%, the lowest data since January 2022.

For its part, the International Energy Agency (IEA) has lowered to 1.9%, from the previous 2.6%, its forecast for growth in global electricity demand for 2023.

In this context, the majority of banks experienced a negative evolution around 12:00 noon. The worst performer of the entire selective was BBVA (-1.23%), ahead of ArcelorMittal (-1.17%), CaixaBank (-0.88%), Banco Santander (-0.70%), Banco Sabadell (-0.66%) and Bankinter (-0.65%). Only Unicaja Banco escaped this trend, advancing 0.15%.

The index was led by Colonial (5.40%), ahead of Rovi (4.25%), Grifols (3.61%), Solaria (3.38%) and Merlin (2.53%).

The rest of the large European markets also observed a positive evolution towards the mid-session: Frankfurt advanced 0.13%; Paris, 0.54%; Milan, 0.07%, and London, 1.41%.

In the raw materials market, a barrel of Brent stood at 80.01 dollars, 0.48% more, while the West Texas Intermediate (WTI) stood at 75.95 dollars, 0.26 % further.

The yield of the Spanish bond with a maturity of 10 years in the secondary debt markets stood at 3.362%, from 3.391% registered at the close of Tuesday. Thus, the risk premium has fallen to 99.7 basis points, from 100.2 on Tuesday.

The euro depreciated a slight 0.07% against the dollar over the mid-session, reaching an exchange rate in the markets of 1.1221 dollars for each euro.

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