The Ibex rises 0.42% in the half session, with its sights set on 9,300 points

MADRID, 11 Jul.

The Ibex rises 0.42% in the half session, with its sights set on 9,300 points


The Ibex 35 registered a rise of 0.42% towards the mid-session, standing at 9,292.1 points towards 12:00, in line with the data registered at the opening and despite having registered decreases during the first hours of trading of the day on time.

This Tuesday, the Public Treasury has placed 1,980.39 million euros in three- and nine-month letters, in the expected average range, and has raised the remuneration of both references, offering 3.8% in the case of letters to nine months, according to data from the Bank of Spain.

Also in Spain, business confidence data has been published, which has risen by 2.6% in the third quarter due to improved expectations.

Likewise, the definitive inflation data for Germany for the month of June has been released, which has remained at the 6.4% that the country's statistical office, Destatis, had previously published.

In this context, Bankinter was the value that led the rises of the Ibex 35 towards the mid-session (2.36%), ahead of Acciona (2.31%), Meliá (2.02%), Aena (1.90 %), Acciona Renewable Energy (1.81%) and Solaria (1.78%).

On the other hand, only four companies observed a negative evolution in the mid-session: Rovi (-0.82%), Amadeus (-0.79% including the ex-dividend effect), Telefónica (-0.11%) and Inditex (-0.09%).

Regarding the rest of the European markets, the French CAC 40 traded with an increase of 0.87%, while the German DAX advanced 0.42% and the Italian FTSE MIB registered an increase of 0.51%. The British FTSE 100 fell 0.16% towards the mid-session

A barrel of Brent oil stood at 78 dollars, 0.40% more, while West Texas Intermediate (WTI) reached 73.33 dollars, 0.47% more.

For its part, the Spanish bond with a maturity of 10 years was listed in the secondary debt markets with a yield of 3.665%, from 3.695% at the close of Monday. Thus, the risk premium rose three tenths, to 105.8 basis points.

In the foreign exchange market, the euro appreciated slightly against the dollar, reaching an exchange rate of 1.1008 dollars for each euro.