The Ibex rises 0.42% in the middle of the session, but fails to maintain 9,500 points

MADRID, 4 Sep.

The Ibex rises 0.42% in the middle of the session, but fails to maintain 9,500 points


The Ibex 35 registered a level of 9,498.1 points towards the mid-session, which represents a revaluation of 0.42% compared to Friday, in line with the data observed at the opening, on a day in which the Wall Stock Market Street will be closed for the Labor Day holiday in the United States.

Although for much of the morning the index has oscillated in the green above the 9,500 point level, it has not managed to settle above that level.

This Monday it was known that unemployment in Spain rose by 24,826 unemployed in August, while the average affiliation to Social Security fell by 185,385 employed.

Likewise, today the data on German exports was published, which totaled 130.4 billion euros in July, a figure 0.9% lower than that of the previous month and 1% below that of the same month of 2022, at the same time that imports reached 114,500 million euros, 1.4% more than in June, but 10.2% less than a year earlier.

Towards the middle of the session, IAG led the Spanish selective (1.53%), ahead of Grifols (1.38%), Aena (1.21%), Banco Sabadell (1.18%), Fluidra (1.06 %) and Amadeus (1.01%). On the opposite side, Acciona Energías Renovables (-1.56%) was the firm that fell the most. They were followed by Telefónica (-0.76%), Colonial (-0.36%), Endesa (-0.29%), Acciona (-0.27%) and CaixaBank (-0.24%).

In the rest of the European stock market, London advanced 0.53%; Paris, 0.67%; Frankfurt, 0.57%; and Milan, 0.71%. On its side, the West Texas Intermediate barrel rose 0.11%, to 85.63 dollars, while that of Brent stood at 88.65 dollars, 0.10% more.

In the debt market, the yield on the Spanish 10-year bond reached 3.599%, from 3.576% on Friday. Thus, the risk premium stood at 103.5 basis points, eight tenths above the level of the last day.

In the foreign exchange market, the euro appreciated 0.20% against the dollar, which is why it traded at 1.0802 greenbacks for each euro.