The Ibex rises 0.52% and is already setting its sights again on 9,300 integers

MADRID, 8 Nov.

The Ibex rises 0.52% and is already setting its sights again on 9,300 integers

MADRID, 8 Nov. (EUROPA PRESS) -

The Ibex 35 has advanced 0.52% this Wednesday, reaching a price of 9,283.80 points, which places the index of the Spanish stock exchanges and markets on the verge of recovering the level of 9,300, a level not seen at the close. since a month ago.

Investors have been paying attention this Wednesday to Telefónica, which has presented its 2023-2026 strategic plan and the results corresponding to the end of the third quarter of the year. The operator's shares closed with a drop of 0.46%.

In the 'macro' field, today it was known, among other data, that retail sales in the eurozone fell 0.3% in September, one tenth more than expected, in a monthly rate.

Likewise, it has been published that German inflation stood at 3.8% in October, which represents seven tenths less than the 4.5% in September and the lowest year-on-year increase in prices since August 2021.

Regarding business results, the pharmaceutical company Rovi obtained a net profit of 118.8 million euros in the first nine months of the year, 2% less. For its part, Logista has reported that it earned 272 million until September, 36.9% more.

Telefónica has indicated that it registered a net profit of 502 million euros in the third quarter of the year, 9.3% more in year-on-year terms. In the accumulated until September it earned 1,262 million euros, 15% less.

In this context, Grifols has been the main bullish value of the day (2.07%), ahead of Logista (2.04%), IAG (1.98%), Inditex (1.80%), Unicaja Banco (1.51%), BBVA (1.40%) and Indra (1.22%).

Regarding the worst performances of the selective, Solaria has fallen 1.72%, ahead of Redeia (-1.18%), Colonial (-1.15%), Enagás (-1.06%), Amadeus (- 1.04%) and Acciona Renewable Energies (-0.96%).

The evolution in the rest of Europe has also been positive this Wednesday with the exception of London (-0.11%). Paris has advanced 0.69%; Frankfurt, 0.51%; and Milan, 0.13%.

Regarding raw materials, a barrel of Brent fell 1.76% at the close of the trading session, up to $80.17, while West Texas Intermediate (WTI) stood at $75.91, down 1.90 % less.

In the debt market, the yield on the Spanish sovereign bond with a 10-year maturity has stood at 3.661%, from the 3.718% observed at the close of Tuesday. In this way, the risk premium against German debt has decreased by 1.3 points, to 104.7 basis points.

Regarding currencies, the euro appreciated 0.13% against the dollar at the end of the European session, up to an exchange rate of 1.0715 'greenbacks' for each unit of the community currency.

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