The Ibex rises 0.8% and reaches 7,600 points

MADRID, 20 Oct.

The Ibex rises 0.8% and reaches 7,600 points

MADRID, 20 Oct. (EUROPA PRESS) -

The Ibex 35 has recorded an advance of 0.8% in the session this Thursday and has conquered the barrier of 7,600 points, boosted by bank values.

The biggest rebound of the session was presented by Sabadell, with a rise of 4.55%, followed by Bankinter, whose titles have increased by 3.45% after announcing a net profit of 430.1 million euros until September, which which represents 21.2% more than in the same period last year.

Also on the positive side, Arcelormittal (3.31%), CaixaBank (2.85%), Colonial (2.36%), Grifols (2.32%), Acerinox (2.23%), Repsol (1 .93%) and BBVA (1.65%).

On the contrary, the biggest falls were presented by Telefónica (-1.97%), IAG (-1.74%), Rovi (-1.71%), ACS (-1.01%) and Ferrovial (-0 .58%).

UK Prime Minister Liz Truss announced her resignation on Thursday, prompting a positive reaction from the sterling exchange rate and the 10-year UK sovereign bond yield in debt markets.

With regard to the banking sector, this Thursday the newspaper 'Financial Times' has warned that the Spanish Government is facing a possible collision with the European Central Bank (ECB) as a result of the proposal to impose a tax on banks, especially which the issuing institute of the euro zone will pronounce in the coming weeks and regarding which executives of the sector have warned that it collides with European regulations.

On the other hand, investors learned yesterday that the Beige Book of the United States Federal Reserve (Fed) has indicated that various regions of the country are already in recession. According to the document, economic activity at the national level has expanded "modestly" since the last report, although conditions varied widely depending on economic sectors and geographic areas.

The rest of the European stock markets have also closed the trading day with increases, of 0.27% in London, 0.76% in Paris, 0.2% in Frankfurt and 1.07% in Milan.

The barrel of Brent quality oil, a reference for the Old Continent, stood this Thursday at a price of 93.32 dollars, with an increase of 0.98%, while the Texas stood at 86.90 dollars, with a rise of 1.58%.

Finally, the price of the euro against the dollar stood at 0.9829 'greenbacks', while the Spanish risk premium stood at 115 basis points, with the interest required on the ten-year bond at 3.512%.

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