The Ibex rose 0.27% in the mid-session and consolidated above 9,000 points

MADRID, 24 Oct.

The Ibex rose 0.27% in the mid-session and consolidated above 9,000 points

MADRID, 24 Oct. (EUROPA PRESS) -

The Ibex 35 advanced 0.27% towards the mid-session and registered a price of 9,019.60 points, consolidating itself above the level of 9,000 integers that it had already registered at the opening.

On the political side, this Wednesday it was announced that the PSOE and Sumar have reached a programmatic agreement to form a new progressive coalition government after closing its leaders, Pedro Sánchez and Yolanda Díaz, the details of a pact that includes the reduction of working day without loss of salary, the main obstacle that separated the firm.

Already in the macro sphere, home sales registered a decrease of 14.4% in August compared to the same month last year, to a total of 49,252 operations, its lowest figure in this month since 2020.

Likewise, Social Security has reported that it allocated a record amount of 12,075.3 million euros in the current month of October to the payment of the ordinary monthly contributory pension payroll, 10.9% more than in the same month of 2022.

Regarding companies, Enagás has reported that it obtained a net profit of 258.9 million euros in the first nine months of the year, which represents a drop of 26.7% compared to the 353.4 million euros recorded. a year ago due to lower capital gains. Without leaving the energy sector, Naturgy has revised upwards its estimates for this year 2023 and foresees a gross operating result (Ebitda) of more than 5.4 billion euros.

In this context, the biggest drop in the Ibex was for Endesa (-2.08%), ahead of Unicaja Banco (-1.49%), BBVA (-1.04%), Banco Sabadell (-0.87% ), Telefónica (-0.71%) and Bankinter (-0.68%).

On the other hand, Enagás led the selective (4.19%), followed by Naturgy (2.86%), Cellnex (2.22%), Solaria (2.12%), Acciona Energías Renovables (2.07%) and Meliá (1.55%).

The rest of the main European stock markets also recorded a positive evolution in the mid-session, with the exception of London, which fell 0.11%. Paris advanced 0.52%; Frankfurt, 0.24%; and Milan, 0.31%.

Oil remained stable and settled above $90, with a barrel of Brent at $90.36, up 0.59%, while West Texas Intermediate rose 0.57%, to $85. 98 dollars.

In the debt market, the yield on the Spanish bond with a 10-year maturity fell to 3.899%, below the 3.967% recorded at the close of Tuesday. In this way, the risk premium against German debt rose by one tenth, to 109.4 basis points.

In the foreign exchange market, the euro depreciated 0.35% against the dollar, registering an exchange rate in the markets of 1.0633 'greenbacks' for each unit of the community currency.

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