The Ibex settles above 9,600 points in the mid-session

MADRID, 15 Nov.

The Ibex settles above 9,600 points in the mid-session


The Ibex 35 has settled at around 9,630 points towards the mid-session, which represents an increase of 0.10% compared to Tuesday's close, which exceeded the level of 9,600 integers after knowing the inflation data in the United States. Joined.

Yesterday it was announced that the United States consumer price index (CPI) stood at 3.2% year-on-year in the month of October, five tenths less than the previous month. The underlying data stood at 4%, one tenth less.

Optimism due to this inflation data, better than expected, was not exclusive to Europe, but Wall Street closed Tuesday's session in green, with the Dow Jones rising 1.43%; the S

While investors were digesting this data, early this morning it was learned that inflation in the United Kingdom stood at 4.6% last October, compared to a price rise of 6.7%, in the previous month, which represents the lowest reading of the data since October 2021.

Optimism has also spread to China, whose economy this Wednesday offered new signs of greater resilience than estimated, after readings of industrial activity and retail trade for the month of October exceeded market consensus expectations. according to data published by the National Statistics Office of the Asian country.

In contrast, the Cabinet Office of the Government of Japan has indicated that the country's gross domestic product (GDP) registered a contraction of 0.5% in the third quarter of the year compared to the previous three months, when the economy grew by 1 .1%, according to data published by the Cabinet Office of the Japanese Government, which has been well below the 0.1% drop anticipated by the market consensus.

In the business field, this Wednesday it was announced that Gubel, a company controlled by businesswoman Helena Revoredo, majority shareholder and president of Prosegur, has announced the launch of a voluntary public takeover bid (OPA) for 15% of the share capital. from the security company for up to 149.6 million euros.

This has led Prosegur to be the value that rose the most in the mid-session of the entire Continuous Market, with an increase of 22.14%. Prosegur Cash was the second best value, with an increase of 5.23%.

Regarding the Ibex 35, the main bullish value in the mid-session was Grifols (3.63%), followed by IAG (2.84%), ArcelorMittal (2.58%), Fluidra (2.13%), Meliá ( 1.74%), Acciona Energías Renovables (1.37%) and Acerinox (1.02%).

On the contrary, Banco Sabadell slightly corrected the large increase in recent days, falling 1.40%. Behind them were Naturgy (-1.12%), Bankinter (-0.74%), Repsol (-0.72%), Telefónica (-0.64%) and Iberdrola (-0.55%).

The mini stock market 'rally' also extended to the rest of the main European indices. The British FTSE 100 advanced 0.89%; the French CAC 40, 0.53%; the German DAX, 0.48%; and the Italian FTSE MIB, 0.38%.

On the other hand, a barrel of Brent was trading at $81.96 towards the mid-European trading session, 0.63% less, while West Texas Intermediate (WTI) fell 0.77%, to 77.67 Dollars.

In the debt market, the yield on the Spanish bond with a 10-year maturity stood at 3.631%, below the 3.637% recorded at the close of Tuesday. In this way, the risk premium against German debt moderated by one tenth in the mid-session, to 103.6 basis points.

For its part, the euro depreciated 0.17% against the dollar in the mid-session, until trading at an exchange rate of 1.0861 'greenbacks' for each euro.