The Ibex turns around in the middle session and heads towards 9,100 points

MADRID, 22 Mar.

The Ibex turns around in the middle session and heads towards 9,100 points

MADRID, 22 Mar. (EUROPA PRESS) -

The Ibex 35 abandoned the negative terrain registered at the opening mid-session by advancing 0.14% at 12:01 p.m., reaching 9,061.7 points, on a day in which investors will be, above all, pending the decisions that the Federal Reserve (Fed) will adopt after its monetary policy meeting, which concludes this Wednesday.

At 7:00 p.m., Fed Chairman Jerome Powell will appear before the media to present the agency's monetary policy decisions. The increase is expected to be 25 basis points, up to a target range of between 4.75% and 5%. However, recent developments in the banking sector, with the collapse of four banks in the United States, could influence the decision in another way.

Regarding the Old Continent, this Wednesday it became known that the interannual inflation rate in the United Kingdom rose three tenths in February, up to 10.4%. On her side, the president of the European Central Bank (ECB) has urged companies and workers to share the costs of the crisis to avoid an inflationary spiral.

In this way, Banco Santander led the selective of the Spanish stock markets and markets this Wednesday, advancing 2% in the half session. They are followed by BBVA (1.96%), Mapfre (0.80%), Banco Sabadell (0.56%), Inditex (0.41%) and Repsol (0.32%).

On the other hand, Acciona Energías Renovables was the value that fell the most (-2.05%), ahead of Colonial (-1.85%), Solaria (-1.85%), Merlin (-1.84%) , Bankinter (-1.73%) and Cellnex (-1.69%).

Regarding the rest of the stock indices of the main European stock markets, the German Dax advanced 0.58%, while the French CAC 40 rose 0.30% and the Italian FTSE MIB registered a rise of 0. 16% In this context, the Euro Stoxx 50 rose 0.40% and the British FTSE 100 rose a slight 0.01%.

Regarding crude oil, a barrel of Brent reached 75.09 dollars, with a decrease of 0.31%, while West Texas Intermediate fell 0.32%, to 69.45 dollars.

On the other hand, the yield registered in the secondary debt markets for the Spanish bond with a maturity of 10 years rebounded to 3.407% this Wednesday, compared to 3.332% at which it closed on Tuesday. Thus, the risk premium stood at 103.9 points, one tenth less than the previous close.

The euro continued to gain strength against the dollar, appreciating 0.24% and reaching an exchange rate of 1.0795 dollars for each euro. The community currency had not reached this exchange rate since the beginning of February.

NEXT NEWS