Saturday, October 1

The Ibex 35 loses 8,800 points due to bond pressure


The selective ended the day at 8,781.6 points, with most of its values ​​in negative, highlighting the falls of Siemens-Gamesa (-3.68%), ArcelorMittal (-3.53%), Rovi Laboratories (- 3.13%), Fluidra (-2.95%), Caixabank (-2.78%) and Acerinox (-2.61%).

On the contrary, they have achieved the greatest advances in the session Mapfre (+2.34%), Grifols A (+1.74%), Telefónica (+1.5%), Bankinter (+0.85%) and Enagás (+0.65%).

Wall Street traded with falls when resuming activity after being closed yesterday for the celebration of Martin Luther King Day.

This Tuesday it has been known that the confidence of German investors has rebounded strongly in January, reaching 51.7 points, compared to 29.9 points at the end of 2021, as reflected by the expectations index for Germany from the Center of Leibniz European Economic Research (ZEW), which reaches its highest level since July last year.

In addition, it has been published that the unemployment rate of the Organization for Economic Cooperation and Development (OECD) stood at 5.5% last November, compared to 5.7% the previous month, thus fulfilling seven consecutive months down, as reported by the institution, which points to Spain as the country with the highest level of unemployment, with 14.1%.

Precisely in Spain, The Public Treasury has placed this Tuesday 2,080.3 million euros in letters to three and nine months, within the expected average range, and has done so by charging investors less in both references.

The rest of the European stock markets have also closed this Tuesday’s session in ‘red’, with decreases of 0.63% in London, 0.94% in Paris, 1.01% in Frankfurt and 0.74% in Milan.

The price of a barrel of Brent crude, a benchmark for Europe, It was close to 88 dollars in the first hours of the session, its highest cost since mid-October 2014, given the lower concern about the impact on demand of the omicron variant and the tensions in the Middle East and Eastern Europe, complicating central bankers’ expectations of an upcoming easing of inflationary pressures.

At the close of the session, it was trading at $86.80 (+0.37%), while the price of a barrel of West Texas Intermediate (WTI) oil reached $84.67, up 1.01%.

Finally, the price of the euro against the dollar stood at 1.1332 ‘greenbacks’, while the Spanish risk premium stood at 68 basis points, with the interest required on the ten-year bond at 0.6692% .



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