MADRID Jan. 9 () –
The Ibex 35 closed this Thursday’s session with an advance of 0.86%, which allowed it to finish close to 11,900 points, on a day in which Wall Street will remain closed due to the mourning of the former president of the United States Jimmy Carter, after his death on December 29.
The Ibex 35 has therefore erased the losses it had registered at the opening and has reached maximum levels since December 10, when it closed at 11,965.5 integers.
It should be noted that last night – with the European market already closed – the minutes of the last meeting of the Federal Reserve (Fed) of the United States were published, from which a cooling of expectations of rate cuts due to stagnation can be extracted. of inflation.
Banca March experts have commented in this regard that, through an economy with more moderate growth and contained inflation, the Fed will continue the path of reducing rates in 2025 at a slower pace, with a maximum of three rate cuts.
On the other hand, it emerged this Thursday that retail sales in the eurozone grew by 1.2% in November in an annual rate, while in monthly terms they rose by 0.1%, less than expected by the market.
Likewise, it has been known that German industrial production rose by 1.5% in November in a monthly rate, thus tripling what was expected by the consensus of analysts.
At the Spanish macroeconomic level, the Public Treasury has placed 6,736.9 million euros this Thursday in an auction of State bonds and obligations, in the expected medium range, and has done so by raising the profitability offered to investors, according to the data published by the Bank of Spain.
In the business field, it is worth mentioning that Grifols has accumulated a 34% drop in one year in the Ibex 35, where its ‘A’ shares are listed, in the face of the bearish attacks by Gotham City Research – which began on January 9 2024– and for the takeover bid that the Brookfield Asset Management fund planned to launch for the company, but which finally gave up last November.
However, for the market it has been a day of transition, waiting for the US employment data that will be released tomorrow. Investors believe that there will be a job creation of 163,000 non-agricultural payrolls – compared to the previous figure of 227,000 jobs -, that the unemployment rate will remain stable at 4.2% and that wages will remain with an increase of 2%.
In this context, the biggest increases within the Ibex 35 have been recorded by CaixaBank (+3.76%), Bankinter (+3.59%), Fluidra (+3.09%), Unicaja (+2.68%) , Repsol (+2.16%), Amadeus (+1.62%), IAG (+1.55%) and Mapfre (+1.35).
On the decline side, the biggest falls have been those of Grifols (-3.29%), Rovi (-2.87%), Acerinox (-1.38%), Enagás (-0.50%), Acciona Energía (-0.38%) and Colonial (-0.29%).
Most European markets have also opted for increases, except for Frankfurt, which closed with a slight drop of 0.06%. London has advanced 0.83%; Milan, 0.59%; and Paris, 0.51%.
At the close of the session in Europe, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at $76.95, 1.04% higher, while that of Texas rose 0.97% , up to $74.02.
In the currency market, the price of the euro against the dollar stood at 1.0297 ‘greenbacks’, 0.20% less than the day before, while in the debt market, the interest required on the bond At 10 years it remained at 3.222%, with the risk premium with respect to the German bond at 64.6 points.
For its part, the troy ounce of gold rose by 0.35%, to $2,670, while bitcoin fell by 0.9% and was trading at $93,650.
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