The Ibex 35 closes September with a monthly fall of 6% and accumulates losses of 15% so far this year

Sep. 30 () –

The Ibex 35 has closed September with a monthly fall of 6.3%, which has led it to stand at 7,366.8 integers, and accumulates losses of 15.4% compared to the level registered at the end of 2021.

In its weekly balance, the selective has fallen by 2.85%, although it has managed to close today in positive, by revaluing 0.91%, stopping a streak of eight downward sessions that led it to record 2020 lows yesterday.

Today’s rise has occurred despite the inflation data published today by Eurostat, which reflects a rise of 10% in inflation in the euro area in September at the interannual rate, which marks a new historical record and represents a acceleration of nine tenths with respect to that registered in August. The core inflation rate has climbed to a record 4.8%, five tenths more than in August.

The XTB analyst, Manuel Pinto, points out that September has been marked by inflation and by the “cascade” of decisions in the form of interest rate hikes by central banks, including the United States Federal Reserve (Fed). , the European Central Bank (ECB) or the Bank of England (BoE).

“The worst thing, even so, is that new rate hikes are discounted in the face of the biggest question mark we have today, which continues to involve inflation and the moment when it will peak,” adds the expert, who highlights the behavior of the banking sector in the Ibex 35 during the month of September thanks, in part, to these decisions of the central banks.

In today’s session, the increases of Amadeus (+4.63%), Fluidra (+4.30%), Colonial (+3.96%), Rovi (+3.95%) and Merlin Properties ( +3.54%). On the other hand, Endesa (-1.78%), Red Eléctrica (-1.20%), Enagás (-1.15%) and Solaria (-0.89%) closed negative.

The rest of the European stock markets have also closed higher, with increases of 1.45% in Milan, 1.16% in Frankfurt, 1.57% in Paris and 0.18% in London.

On the other hand, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 88.14 dollars, with a decrease of 0.40%, while Texas stood at 80.81 dollars, after falling 0.42%.

Finally, the price of the euro against the dollar stood at 0.9777 ‘greenbacks’, while the Spanish risk premium stood at 116 basis points, with the interest required on the ten-year bond at 3.273%.