Oct. 27 () –
The main indicator of the Spanish stock market, the Ibex 35, dropped 0.22% mid-session, on a day marked by the meeting of the Governing Council of the European Central Bank (ECB) and the presentation of business results.
Specifically, the selective left 17.1 points in the middle of the session, equivalent to that 0.22%, and stood at 7,853 integers. The main European stock markets were trading with a mixed sign, with a bias towards losses: while Paris fell 0.78%; Milan, 0.59%, and Frankfurt, 0.57%, London gained 0.21%.
Investors are awaiting this Thursday the meeting of the Governing Council of the ECB, which will decide on a new rise of 75 basic points in interest rates, according to the consensus of analysts consulted by Europa Press, which would raise the price of money to 2 %, the highest since January 2009.
If it finally materializes, this new rise in rates in the euro zone would be the third in a row since the ECB began to adjust the rate with a first increase of 50 basis points in July, followed by a rise of 75 basis points in September. , the most aggressive in the history of the institution.
Likewise, this morning Banco Sabadell presented results, which earned 709 million until September; Repsol, which boosted its profits to 3,222 million; Metrovacesa, with a profit of 16.2 million, and Unicaja Banco, which earned 260 million.
At a macroeconomic level, it has been known that unemployment rose by 60,800 people between July and September, which is almost 2.1% more than in the previous quarter.
Returning to the Ibex 35, Repsol was the value that rose the most in the middle of the session, registering 3.68%, followed by Meliá Hotels and Inmobiliaria Colonial, which registered gains of 2.52% and 2.3%, respectively.
Acerinox was, however, the most bearish company in the selection, with a mid-session drop of 2.64%, followed by Sacyr and ArcelorMittal, which dropped 2.5% and 2.18%.
In the continuous market, the losses of 6.92% of Arima Real Estate stood out, followed by Nueva Expresion and Unicaja Banco, which fell 5.9% and 4.18%, respectively. Metrovacesa was the most bullish company in the Spanish market at mid-session, rising 8.02%.
The price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 95.71 dollars in the middle of the session, while the Texas price was trading at 87.83 dollars.
Finally, the price of the euro against the dollar stood at 1.0043 ‘greenbacks’, while the Spanish risk premium stood at 110 basis points, with the interest required on the ten-year bond at 3.259%.
