The Ibex 35 yields 0.2% in the mid-session and trades below 8,700 integers

9 Jan. () –

The Ibex 35 lost 0.23% in the mid-session on Monday and was trading below 8,700 integers, in a session marked by the assault of supporters of Jair Bolsonaro on Brazilian institutions to demand the removal of Lula da Silva.

The Renta 4 analysts point out that this social conflict in Brazil “does not seem to be getting worse”, although it may generate volatility among the values ​​most exposed to the country.

In this context, the Ibex 35 stood at 8,681.1 integers, with Solaria (+5.03%), Ferrovial (+1.86%), Acciona Energía (+1.42%), Sabadell (+1, 32%), ACS (+1.29%), Fluidra (+1.21%), Acerinox (+1.20%) and Rovi (+1.00%) as the largest increases.

On the other hand, the greatest falls were registered by Endesa (-2.47%), Unicaja Banco (-1.49%), Santander (-1.26%), Enagás (-0.95%), Iberdrola ( -0.92%) and CaixaBank (-0.82%).

In addition, the markets are digesting the macroeconomic data that was published on Friday of last week, such as the CPI for the euro area or the employment report in the United States. For Renta 4 experts, these publications have come to confirm that the European Central Bank (ECB) “has more work to do” than the United States Federal Reserve (Fed).

It is also worth noting the reopening of China’s borders this Sunday after almost three years of isolation, taking another step towards the end of its ‘Covid Zero’ policy designed to stop the spread of the coronavirus pandemic. Specifically, since yesterday, China no longer requires a quarantine period for people arriving in the country, but it will continue to require a negative Covid-19 test carried out in the last 48 hours.

This week investors will be watching, above all, the inflation data in the United States for the month of December, which will be published on Thursday. Once again, the market will once again be guided by the CPI to anticipate the Fed’s next rate hike at its meeting on February 1.

The rest of the European stock markets traded with increases of 0.07% in Paris, 0.30% in Frankfurt and 0.43% in Milan, except for London, which fell 0.10%.

Likewise, a barrel of Brent quality oil, a reference for the Old Continent, stood at a price of 81.02 dollars, with a rise of 3.11%, while Texas stood at 76.25 dollars, with an increase of 3.35%.

Finally, the price of the euro against the dollar stood at 1.0678 ‘greenbacks’, while the Spanish risk premium stood at 106 basis points, with the interest required on the ten-year bond at 3.335%.