economy and politics

The Ibex closes with a rise of 0.16% and moves away from 9,200, with Telefónica falling 4.5%

The Ibex closes with a rise of 0.16% and moves away from 9,200, with Telefónica falling 4.5%

May 11. (EUROPE PRESS) –

The Ibex 35 has closed the session this Thursday at 9,182.8 points, which implies a rise of 0.16%, in a day in which the selective has come to exceed the level of 9,200 points at various times.

Investors have had their sights set on the new day of business results, among them Telefónica, whose shares have dropped 4.54%, after presenting their quarterly results, leading the falls of the Ibex 35.

Specifically, the company billed 10,045 million euros up to March, 6.7% more than the 9,410 million euros reported in the same period of the previous year, although the net profit was 298 million euros, 57.9 % less in year-on-year terms, due to extraordinary, when the market consensus was between 300 and 305 million euros.

Investors are also paying attention to the United States, where once again there is uncertainty due to the approval of the debt ceiling and the possibility that the country may default.

This Thursday, the United States Treasury Secretary, Janet Yellen, has warned that if the country were eventually unable to meet its debt payment obligations, this would cause “an economic and financial catastrophe” that would trigger a global recession. and would threaten to undermine American leadership.

BBVA ended the day as the value with the best performance, advancing 3.74%, ahead of Solaria (+3.46%), Grifols (+3.18%), Fluidra (+1.73%) , Cellnex (+1.51%) and Amadeus (+1.33%).

On the opposite side, following Telefónica (-4.54%) were ArcelorMittal (-2.67%), Indra (-1.42%), Bankinter (-1.23%) and ACS (-1.12 %).

In the rest of Europe, Frankfurt has fallen by 0.39%, while Milan has fallen by 0.61% and France has advanced by 0.28%. London fell 0.14% in the session, while the Euro Stoxx 50 rose 0.07%.

On its side, a barrel of Brent was trading at 75.40 dollars at the close of the European stock market session, 1.33% less, while West Texas Intermediate fell 1.64%, to 71.36 dollars.

The yield on the Spanish 10-year bond ended the day at 3.306%, from 3.371% on Wednesday. In this way, the risk premium has fallen by two tenths, to 108.1 basis points.

The euro traded with a depreciation of 0.58% against the dollar at the close of the European stock market session, standing at 1.0917 ‘green tickets’ for each euro.

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