economy and politics

The Ibex 35 advances 0.2% and closes above 9,200 integers

The Ibex 35 advances 0.2% and closes above 9,200 integers

May 17. (EUROPE PRESS) –

The Ibex 35 has closed the session with an advance of 0.22%, which has led it to stand at 9,211.6 integers, marked by the final estimate of the CPI in the euro area in April, when it accelerated one tenth in comparison with the previous month, thus reaching 7%, compared to 6.9% in March.

Likewise, the underlying inflation rate in the euro zone stood at 5.6%, thus showing its first sign of moderation in year-on-year terms since June 2022, after chaining nine consecutive months of ever-higher increases.

It has also been known today that Japan’s GDP registered an expansion of 0.4% in the first quarter of the year, after the stagnation observed in the three previous months.

In this context, Meliá has closed as the bullish value of the day, with an increase of 3.92%, followed by IAG (+2.46%), Sacyr (+2.16%), Sabadell (+1.84% ), ArcelorMittal (+1.83%) and Aena (+1.67%).

On the opposite side were Acciona Energía (-3.12%), Naturgy (-1.78%), Grifols (-1.70%), Solaria (-1.66%), Iberdrola (-1.56 %) and Red Eléctrica (-1.40%).

Regarding the rest of the European markets, London has closed with a fall of 0.36%, while Paris and Milan have registered slight losses of 0.09% and 0.01% respectively. Only Frankfurt ended the session positively, with a rise of 0.34%.

The barrel of Brent stood at 76.49 dollars, 2.14% more, while West Texas Intermediate rose 2.29%, to 72.46 dollars.

In the debt market, the yield on the 10-year Spanish bond stood at 3.389%, while the risk premium fell one tenth, to 106.4 basis points.

In the foreign exchange market, the euro depreciated 0.31% against the dollar, reaching an exchange rate in the markets of 1.0828 dollars for each euro, further moving away from the level of 1.1 ‘green bills’ which he had achieved several days ago.

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