March 21 () –
The Ibex 35 traded in the mid-session with a revaluation of 2.54%, which allowed it to be placed at 9,057.7 integers around 12:30 p.m., driven by the bank, which registered increases of between 6% and 4% .
Investors remain attentive this Tuesday to the evolution of the financial sector, marked by the sale of Credit Suisse to UBS, as well as the rescue of First Republic Bank, whose shares sank again yesterday by more than 47% despite the injection of liquidity that has received.
In addition, this Tuesday begins the meeting of the Federal Reserve (Fed) of the United States, which will end tomorrow and in which a new increase in interest rates of a quarter of a point could be decided.
Today, the publication of the indicator from the Leibniz Center for European Economic Research (ZEW, for its acronym in German) stands out, which shows that the confidence of German investors worsened in March, after five consecutive months of rises, as a result of the “strong pressure” in the financial markets.
In this context, the largest increases were registered at mid-session by Banco Sabadell (+6.81%), Bankinter (+5.35%), CaixaBank (+5.33%), Santander (+5.05%), BBVA (+4.96%) and Unicaja Banco (+4.87%). Behind the banks were ArcelorMittal (+4%), Grifols (+3.21%), Mapfre (+3.07%), Repsol (+3.06%) and Sacyr (+2.97%).
On the other hand, only Meliá Hotels International (-3.01%), Naturgy (-0.7%), Solaria (-0.42%), Cellnex (-0.3%) and Enagás (- 0.09%).
The rest of the European stock markets were also trading in ‘green’, with an advance of 2.61% in Milan, 1.73% in Frankfurt, 1.64% in Paris and 1.46% in London.
For its part, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose 1.03%, to $74.55, while Texas stood at $68.39, 1. 11% more compared to yesterday’s close.
In the currency market, the price of the euro against the dollar stood at 1.0766 ‘green bills’, while in the debt market, the yield on the Spanish bond with a 10-year maturity stood at 3.280% and the risk premium, at 104 basis points.