The Ibex 35 closes higher with an increase of 0.15% and maintains 11,700 points

MADRID 8 Oct. () –

The Ibex 35 closed this Tuesday’s session at 11,734.7 points, which represents an increase of 0.15% compared to Monday, in a day with an upward trend after having traded in negative territory for much of the session. .

Thus, the selective has finally managed to close the day positively and remaining above 11,700 integers, despite the fact that a few minutes into the session the index sank to an intraday minimum of 11,606 integers.

Under the macroeconomic umbrella of Spain, the Public Treasury has placed 1,885.43 million euros this Tuesday in a new auction of three- and nine-month bills, within the expected mid-range, and has done so by raising the profitability offered at three months and cutting the referred to nine months to minimums of more than a year and a half ago, according to data published by the agency dependent on the Ministry of Economy.

At the European level, it is worth noting that German industrial production in August rose by 2.9% in monthly terms, well above what the market expected.

Likewise, the member of the European Central Bank (ECB) and vice-president of its Supervisory Board, Frank Elderson, warned this Tuesday that the weakness of economic growth in the eurozone could force the ECB to review its inflation forecasts.

In this way, IAG has been the main bullish value, climbing 1.92%. Rovi (+1.72%), Iberdrola (+1.59%), Acciona (+1.57%), Solaria (+1.49%) and Redeia (+1.29%) have continued their flight on the Stock Market. .

On the opposite side were BBVA (-3.52%, affected by the ex-dividend period), ArcelorMittal (-3.49%), Repsol (-2.90%), Bankinter (-1.79%), Acerinox (-1.59%), Colonial (-1.16%) and Grifols (-0.98%).

In this way, the Ibex 35 has been the only one among the main European markets that has closed in ‘green’. London has fallen 1.36%; Paris, 0.72%; Frankfurt, 0.20%; and Milan, 0.24%.

The barrel of Brent fell 4.44%, to 77.34 dollars, while West Texas Intermediate (WTI) reached 73.62 dollars, 4.55%.

In the debt market, the yield on the Spanish 10-year bond fell to 2.992%, from 3.022% on Monday. In this way, the risk premium against German debt has been reduced by 1.7 points, to 74.9 basis points.

The euro remained practically stable against the dollar at the end of the Spanish stock market session, at 1,097 ‘greenbacks’ for each euro.