November 15 () –
The Ibex 35 has managed to finish the trading day on Tuesday positively, with a rise of 0.27% that has led it to approach the barrier of 8,200 points.
Specifically, the Spanish selective has turned around and closed the session at 8,188.4 points, after the publication of various macro data, including the CPI data for Spain, the GDP for the third quarter of the euro area and the ZEW investor confidence index in Germany.
In Spain, the INE has confirmed that the CPI stood at 7.3% in October in the interannual rate, which means cutting more than one point from the level registered in September, of 8.9%, although it is almost two points more compared to the level of October 2021, when inflation stood at 5.4%.
However, the data for the month of October is the lowest since January, when the interannual rate stood at 6.1%. In addition, the statistical body has cut one tenth, from 0.4% to 0.3%, the monthly advance of the CPI initially estimated.
On the other hand, the eurozone’s GDP slowed its rate of expansion between July and September to 0.2% from the 0.8% observed in the second quarter of the year, according to the estimate published by the community statistical office, Eurostat. This is the weakest growth rate in the euro zone economy since the first quarter of 2021.
In Germany, the Zew index reached its highest level since June, going from -59.2 in September to -36.7 in October.
Data from the United States has also been positive, with producer prices falling more than expected in October and the Empire State indicator improving in November. “All the indicators positively surprise. Both support the idea of a minor rate hike by the Fed at the next meeting in December,” Bankinter analysts point out.
In this scenario, the biggest increases in the Ibex 35 have been presented by Solaria (+7.63%), Sabadell (+5.68%), Endesa (+2.23%), CaixaBank (+2.12%) and Santander (+1.42%).
On the contrary, in the negative field, Grifols (-3.74%), Cellnex (-3.29%), Telefónica (-1.83%) and Fluidra (-0.67%) stood out.
The rest of the European stock markets have closed with increases in Paris (+0.49%), Frankfurt (+0.46%) and Milan (+0.42%), while London has fallen by 0.21%.
Likewise, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 93.43 dollars, with an increase of 0.31%, while Texas stood at 86.25 dollars, with a rise of 0.44%.
Finally, the price of the euro against the dollar stood at 1.0371 ‘greenbacks’, while the Spanish risk premium stood at 104 basis points, with the interest required on the ten-year bond at 3.118%.
