June 3 () –
The Ibex 35 finally ended the day this Monday at 11,397.2 points, which represents an increase of 0.66% compared to Friday’s close. With this level, the selective is at its highest since 2015.
Thus, investors’ attention is focused on Thursday, when the ECB will meet and inform the market of its decision. After the rate increases in 2022 and 2023, the agency will lower the price of money for the first time in five years.
The rate cut has already been defined by several members of the ECB Governing Council in recent weeks, so attention will not be focused so much on that movement as on the new macro projections and what the president, Christine Lagarde, says. , about the rate of declines during the remainder of the year.
In the macro field, this Monday it was known that the growth of activity in China’s manufacturing sector accelerated last May to its highest level in 23 months, according to the reading of the PMI index prepared by the consulting firm Caixin.
For its part, the growth of activity in Spain’s manufacturing sector accelerated in May to 26-month highs, according to the PMI index, thanks to the increase in production levels and new orders. In the euro zone as a whole, its manufacturing contraction slowed to a 14-month low.
Solaria has been the main bullish value of the day (+3.65%), followed by Grifols (+3.04%), Cellnex (+2.65%), Indra (+2.37%), Acciona (+ 2.29%) and Acciona Energía (+2.24%).
At the close of the session, only five stocks have ended in ‘red’: BBVA (-1.73%), Repsol (-1.30%), Unicaja (-1.19%), Banco Sabadell (-0.75 %) and Logista (-0.15%).
In the rest of Europe, London has fallen by 0.10%; Paris has progressed by 0.06%; Frankfurt has advanced 0.60% and Milan has risen 0.51%.
The barrel of Brent fell 3.38% at the close of the European session, to $78.34, while West Texas Intermediate (WTI) stood at $74.18, 3.65% less.
In the debt market, the yield on the Spanish bond maturing in 10 years has stood at 3.298%, from 3.392% on Friday. In this way, the risk premium has reached 71.9 basis points, almost one point less.
At the close of the session, the euro was trading with an appreciation of 0.38% against the dollar, up to a cross of 1.0890 dollars for each unit of the community currency.
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