The Ibex 35 closes the week with a rise of 0.6% and recovers 9,200 points

May 12. (EUROPE PRESS) –

The Ibex 35 has closed the week at 9,233.71 points, which is why it has risen 0.55% compared to Friday of last week, in a week marked by business results in Spain. Compared to Thursday, the increase was 0.56%.

“The Spanish stock market closed the week positively in a period marked by the publication of business results and economic data. Investors are still awaiting expectations regarding the next rate hikes, the turbulence in the banking sector and the negotiations on the increase in the debt ceiling”, explained XTB analyst Joaquín Robles.

Among the results that have been released this week are Endesa, Grifols, Sacyr, Fluidra, Telefónica or Técnicas Reunidas, among others.

On the macroeconomic side, the Bank of England decided this week to raise interest rates by 25 basis points, to 4.5%, its highest level since the fall of 2008. On the other side of the Atlantic, in the United States it became known that the inflation data for April eased by one tenth, to 4.9%.

Among the values ​​that have risen the most this Friday, Ferrovial has been in the lead (+1.92%), ahead of Aena (+1.67%), Acerinox (+1.60%), ArcelorMittal (+1, 19%) and Unicaja Banco (+1.15%).

On the other hand, Meliá has been the value that has fallen the most this Friday (-5.56%), ahead of Acciona Energías Renovables (-4.52%), Colonial (-3.12%), Acciona (-1 .59%) and ACS (-1.42%).

Compared to the rest of the European markets, the German DAX has rebounded by 0.50%; the CAC 40, 0.45%; the Italian FTSE MIB, 0.92%; the British FTSE 100, 0.31%; and the Euro Stoxx 50, 0.19%.

At the close of the trading session, a barrel of Brent was trading at $74.22, 1.03% less, while West Texas Intermediate was at $70.15, 1.03% less.

The yield of the Spanish bond with a maturity of 10 years in the secondary debt markets has been located at 3.357%, which is why it has risen compared to the 3.306% that closed on Thursday. Thus, the risk premium against Spanish bonds has stood at 108.1 basis points, unchanged from Thursday.

In the currency markets, the euro has depreciated by 0.57% against the dollar, reaching 1.0854 ‘green notes’ for each euro.

Next week, investors will be watching various macro data from the Eurozone (inflation and GDP), as well as the ZEW confidence index and the Eurogroup meeting. In the field of monetary policy, there will be several interventions by the President of the ECB, Christine Lagarde, and the Vice President, Luis de Guindos.