June 26 () –
The Ibex 35 closed this Wednesday with a fall of 0.8%, thus losing the level of 11,100 points, in a session that once again registered a lack of major macroeconomic references.
Among the data that have been known today, only the confidence of German consumers stands out, which has registered a drop of eight tenths for the month of July, according to the index prepared by GfK, which has stood at -21.8 points , which represents the first decline after four months of growth.
Renta 4 analysts highlight yesterday’s publication of consumer confidence in the US, which showed a deterioration due to a certain drop in the expectations component, which confirms Renta 4’s own forecast that the Federal Reserve (Fed) will implement two rate cuts in the second half of the year.
In Spain, Rovi has acknowledged having received non-binding offers from several entities for the acquisition of its third-party manufacturing business, although it has not made any final decision in this regard.
In addition, the IAG shareholders meeting was held in which the CEO, Luis Gallego, indicated that the company has the objective of reaching a “balanced agreement” with the European Commission on the purchase of Air Europa and explained, On the other hand, it is addressing a debate on shareholder remuneration.
In this context, the Ibex 35 has closed at 11,030.5 integers with only three positive values: Rovi (+2.89%), Aena (+0.59%) and Unicaja (+0.32%). On the other hand, the biggest falls have been those of IAG (-2.84%), ArcelorMittal (-2.29%), Merlin Properties (-2.28%), Redeia (-2.14%) and Acciona Energy (-2.00%).
The rest of the main European stock markets have also closed negatively, with falls of 0.69% in Paris, 0.49% in Milan, 0.27% in London and 0.12% in Frankfurt.
In the raw materials market, a barrel of Brent stood at $84.62, 0.46% less, while West Texas Intermediate (WTI) reached $80.34, 0.61% less.
In the debt market, the yield on the Spanish bond with a 10-year maturity stood at 3.329%, compared to 3.270% at Tuesday’s close. In this way, the risk premium against German debt stood at 85 basis points.
In the foreign exchange market, the euro depreciated 0.27% against the dollar, reaching an exchange rate of 1.0686 ‘greenbacks’ for each unit of the community currency.
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