economy and politics

The Ibex 35 falls 0.5% in the half session, after the purchase of First Republic Bank

The Ibex 35 falls 0.5% in the half session, after the purchase of First Republic Bank

May 2. (EUROPE PRESS) –

The Ibex 35 traded in the mid-session of this Tuesday, the first day of the week after yesterday’s holiday, with a fall of 0.58%, which led it to stand at 9,187.40 integers, after knowing the Purchase of First Republic Bank by JP Morgan.

In this sense, the CEO of JPMorgan Chase, Jamie Dimon, has expressed his confidence that the phase of the crisis that has hit the US banking system since last March and which has been characterized by the loss of deposits by regional entities, after the largest bank in the country by assets has acquired First Republic Bank.

Today it has also been revealed that the year-on-year inflation rate in the euro zone accelerated by one tenth in April compared to the previous month, thus reaching 7%, compared to 6.9% in March, putting pressure on the Bank European Central Bank (ECB), which will meet this Thursday, to continue raising interest rates. Investors will also be waiting this week for the decision on the rates taken by the Federal Reserve (Fed) of the United States.

Returning to the Ibex 35, in the mid-session, IAG (+1.91%), Unicaja Banco (+1.41%), Rovi (+1.14%), Mapfre (+0.77%), Banco Santander ( +0.33%), CaixaBank (+0.18%) and Aena (+0.13%) were the only values ​​in ‘green’, discounting the ‘exdividend’ effect on the airport manager’s price.

On the other hand, Cellnex (-1.76%), Enagás (-1.71%), Solaria (-1.61%), Colonial (-1.47%), Repsol (-1.35%) and Merlin Properties (-1.31%) were the values ​​that fell the most.

Like the Madrid selective, the rest of the European places also fell in the half session, except for Milan, which was revalued by 0.33%. Paris lost 0.35%, followed by Frankfurt, with a fall of 0.19%, and London, which lost 0.07%.

Likewise, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at a price of 78.95 dollars, with a fall of 0.45%, while Texas stood at 75.24 dollars. , with a decrease of 0.56%.

Finally, the price of the euro against the dollar stood at 1.0950 ‘greenbacks’, while the Spanish risk premium stood at 104 basis points, with the interest required on the ten-year bond at 3.408%.

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