Europe

The Ibex 35 falls 0.7% at the opening and moves away from 8,100 points

The Ibex 35 falls 0.7% at the opening and moves away from 8,100 points

July 1 () –

The Ibex 35 has started the session this Friday with a decline of 0.73%, which has led the selective to move away from the level of 8,100 integers, in a day in which few macroeconomic data will be published, among them the Manufacturing PMIs of the main European economies.

After signing the worst semester since the pandemic between January and June, the Madrid selective began the session at 8,041 points, in a context that continues to be marked by inflation, the decisions of the central banks and the fear of an economic slowdown, as well as the war between Russia and Ukraine.

The main European markets also woke up in negative in the first session of July, with falls of 1.1% in Paris, 1% in Frankfurt and 0.9% in London.

Within the Ibex 35, the biggest drops at the start of the trading day were recorded by Acerinox (-7.1%) and ACS (-6.3%), followed by Fluidra and Grifols, which dropped more than 3%. in the opening.

On the contrary, among the few advances of the selective, those of Indra (+0.4%), Sacyr (+0.3%) and Mapfre and ArcelorMittal, both with increases of 0.2%, stood out.


On the other hand, the price of a barrel of Brent quality oil, a reference for the Old Continent, was quoted at 108.5 dollars, with a decrease of 0.49%, while the Texas was placed at 105.05 dollars, with a decline of 0.67%.

In the currency market, the euro lost positions against the dollar and traded at 1.0461 ‘greenbacks’, while, in the debt market, the Spanish risk premium was around 111 basis points, with the interest required at ten-year bond at 2.438%.

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