economy and politics

The Ibex 35 is trading with an increase of 0.55% in the mid-session, awaiting the US CPI

The Ibex 35 is trading with an increase of 0.55% in the mid-session, awaiting the US CPI

April 10 () –

The Ibex 35, the main indicator of the Spanish market, was trading in the mid-session on Wednesday with an increase of 0.55%, which took it to 10,874.7 points, in a day in which investors will be pending the United States inflation data in March, as well as the latest minutes of the Federal Reserve (Fed).

Renta 4 analysts remember today's appointment from the Bank of Canada, which could keep its rates at 5%, although the markets will be awaiting the tone of the speech and the indications about a first rate cut in June.

On the business front, Grifols has assured the National Securities Market Commission (CNMV) that it will allocate the proceeds from the sale of 20% of its stake in Shanghai RAAS Blood to Haier, through its subsidiary Qingdao Medical Haier Medical Technology, to reduce secured debt.

Ercros, for its part, has informed the supervisor that it has hired Evercore Partners International as financial advisor and Uría Menéndez Abogados as legal advisor, to provide assistance to the board of directors during the public takeover bid (OPA) process presented by the company. Portuguese chemical firm Bondalti, owned by the José de Mello group, over the Spanish company.

In this context, the biggest increases within the Ibex 35 were recorded by Merlin Properties (+2.44%), Colonial (+2.20%), Amadeus (+2.10%), CaixaBank (+1.87%) , ArcelorMittal (+1.60%) and Solaria (+1.35%). On the other hand, the most notable falls were those of Repsol (-0.73%), Naturgy (-0.69%), BBVA (-0.67%), Indra (-0.54%) and Rovi ( -0.49%).

The main European stock markets were also trading in 'green', with increases of 0.66% in Milan, 0.64% in Frankfurt, 0.58% in London and 0.49% in Paris.

In the raw materials market, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose 0.31%, to $89.70, while that of Texas stood at $85.50. , 0.32% more.

In the foreign exchange market, the price of the euro against the dollar remained practically stable at 1.0861 'greenbacks', while in the debt market the interest required on the 10-year Spanish bond fell to 3.174%, with the risk premium at 81.4 basis points.

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