MADRID Jan. 2 () –
The Ibex 35 closed its first session of 2025 with a rise of 0.71%, reaching 11,676.9 points – a high from two weeks ago – despite the general fall in banking securities.
The main indicator of the national market has managed to reverse the losses that have characterized most of the day thanks to the advances of Wall Street during the afternoon, after the index fell to the level of 11,400 integers at noon .
Among the references this Thursday, the PMI indicators published by Caixin of the Chinese manufacturing sector stood out, showing a slowdown in activity in December, although it remains in the expansion zone for the third consecutive month, standing at 50.5 points. .
In its analysis, Caixin has noted that while China’s manufacturing sector continued to expand in the last month of 2024, the growth of new orders and production was softer, while export orders moved lower.
In Spain, manufacturing sector activity once again gained momentum last December, according to the PMI index, which rose to 53.3 points from 53.1 the previous month, thus approaching the 32-month high recorded. in October and extending the expansion sequence to 11 consecutive months.
On the other hand, manufacturing activity in the eurozone deteriorated again in December, with the PMI standing at 45.1 points, compared to 45.2 the previous month, which represents the worst reading of the data in the last three months with a strong divergence between countries, highlighting the improvements in Spain and Greece, in contrast to the worsening observed in Germany, France and Italy.
In the afternoon, it emerged that manufacturing activity in the United States worsened in December for the sixth consecutive month as the Purchasing Managers’ Index (PMI) prepared by S&P Global stood at 49.4 points from the previous 49.7, which It means moving away from the “quasi-stabilization” of the sector in November.
In this context, within the Ibex 35 the advances of Solaria (+6%), Acciona Energía (+5.22%) – after maintaining the investment grade ‘rating’ – and Grifols (+3.37%) have stood out. , Acciona (+2.85%), Naturgy (+2.57%), Puig (+2.55%) and Acerinox (+2.48%).
On the other hand, the declines have been entirely dominated by banking: BBVA has subtracted 1.63%, ahead of Banco Santander (-1.38%), Unicaja (-1.26%), Bankinter (-0.94 %), Sabadell (-0.88%) and CaixaBank (-0.69%).
In the Old Continent, apart from the Ibex 35, the main stock indices have also managed to erase their losses and achieve a positive result: Paris has added 0.18%; Milan 0.55%; Frankfurt 0.58% and London 1.07%.
At closing time in Europe, a barrel of Brent was trading at $76.35, up 2.3%, while West Texas Intermediate (WTI) reached $73.57, up 2.6%. %.
In the debt market, the yield on the Spanish bond maturing in 10 years closed at 3.062% after adding almost one basis point, with the risk premium compared to the German bond at 69 points.
In the foreign exchange market, the euro depreciated 1% at the same time against the dollar, reaching an exchange rate of $1.025 for each unit of the community currency, thus marking an unprecedented minimum since the end of 2022.
For its part, the troy ounce of gold rose 1.35%, to $2,660, while bitcoin advanced 2.5% and was trading at $97,000.
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