economy and politics

The Ibex 35 rises 0.5% in the half session and advances above the level of 9,200 integers

The Ibex 35 rises 0.5% in the half session and advances above the level of 9,200 integers

May 18. (EUROPE PRESS) –

The Ibex 35 traded in the mid-session this Thursday with a rise of 0.56%, which brought it to stand at 9,263 integers, after yesterday Wall Street closed positively due to the advances between Democrats and Republicans to reach a agreement on the debt ceiling in the United States.

In this regard, Renta 4 analysts point out that these advances are not final, since “additional efforts” will be necessary to reach an agreement and that it could include “certain expense limits.”

“Negotiations will continue without Biden until Monday, when he returns from the G7 meeting and after canceling his further planned visits to Australia and Papua New Guinea, in order to prioritize the issue of the debt ceiling, which could leave the Treasury without liquidity as of June 1,” add the entity’s experts.

Thus, the Nasdaq closed the session yesterday with a revaluation of 1.28%, followed by the Dow Jones (+1.28%) and the S&P 500 (+1.19%). This also boosted European stocks, as the Frankfurt DAX posted a 1.53% gain; the FTSE MIB of Milan, an increase of 1.03%; the CAC 40 in Paris, 0.86%; and the FTSE 100 of London, of 0.61%.

Returning to the Ibex 35, the biggest increases were registered by MeliĆ” (+2.28%), BBVA (+1.79%), Amadeus (+1.47%), Grifols (+1.32%), Acerinox (+1 .16%) and IAG (+1.15%).

On the side of falls, only Unicaja Banco (-0.43%), Iberdrola (-0.17%), Aena (-0.16%), Inditex (-0.16%) and Solaria (-0.07%).

Likewise, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at a price of 76.62 dollars, with a decrease of 0.44%, while Texas stood at 72.52 dollars. , with a drop of 0.43%.

Finally, the price of the euro against the dollar stood at 1.0818 ‘greenbacks’, while the Spanish risk premium stood at 105.3 basis points, with the interest required on the ten-year bond at 3.453%. .

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