economy and politics

The Ibex 35 rises 0.81% boosted by Inditex and Unicaja and recovers 11,700 points a week later

The Ibex 35 rises 0.81% boosted by Inditex and Unicaja and recovers 11,700 points a week later

MADRID Dec. 2 () –

The Ibex 35 closed this Monday with a rise of 0.81%, reaching 11,735.3 points, encouraged by the leadership in the increases of Inditex and Unicaja, a financial entity that at the close of the market last week announced which will distribute its first dividend since its IPO.

The main indicator of the Spanish market has spent almost the entire day in a positive tone, approaching the level of 11,800 integers, although in the last section the advances have lost strength and the indicator has been content with recovering the height of the 11,700 points.

Back with Unicaja, the credit institution will pay six cents per share on December 19. This is equivalent to 52% of the consolidated net profit for the first half of the year.

This is the first time that the entity has distributed an interim dividend since its listing on the stock market. Furthermore, this payment is prior to the complementary payment that is expected to be distributed in 2025, once the annual accounts have been approved by the general meeting of shareholders.

On a business level, this Monday Excelsior Times, the group of businessmen led by the president of Audax Renovables, José Elías Navarro, and Inmobiliaria Coapa Larca, controlled by the Mexican Luis Andrés Holzer, has ratified its investment commitments in OHLA after being fulfilled ” in full and to their satisfaction” the conditions to which said investments were linked.

Regarding the macroeconomic sphere, it has been known that the activity of Spanish factories continued to grow in the month of November, although the pace of expansion moderated compared to the previous month, partly as a consequence of the impact of the floods caused by DANA, according to reflects the latest reading of the manufacturing PMI index.

The situation in Spain contrasts with that of the euro zone, whose situation worsened during the month of November, with the PMI index falling from 46 to 45.2 points.

Continuing with Europe, the eurozone unemployment rate stood at 6.3% in October, unchanged from the previous month and at its lowest since the beginning of the series in 1999, while in the EU as a whole the figure remained stable at 5.9%, also its lowest level since records began, according to data published by Eurostat.

For its part, the PMI indicator for the United States manufacturing sector in November has been revised upwards and is close to expansion territory – it has stood at 49.7 points.

In this context, the best results within the Ibex 35 have been for Inditex (+2.87%), Unicaja (+2.46%), Endesa (+2.41%), Fluidra (+2.02%) and Amadeus (+1.99%) as the stocks that rose the most.

On the opposite side, Grifols (-2.86%), Colonial (-2.75%), Merlín (-1.83%), Repsol (-1.31%), Solaria (-1.16% ) and Enagás (-1%).

European squares have opted entirely for the ‘green’ color: Paris has added 0.02%; Milan 0.21%; London 0.31% and Frankfurt 1.57%.

For its part, a barrel of Brent reached 71.7 dollars at closing time in the Old Continent, 0.2% less, while West Texas Intermediate (WTI) stood at 67.9 dollars, 0.2% less. .16% less.

In the debt market, the yield of the Spanish bond with a maturity of 10 years has closed at 2.764% after subtracting two basis points; In this way, the risk premium against German debt has stood at 73.4 basis points.

Regarding currencies, the euro depreciated 0.75% against the dollar, reaching 1.0496 ‘greenbacks’ for each unit of the community currency.

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