MADRID Jan. 6 () –
The Ibex 35 managed to reach 11,800 points this Monday on a festive day in Spain that was marked by the rise of banks and PMI data from the eurozone and the United States.
During this Monday’s session, the Spanish selective has registered a rise of 1.34% and has risen to 11,808.2 points. The best values have been banks, while renewables have been the most bearish.
Among the few data of the day, the eurozone composite PMI stood at 49.6, at a two-month high, practically on the border between expansion and contraction. The December services PMI has improved to 51.6 from 49.5. In the case of Spain, the composite PMI for December has risen to 56.8, a 21-month high. In the other data of the day, year-on-year inflation in Germany closed the year at 2.6% from 2.2% in November.
For its part, the United States Services Purchasing Managers’ Index (PMI) accelerated in December to 56.8 points from 56.1 points recorded in November, which represents the largest increase important in 33 months.
In this Monday’s session, banks lead the rises of the Ibex 35, with BBVA (+4.57%) and Sabadell (+4.13%) at the head. Santander added 3.44% and CaixaBank, 2.38%.
The gains of Inditex (+1.88%) and Bankinter (+1.8%) have also stood out.
On the opposite side were Solar Energía (-5.01%), Acciona Energía (-1.40%) and Naturgy (-1%).
The increases have been common for all European stock markets and the US stock market also started the first session of the week with gains with technology companies clearly setting the tone after the Christmas festivities.
In the raw materials market, a barrel of Brent oil, the benchmark in Europe, exceeds $77, while West Texas crude oil is close to $75 in the middle of the cold weather in the United States.
In the debt market, the interest rate on the ten-year Spanish bond is around 3.10% and that of the German bund exceeds 2.45%.
Regarding currencies, the euro recovers part of the lost ground against the dollar and is once again close to 1.04 dollars, while the pound exceeds 1.25 units.
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