September 4 () –
The Ibex 35 ended Wednesday’s session by softening the fall it had registered both at the opening and in the mid-session, reaching 11,213.9 points, 0.58% less.
Banca March experts have explained in a report that the main detractor of the stock markets on a global scale has been the concerns in the semiconductor industry, after learning about macroeconomic data that continue to show weakness in the American industrial sector together with a certain slowdown in the growth of global aggregates of semiconductor sales.
In the United States, the S&P 500 fell 2.12% yesterday, the Nasdaq fell 3.26%, while the Japanese Nikkei fell 4.24% early this morning. At the close of the European trading session, the American indices were trading unchanged.
Eurozone private sector activity expanded at its fastest pace since May in August, driven by a faster recovery in the services sector, according to the composite PMI index compiled by Hamburg Commercial Bank and S&P Global, which rose to 51 points from 50.2 in July.
Although the rise marked the sixth consecutive month of growth, the longest period of expansion in more than two years, the underlying data highlighted the euro zone’s “economic fragility”, as new orders, employment and business confidence all fell.
Investors are now waiting for clues to be given by the Fed’s Beige Book, due to be published in a few hours, on the future pace of the US institution’s monetary policy.
In this context, Solaria has been the main bullish value of the selective (+2.36%), followed by Cellnex (+1.24%), Acciona Energía (+1.07%), IAG (+1.01%), Acciona (+0.97%) and Merlin (+0.81%).
On the other hand, Puig Brands was the company that fell the most this Wednesday (-3.08%), followed by Fluidra (-2.92%), BBVA (-2.48%), Acerinox (-1.88%), Banco Sabadell (-1.85%), Amadeus (-1.45%) and Inditex (-1.26%).
The Ibex 35 was not the only country to close the day with losses among the main European stock markets. Paris fell by 0.98%, Frankfurt by 0.83% and Milan by 0.54%. London fell by 0.35%.
In terms of raw materials, the barrel of Brent fell 0.71% at the close of the European session, to $73.23, while West Texas Intermediate (WTI) was at $69.80, down 0.68%.
On the debt markets, the yield on the 10-year Spanish bond stood at 3.041%, down from 3.105% on Tuesday. The risk premium has thus fallen by 1.1 points to 81.7 basis points.
On the currency markets, the euro was trading at 1.1079 dollars per unit of the common currency, which represents an appreciation of 0.33%.
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