The Ibex 35 starts the week down 0.71% and loses 11,900 points

MADRID 21 Oct. () –

The Ibex 35 started the week with a decrease of 0.71% this Monday, reaching 11,841.10 points, in a session in which the majority of values ​​closed negative.

The day is marked by the 25 basis point cut announced by China, both in the one-year and five-year loan rates, which represents a new monetary stimulus measure to stabilize the real estate sector and boost consumption. according to Renta 4 analysts.

In addition, it highlights this weekend’s attempt to attack a home of Israeli Prime Minister Benjamin Netanyahu, which “could accelerate Israel’s response to Iran, which may cause some volatility in the market.”

This week, however, will continue to be marked by the presentation of results from companies in the US, such as Tesla or Amazon, and the start of the season in Spain, with Bankinter being the first Ibex 35 company to publish its accounts. In the US, the Beige Book of the Federal Reserve (Fed) will be known, which “will serve to prepare for the meeting on November 7”, where the market discounts a drop of 25 basis points.

In this sense, Sacyr has been the value that has fallen the most (-5.24%), after a resolution of an award in the Italian region of Veneto has meant that its Italian consortium SIS will receive 44 million euros this year. euros less than expected from the administrations for one of its highways in the country.

Behind them were Solaria (-3.41%), Merlin (-2.65%), Colonial (-2.56%), BBVA (-2.33%) and Bankinter (-2.20%). On the opposite side, among the stocks that have risen the most are Rovi (+1.18%), Repsol (+0.81%), Inditex (+0.45%), Iberdrola (+0.43%) and ACS ( +0.32%).

The evolution has been similar in the rest of the European stock markets. London has fallen 0.48%; Paris, 1.01%; Frankfurt, 1%; and Milan, 0.71%.

A barrel of Brent stood at $73.78, up 0.96%, while West Texas Intermediate (WTI) advanced 1.26%, to $70.09.

In the debt market, the yield on the Spanish bond with a 10-year maturity has stood at 3.001%, from the 2.873% recorded at the close of Friday. In this way, the risk premium against German debt has risen by three points, to 72.1 basis points.

In the foreign exchange market, the euro depreciated 0.41% against the dollar, reaching an exchange rate of 1.0822 ‘greenbacks’ for each unit of the community currency.