economy and politics

The Ibex 35 starts the week giving up 0.66%, up to 9,430 points

The Ibex 35 starts the week giving up 0.66%, up to 9,430 points

June 19 () –

The Ibex 35 has closed the session this Monday with a decline of 0.66%, so that the selective of the Spanish stock markets and markets has stood at 9,431.9 points, in a day in which investors do not count with the reference of the United States, whose stock markets close for the celebration of Juneteenth (Liberation Day).

The market is thus awaiting the data that will be released the rest of the week. Specifically, the inflation data for the United Kingdom will be published on Wednesday, while on Thursday the monetary policy decisions of the Bank of England and the Swiss National Bank will be announced, while on Friday the private activity data of Eurozone Purchasing Managers’ Index (PMI).

On the other hand, this Monday, the Bank of Spain revised its growth forecast for the Spanish economy by 2023 by seven tenths, from 1.6% to 2.3%, as a result of a “more intense” increase in activity in the first months of the year and the review made by the National Institute of Statistics (INE) of the GDP data for the last quarters of 2022.

In this context, only six stocks closed the day in ‘green’: Grifols (+3.63%), Telefónica (+0.99%), Solaria (+0.50%), Banco Sabadell (+0.34 %), Aena (+0.27%) and BBVA (+0.12%).

On the opposite side were Colonial (-1.92%), Merlin (-1.81%), Logista (-1.73%), ACS (-1.58%), Rovi (-1.56%) and Ferrovial (-1.46%).

The rest of the large European markets have also started the week negatively. Paris has fallen 1.01%; Frankfurt, 0.96%; Milan, 0.39%; and London, 0.71%.

At the close of the European trading session, a barrel of Brent reached 76.07 dollars, 0.69% less, while the West Texas Intermediate (WTI) stood at 71.14 dollars, 0.89% less.

The yield of the Spanish bond with a maturity of 10 years closed the day located at 3.443%, above the 3.386% observed at the close of Friday. Thus, the risk premium advanced 1.4 points, reaching 92.6 basis points.

In the currency markets, the euro depreciated 0.1% against the dollar, so that each unit of the community currency was exchanged for 1.0926 dollars.

Source link