MADRID Dec. 13 () –
The Ibex 35 struggled to maintain 11,800 points in the mid-session this Friday, when around 12:00 p.m. it was trading at 11,811 points (+0.39%), after having registered a price of 11,776 integers at the opening.
The market is still digesting the decision of the European Central Bank (ECB) this Thursday, when it chose to reduce interest rates by a quarter of a percentage point. In the subsequent press conference, the president of the organization, Christine Lagarde, indicated that the possibility of lowering the price of money by 50 basis points was discussed.
Under the macroeconomic umbrella, Spain’s consumer price index (CPI) rose 0.2% in November compared to the previous month and raised its interannual rate six tenths, up to 2.4%, according to definitive data published this Friday by the National Institute of Statistics (INE), which coincide with those advanced at the end of last month.
In the business field, OHLA has already received the disbursement of the first 70 million euros of its capital increase for a global amount of 150 million after having successfully closed the first phase of the operation, the company reported this Friday.
Outside the Ibex 35, the National Securities Market Commission (CNMV) has lifted the precautionary suspension that weighs on the price of Duro Felguera with effect from 8:30 a.m. this Friday after “sufficient information” from the circumstances that advised the adoption of the suspension agreement.
In this context, CaixaBank was the main bullish value in the mid-session (+1.62%), ahead of Inditex (+1.35%), Sacyr (+1.27%), Banco Sabadell (+1.18 %), BBVA (+1.08%), Bankinter (+0.80%). On the opposite side were Acerinox (-2.89%), Solaria (-1.20%), Merlin (-0.77%), Telefónica (-0.72%) and Enagás (-0.65%).
The positive evolution was shared by the rest of the main European stock exchanges. London rose 0.13%; Paris, 0.45%; Frankfurt, 0.43%; and Milan, 0.36%.
Regarding raw materials, a barrel of Brent stood at $74.10, up 0.95%, while West Texas Intermediate (WTI) reached $70.75, up 1.04%.
Regarding debt, the yield in the secondary markets of the Spanish bond with a 10-year maturity reached 2.885%, from 2.878% on Thursday. In this way, the risk premium against German debt stood at 65.7 basis points, 1.6 points less.
The euro appreciated 0.22% against the dollar in the mid-European session, reaching an exchange rate of 1.0490 ‘greenbacks’ for each unit of the community currency.
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