economy and politics

The Ibex 35 trades aimlessly in the middle of the session and defends 9,500 points, pending Powell and Indra

The Ibex 35 trades aimlessly in the middle of the session and defends 9,500 points, pending Powell and Indra

March 7 () –

The Ibex 35 traded aimlessly at mid-session and tried to maintain the psychological level of 9,500 integers close to 1:00 p.m. on a day in which Indra is the leading value after agreeing on a succession plan with its CEO, Ignacio Mataix.

Specifically, the titles of the technology company led the losses of the Madrid selective, leaving almost 7% and exchanging at a price of 11.56 euros.

Thus, the Madrid selective stood at half a session at 9,512 integers (+0.01%) awaiting the appearance of the president of the United States Federal Reserve (Fed), Jerome Powell, before the Senate Banking Committee, where it could give clues as to what stance the Fed is going to take at this month’s meeting on raising interest rates.

Likewise, the Public Treasury has placed 4,938.49 million euros this Tuesday in an auction of six and twelve-month bills, and has done so by remunerating investors with interests above the 3% threshold in both references, according to published data. by the Bank of Spain.

At a time when private investors are showing great interest in buying this type of debt, the demand in this auction has exceeded 8,695 million euros, although it has not been able to duplicate what was finally awarded.

At mid-session, behind Indra were Sabadell (-2.45%), Caixabank (-1.28%), Unicaja (-0.9%), Sacyr (-0.86%) and Santander (-0 .8%), while on the opposite side were Acciona Energía (+2.37%), Solaria (+2.24%), Acciona (+1.43%), Red Eléctrica (+1.28%) and Enagás (+1.25%).

The rest of the European stock markets were trading positive with increases of 0.1% for Frankfurt and Paris and 0.2% for London.

Likewise, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 85 dollars, with a decrease of 0.6%, while Texas was trading at 80 dollars, 0.6% less.

In the foreign exchange market, the price of the euro against the dollar stood at 1.0658 ‘green bills’, while the Spanish risk premium stood at 102 basis points, with the interest required on the ten-year bond at 3.661%. .

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