The Ibex 35 trades practically flat in the half session and maintains the whole 9,170.1

May 31. (EUROPE PRESS) –

The Ibex 35 was hesitant in the mid-session, oscillating between slight falls and advances, which led it to remain at 9,170.1 integers.

Today’s session was marked by the publication of the manufacturing PMI in China, which shows that the expansion of economic activity in the Asian country moderated in May, mainly as a result of the contraction observed in the manufacturing sector.

It has also been known that the CPI in France moderated in May to 5.1% in the interannual rate, eight tenths below the increase of 5.9% in the previous month, while in Italy inflation stood at 7.6% in interannual data, compared to the increase of 8.2% in the previous month.

On the other hand, the European Central Bank (ECB) has warned that the tightening of financing conditions as a result of the rise in interest rates to contain high inflation could put families, companies, governments and segments of the sector to the test. market such as real estate, which could reveal vulnerabilities in the financial sector.

Investors will also be awaiting today the approval of the agreement on the US debt ceiling in Congress and the publication by the US Federal Reserve (Fed) of its Beige Book, a document that provides a detailed assessment of the economy. by the 12 US regional central banks.

In this context, the largest increases were recorded by Telefónica (+1.58%), Meliá (+1.01%), Bankinter (+0.91%), Cellnex (+0.82%), Amadeus (+0, 50%) and Endesa (+0.49%), while on the opposite side were Rovi (-4.06%), Solaria (-2.56%), Repsol (-1.55%), Acerinox ( -1.33%), Sacyr (-1.32%) and Fluidra (-1.31%).

The main European stock markets were also trading with a negative sign: with a fall of 0.55% in Paris, 0.43% in Frankfurt, 0.38% in Milan and 0.17% in London.

In the raw materials market, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at a price of 72.09 dollars, with a decrease of 1.97%, while Texas was trading at 68 .30 dollars, with a decrease of 1.67%.

Finally, the price of the euro against the dollar stood at 1.0675 ‘greenbacks’, while, in the debt market, the interest demanded on the ten-year Spanish bond stood at 3.303%, with the premium of risk at 104.7 basis points.