economy and politics

The Ibex 35 turns around in the mid-session and advances 0.62%, with Unicaja rising 3.2%

The Ibex 35 turns around in the mid-session and advances 0.62%, with Unicaja rising 3.2%

MADRID Dec. 2 () –

The Ibex 35 registered an advance of 0.62% in the mid-session, reaching 11,712.90 points, compared to the 0.45% drop that it had observed in the first minutes of trading. At the top of the selective was Unicaja, with 3.20%, after having announced on Friday the market closing that it will distribute its first dividend since its listing.

Specifically, the credit institution will pay six cents per share on December 19. This is equivalent to 52% of the consolidated net profit for the first half of the year.

This is the first time that the entity has distributed an interim dividend since its listing on the stock market. Furthermore, this payment is prior to the complementary payment that is expected to be distributed in 2025, once the annual accounts have been approved by the general meeting of shareholders.

On a business level, this Monday Excelsior Times, the group of businessmen led by the president of Audax Renovables, José Elías Navarro, and Inmobiliaria Coapa Larca, controlled by the Mexican Luis Andrés Holzer, has ratified its investment commitments in OHLA after being fulfilled ” in full and to their satisfaction” the conditions to which said investments were linked.

Regarding the macro level, it has been known that the activity of Spanish factories continued to grow in the month of November, although the pace of expansion moderated compared to the previous month, partly as a consequence of the impact of the floods caused by DANA, according to reflects the latest reading of the manufacturing PMI index.

The situation in Spain contrasts with that of the euro zone, whose situation worsened during the month of November, with the PMI index falling from 46 to 45.2 points.

Continuing with Europe, the eurozone unemployment rate stood at 6.3% in October, unchanged from the previous month and at its lowest since the beginning of the series in 1999, while in the EU as a whole the figure remained stable at 5.9%, also its lowest level since records began, according to data published by Eurostat.

In this context, behind Unicaja (+3.20%) were Endesa (+2.12%), Inditex (+1.88%), Ferrovial (+1.49%), ArcelorMittal (+1.43 %) and Aena (+1.37%) as the values ​​that rose the most.

On the opposite side were Grifols (-2.83%), Merlin (-0.58%), Colonial (-0.46%), BBVA (-0.45%), Solaria (-0.33%) and Rovi (-0.31%).

In the mid-session, the evolution of the main European stock markets had a mixed sign. Along with the Ibex 35, the DAX also advanced (+0.47%), while the FTSE 100 fell 0.02%; The CAC 40 fell 0.50% and the FTSE MIB fell 0.41%.

On the other hand, a barrel of Brent reached $72.53, up 0.96%, while West Texas Intermediate (WTI) stood at $68.65, up 1.01%.

In the debt market, the yield on the Spanish bond maturing in 10 years stood at 2.766%, from 2.792% recorded at the close of Friday. In this way, the risk premium against German debt rose 1.3 points, to 71.7 basis points.

Regarding currencies, the euro depreciated 0.47% against the dollar, reaching 1.0526 ‘greenbacks’ for each unit of the community currency.

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