2 Jul. () –
The Ibex 35 closed Tuesday’s session with a fall of 1.30%, reaching 10,912.8 points, on a day in which most of its stocks closed in the red.
On Tuesday’s macroeconomic agenda, it was announced early in the morning that registered unemployment in Spain fell by 46,783 unemployed in June and stood at 2.56 million (the lowest since 2008), while Social Security gained 71,095 average members and reached a new record of 21.4 million employed.
Also at the national level, the Treasury has placed almost 5 billion euros in short-term debt on Tuesday, in the expected average range, and has done so by offering higher yields for 6-month bills and lower yields for 12-month bills, according to data published by the Bank of Spain.
On the other hand, the eurozone inflation rate in June stood at 2.5% year-on-year, one-tenth below the rise in prices observed in May, according to the provisional estimate of the data published by the European statistical office, Eurostat.
It has also been learned that the unemployment rate in the Eurozone stood at 6.4% last May, in line with the figure for April and the lowest since 1999, the beginning of the historical series, while in the European Union as a whole unemployment remained stable for the third consecutive month at 6%, thus repeating its lowest level ever, which gives the European Central Bank (ECB) room to calmly address the reversal of its monetary policy.
In this context, only four stocks have ended the day in the green: Repsol (+1.65%), Merlin (+0.48%), Sacyr (+0.42%) and IAG (+0.41%).
On the other hand, among the largest declines, affected by the ex-dividend effect, were Enagás (-9.29%), Acciona (-6.55%) and ACS (-4.19%). Behind them were Solaria (-2.93%), Banco Santander (-2.79%), Unicaja (-2.76%) and Acciona Energía (-2.75%).
The negative trend was greater than in the other major European stock markets. London fell by 0.56%; Paris by 0.30%; Frankfurt by 0.69%; and Milan by 0.70%.
A barrel of Brent crude oil was trading at $86.56 at the end of the European trading session, down 0.05%, while West Texas Intermediate (WTI) crude oil was trading at $83.15, down 0.28%.
In the debt market, the yield on the 10-year Spanish bond has reached 3.442% from 3.472% at the close on Monday. The risk premium has thus been reduced to 83.9 basis points, down 2.6 points.
On the foreign exchange market, the euro/dollar exchange rate remained unchanged, with each euro trading at 1.0733 dollars.
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