The Ibex closes on Wednesday with a rise of 1.93%, to touch 8,560 points

4 Jan. () –

The Ibex 35 has closed the trading day on Wednesday with a rise of 1.93%, for which it has stood at 8,559.80 points, in a markedly bullish day and in which international trade data has been released for Germany and the PMIs for the euro area and Spain.

According to data published by the German Federal Statistical Office (Destatis), the German country’s import price index registered a record drop of 4.5% last November compared to the previous month, thus accumulating three consecutive months to the drop, while exports became cheaper by 0.5%.

On the other hand, the decline in private sector activity in the euro zone moderated substantially in December, when the Purchasing Managers Composite Index (PMI) stood at 49.3 points from 47.8 the previous month, which which suggests that the contraction in the economy “may be milder than initially anticipated.”

In this sense, the composite PMI index for Spain registered an improvement of three tenths to close 2022 at 49.9 points, on the verge of breaking even.

The value that registered the best performance this Wednesday was Fluidra, with an increase of 4.74%, ahead of IAG (+3.96%), BBVA (+3.94%) and Unicaja Banco (+3.79 %). At the close of the session, only four listed companies were in ‘red’: Repsol (-2.66%), Acciona Energías Renovables (-1.40%), Logista (-0.50%) and Indra (-0 .09%).

Compared to the rest of the main European stock markets, the German DAX has advanced by 2.18%, while the French CAC40 has risen by 2.30% and the Italian FTSE MIB has appreciated by 1.74%. Likewise, the Euro Stoxx 50 index has observed a rise of 2.36%, while the British FTSE 100 has closed the day with a growth of 0.41%.

The barrel of Brent oil has deepened its fall since the mid-session, registering a decrease of 4.07% at the close of the stock market, to 78.77 dollars, while the West Texas Intermediate has fallen 4.11%, to 73, 77 dollars.

The euro has gained some strength against the dollar throughout the session, standing at 1.0610 dollars for each euro, from 1.0598 at the opening. The risk premium closed at 104 basis points, which represents a drop of 2.6 integers compared to Tuesday.