economy and politics

The Ibex falls 0.8% after the Easter break and is close to 9,200 points

The Ibex falls 0.8% after the Easter break and is close to 9,200 points

11 Apr. (EUROPE PRESS) –

The Ibex 35 has experienced a decrease of 0.80% this Tuesday after the break in recent days, in which there has been no stock market activity on Good Friday or Easter Monday, so the selective has been located in the 9,237.7 points.

This Tuesday, investors have had the reference of the Spanish public debt, since the Public Treasury has placed 4,840 million euros in letters to six and twelve months, offering in both cases yields above 3%.

It has also been known that China’s year-on-year inflation rate stood at 0.7% last March, which represents a moderation of three tenths with respect to the 1% price increase in February and the slower pace of higher prices from September 2021.

On the other hand, the International Monetary Fund (IMF) has published its new macroeconomic outlook. The agency has lowered its forecast for world GDP growth by one tenth for this year, to 2.8%, while Spain will expand by 1.5%, four tenths more than previous forecasts.

In this way, the session has ended led by ArcelorMittal, which has advanced 4.59%. It was followed by Acerinox (+2.59%), Unicaja Banco (+2.27%), Bankinter (+1.84%) and Mapfre (+1.43%).

On the opposite side was Acciona EnergĂ­as Renovables (-4.33%), leading the decreases ahead of Acciona (-4.24%), Banco Santander (-2.84%), BBVA (-1.49%) , Cellnex (-1.39%) and Naturgy (-1.39%).

The Ibex has been the only index among the main European stock markets that has fallen. The German DAX advanced 0.37%, while the French CAC 40 advanced 0.89% and the Italian FTSE MIB 1.15%. In this way, the Euro Stoxx 50 has advanced 0.55% and the British FTSE 100, 0.57%.

A barrel of Brent stood at 85.43 dollars at the close of the stock market, 1.48% more, while the West Texas Intermediate (WTI) reached 81.34 dollars, 2.01% more.

For its part, the yield on the Spanish bond with a 10-year maturity stood at 3.359% at the close of the session, compared to 3.228% at the previous close. Thus, the risk premium has advanced three tenths, to 104.8 basis points.

In the foreign exchange market, the euro appreciated 0.41% against the dollar and stood at an exchange rate of 1.0903 “green tickets” for each euro.

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