The Ibex maintains its distance with 9,400 points towards the half session and falls 0.31%

24 Apr. (EUROPE PRESS) –

The Ibex 35 kept the distance it had maintained since the opening with the level of 9,400 points towards the mid-session, standing after 12:00 noon at 9,382.9 points, with a decrease of 0.31%.

In Spain, the results season, which started last Thursday with Bankinter, will continue this week with the accounts of BBVA, Santander, Iberdrola, Repsol, Enagás, Aena and Redeia, among other large companies.

This Monday, before the opening of the market, the results of FCC were announced, which obtained an attributable net profit of 96.9 million euros in the first quarter of the year, a figure 13.9% higher than that of the same period of 2022.

This week there will also be several shareholders’ meetings, such as those of Endesa and Iberdrola. The latter plans to address the re-election of Ignacio Sánchez Galán as president until 2027.

In the macro sphere, between next Thursday and Friday the unemployment data from the Active Population Survey (EPA) and the GDP for the first quarter of the year will be published in Spain, while the advance CPI for the month of April will be known .

In addition, the Spanish Government will send this week to Brussels the 2023-2026 Stability Program that will include the medium-term fiscal scenario and the update of the macroeconomic picture, in a context of high international uncertainty due to the impact of the war in Ukraine and the recent financial turmoil.

Among the values ​​that were trading higher after the mid-session, Acciona was the one that rose the most (+1.24%), ahead of Sacyr (+1.21%), Logista (+1.15%), Meliá (+ 0.59%) and Amadeus (+0.32%).

On the other hand, Endesa dropped 1.55%, ahead of Banco Sabadell (-1.28%), CaixaBank (-1.23%), Telefónica (-1.04%), Unicaja Banco (-0, 98%) and Bankinter (-0.82%).

In the rest of Europe, all the big parks have started the week in negative. Germany’s DAX index fell 0.04%, while Italy’s FTSE MIB index fell 0.99% and France’s CAC 40 index fell 0.12%. The Euro Stoxx 50 thus fell 0.15%, while the British FTSE 100 traded with a decrease of 0.08%.

The barrel of Brent stood at 81.32 dollars, 0.43% less, while the West Texas Intermediate (WTI) reached 77.62 dollars, 0.32% less.

The yield of the Spanish bond with a maturity of 10 years in the secondary debt markets was trading towards the mid-session at 3.520%, unchanged from Friday’s close. Thus, the risk premium against German bonds fell four tenths, to 103.5 basis points.

The euro appreciated 0.23% against the dollar around 12:00, reaching an exchange rate of 1.1011 dollars for each euro, thus recovering the level of 1.1 dollars that it had lost in recent days.