economy and politics

The Ibex remains on the edge of 9,400 points towards the half session

The Ibex remains on the edge of 9,400 points towards the half session

18 Apr. (EUROPE PRESS) –

The Ibex 35 has remained at the limit of 9,400 points in the mid-session, trading at 9,402.7 points (+0.26%) at 12 noon, despite the fact that for much of the morning it had lost that level and come to fall to the environment of the 9,381 integers.

Investors have had this Tuesday the reference of the evolution of the Chinese economy, whose gross domestic product (GDP) significantly accelerated its rate of expansion between January and March, growing by 2.2% compared to the previous quarter, when the activity It increased by 0.6%, after the lifting of the restrictions by the Covid-19.

Compared to the same period in 2022, GDP growth in the world’s second-largest economy reached 4.5% year-on-year, up from 2.9% in the previous three months and exceeding the analyst consensus forecast of 4%.

On the other hand, throughout today the season of business results will continue with the publication of the first quarter accounts of Goldman Sachs, Bank of America or Johnson & Johnson.

Likewise, it has been known that the Public Treasury has placed 1,985.36 million euros this Tuesday in an auction of three and nine-month bills, with a demand of 5,367 million and with an interest rate of 2.94% and 3.199 %, respectively.

Banco Sabadell was the value that performed best towards the mid-session (+3.68%), ahead of CaixaBank (+2.04%), BBVA (+2%), Banco Santander (+1.95%) , Bankinter (+1.94%), Indra (+1.37%) or Unicaja Banco (+1.36%).

On the opposite side, Acciona Energías Renovables has been located, leading the values ​​in ‘red’ with a decrease of 3.40%. Behind were Mapfre (-2.56%), Acciona (-2.26%), Repsol (-1.61%), Cellnex (-1.06%) or Red Eléctrica (-0.86%). .

Compared to the rest of the European markets, the German DAX index advanced 0.45%, while the French CAC 40 did so by 0.51% and the Italian FTSE MIB, 0.69%. Thus, towards mid-session the rise of the Euro Stoxx 50 was 0.62% and that of the British FTSE 100 stood at 0.25%.

In the raw materials market, a barrel of Brent fell 0.21%, to 84.58 dollars, while West Texas Intermediate reached 80.61 dollars, 0.27% less.

The yield of the 10-year Spanish bond in the secondary debt markets has reached 3.490%, from 3.498% at which it closed on Monday. On its side, the risk premium stood at 101.6 basis points, nine tenths less.

Likewise, the euro has appreciated by 0.44% against the dollar, reaching 1.0972 dollars for each euro, once again approaching the level of 1.1 dollars per euro.

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