MADRID, 20 May. (EUROPA PRESS) –
The Ibex 35 closed the first session of the week with an increase of 0.10%, which has led the index of the Spanish stock exchanges and markets to stand at 11,339.5 points in a context marked by uncertainty after the death of the president of Iran, Ebrahim Raisi, in a helicopter accident.
“It should not cause internal instability in Iran, to the extent that the security forces and the army are under the control of the Supreme Leader [Alí Khameini], although there will be elections in 50 days to name a new president,” the analysts highlight. Income 4.
However, this change may impact the Organization of the Petroleum Exporting Countries and its allies (OPEC), whose next meeting is scheduled for June 1, so experts will pay attention to what happens in this area.
For its part, the ounce of gold, a safe haven asset par excellence, has reached a new record after reaching 2,454.10 dollars (2,259 euros) this morning in a context marked by optimism regarding possible rate cuts by the Federal Reserve. United States (Fed) and tensions in the Middle East, according to market data consulted by Europa Press.
For the next few days, analysts indicate that the markets will focus on the preliminary PMI data for May, which will be released on Thursday for the US, eurozone, United Kingdom and Japan. In addition, the April CPI will be known in the British Isles, while in the United States the minutes of the Federal Reserve (Fed) meeting at the beginning of May will be published.
On the other hand, XTB analyst Manuel Pinto highlights the publication of Nvidia’s quarterly results on Wednesday, at the close of the session in Europe. “They are probably the last ones with such spectacular revenue and profit growth, due to the comparative base effect,” he explains.
The first session of the week was led by CaixaBank (2.01%), followed by Rovi (1.68%), Bankinter (1.48%), Fluidra (1.26%), Enagás (1.14% ), Telefónica (1.11%) and Meliá (0.89%).
On the opposite side were Ferrovial (-1.67%, affected by the ex-dividend effect), Acerinox (-1.05%), Merlin (-0.92%), Acciona Energía (-0.91%) and ACS (-0.90%).
The evolution has been positive for the rest of the main European stock markets, with the exception of Milan, which has fallen by 1.62%. London has advanced 0.05%; Paris, 0.35%; and Frankfurt, 0.35%.
In the raw materials market, a barrel of Brent fell 0.49% at the close of the European trading session, to $83.56, while West Texas Intermediate (WTI) stood at $79.77, a 0.36% less.
In the debt market, the yield on the Spanish bond with a 10-year maturity rose to 3.284%, from the 3.272% recorded at the close of Friday. In this way, the risk premium has fallen two tenths, to 75.5 basis points.
Likewise, at the end of the European session, the euro was trading at an exchange rate in the markets of 1.0859 dollars for each unit of the community currency.
