MADRID, 16 Feb. (EUROPA PRESS) –
The Ibex 35 deflated at midday after an opening in which it tried to touch 10,000 points and was trading flat, without a clear direction as it alternated between the positive and negative sign, until it stood at 9,925.9 points in a day of low intensity in regarding the publication of macroeconomic and business references.
The Ibex is thus on track to conclude a week without major changes – at 12:00 p.m. it registered a provisional advance of 0.3% -, which contrasted with its European counterparts, which were currently recording revaluations of more than 1.5%. compared to last Friday’s closing
This morning it was confirmed that France’s headline CPI moderated to 3.1% in January, while in the UK January retail sales more than beat market forecasts, rising 0.7% year-on-year and 3.4% in monthly rate.
The markets will in turn be attentive this Friday to the statements of the member of the European Central Bank (ECB) Isabel Schnabel in Florence (Italy), as well as to the publication in the United States this afternoon of indicators such as consumer confidence in February and the production prices in January.
On the other hand, investors have not had the reference of the Chinese markets in recent days, since their stock exchanges have remained closed all week to celebrate the Chinese New Year.
On the other hand, the selective Nikkei, the main reference index of the Tokyo Stock Exchange, closed this Friday’s session with an advance of 0.86% that allowed it to reach 38,487.11 points, its highest level since January 1990 -and one step away from its historical record-, given the expectation that the entry into technical recession of the Japanese economy at the end of 2023 will delay the adjustment of the monetary policy of the Bank of Japan, maintaining the weakness of the yen.
Thus, in the middle section of the negotiation, the largest decreases within the Ibex 35 were recorded by Endesa (-2.25%), Solaria (-1.88%) and Telefónica (-1.6%), while in On the advance side, Fluidra (3.1%), ArcelorMittal (2.48%) and Acerinox (1.78%) stood out.
The main European stock markets, unlike Madrid, opted for gains: London added 0.43%; Paris 0.53% and Frankfurt 0.75%.
At the same time, the price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 82 dollars, 1.05% less, while Texas fell 0.87%, to 77.35 Dollars.
In the currency market, the price of the euro was trading unchanged against the dollar, at 1.0774 ‘greenbacks’, while in the debt market, the interest required on the 10-year bond rose slightly to 3.286 %, with the risk premium (the differential with the German bond) at 90 points.