The Ibex 35 closed this Thursday with an increase of 0.17%, reaching 9,905.4 points, in a day devoid of macroeconomic references and encouraged by ArcelorMittal, which has led the advances with an increase of 4.9% after presenting results, and Talgo, whose trading has been suspended by the CNMV after its share soared almost 10% due to the possible takeover bid by a Hungarian group.

Specifically, under the business umbrella, ArcelorMittal has led the selective profits with an advance of almost 5% despite announcing results in which the attributable net profit fell by 90.12% in 2023, to $919 million ( 852.17 million euros).

The company has explained that performance in 2023 was “severely” affected by the “tragic” accident at the Kostenko mine, in the Karaganda region, located in central Kazakhstan, on October 28, 2023.

For its part, the National Securities Market Commission (CNMV) has suspended the trading of Talgo this afternoon on a precautionary basis and with immediate effect after its shares on the Stock Market suddenly skyrocketed by 10% due to rumors of a Takeover Offer ( OPA).

Last November, the train manufacturing company confirmed the interest that a Hungarian business group had expressed in acquiring 100% of the company at a price of 5 euros per share. At the time of the suspension, Talgo shares rose 9.38%, to 4.78 euros per share, below the takeover price.

The Spanish selective started the morning with doubts after the uneven closing of the Asian stock markets (Tokyo rose 2% and Hong Kong fell 1.3%), where the Chinese consumer price index (CPI) was published, which recorded an interannual drop of 0.8% last January, the largest drop in prices since September 2009 and which represents the fourth consecutive drop in the inflation rate in the country.

The indicator was inclined towards the increases at midday and remained halfway to 10,000 points, however, it finally chose to deflate the advances after the opening of Wall Street, whose main indicator, the Dow Jones, recorded a decrease of 0 .3% at closing time in Europe.

In this context, the steel company ArcelorMittal was the main bullish value (4.9%) of the day, followed by BBVA (1.45%), Repsol (1.33%), Caixabank (1.28%), Cellnex (1.05%) and Inditex (0.99%).

At the opposite extreme, the decreases in Acciona EnergĂ­a (-3.86%), Colonial (-1.69%), Unicaja (-1.69%), Acciona (-1.58%), Grifols (- 1.41%), Redeia (-1.26%), Solaria (-1.22%), Banco Sabadell (-1.2%) and IAG (-1.16%).

Most European stock markets have made gains in the session: Frankfurt has added 0.25%; Milan 0.28% and Paris 0.71%. The exception was London with a decrease of 0.44%.

At closing time in the Old Continent, in the raw materials market, a barrel of Brent stood at $81.26, 2.6% more, while West Texas Intermediate (WTI) advanced 2 .7%, up to $75.55.

The yield of the Spanish bond with a maturity of 10 years has closed at 3.275% after adding four basis points. In this way, the risk premium against German debt stood at 92.5 points.

In the foreign exchange market, the euro remained unchanged against the dollar, trading at an exchange rate of 1.0774 ‘greenbacks’ for each unit of the community currency.