MADRID, 4 Oct. (EUROPA PRESS) –
The Ibex 35 has risen 3.14% in the session on Tuesday, in what has been its third consecutive session in ‘green’ after having chained a streak of eight negative days.
The Spanish selective has rebounded to 7,696.6 points, in a context marked by inflation and by the decisions of the central banks.
Renta 4 analysts have highlighted the drop in the yields of public debt, both in the United States and in Europe, after the “very weak data” of the manufacturing ISM in the United States, “which the market interprets as a possible brake on interest rate hikes” by the United States Federal Reserve (Fed).
In Spain, it has been known that the number of unemployed rose by 17,679 unemployed in September (0.6%), which placed the total at 2,941,919, its lowest figure in a month of September since 2008. For its part, the Social Security gained an average of 29,286 contributors (0.15%), below the growth registered in this month in 2021 (57,387 affiliates) and 2020 (84,013 employed), but above the advances experienced in the Septembers of the pre-pandemic period and from the years 2017-2019.
In addition, the Government has approved this Tuesday the draft law of the General State Budgets (PGE) of 2023, the most expansive of the Spanish democracy, with more than 198,000 million euros of spending ceiling, which incorporate the increase in the salary of civil servants, the updating of pensions with the CPI, more health spending and new aid to families and the unemployed.
In this scenario, the biggest rises in the Ibex 35 have been presented by IAG (7.43%), Santander (6.98%), BBVA (4.69%), Amadeus (4.55%), Sacyr (4.34 %), CaixaBank (4.27%) and Arcelormittal (3.74%). In the negative terrain, only Aciona (-0.98%) and Enagás (-0.68%) have finished.
The rest of the European stock markets have also registered notable advances in the session, of 2.57% in London, 4.24% in Paris, 3.78% in Frankfurt and 3.42% in Milan.
On the other hand, a barrel of Brent quality oil, a reference for the Old Continent, stood at a price of 91.77 dollars, with an increase of 3.25%, while the Texas stood at 86.34 dollars , after rising 3.24%, pending the meeting of the Organization of Petroleum Exporting Countries (OPEC) and its allies, the group known as OPEC, which will take place this Wednesday, with a possible reduction in oil production.
Finally, the price of the euro against the dollar stood at 0.9967 ‘greenbacks’, while the Spanish risk premium stood at 115 basis points, with the interest required on the ten-year bond at 3.025%.
