MADRID, 23 May. (EUROPA PRESS) –

The Ibex 35 started this Monday’s session with a rise of 1.1%, which has led the selective to stand at 8,573.15 integers at 9:01 a.m., on a day in which investors will closely follow the Siemens Gamesa price, whose titles started with a rebound of more than 6%.

Specifically, Siemens Gamesa shares began the session with a rise of 6.14%, to 17.73 euros, after this weekend Siemens Energy announced a voluntary cash takeover bid for all Siemens Gamesa shares. that it does not yet own, that is, approximately 32.9% of them, with the intention of delisting it.

Thus, it will offer 18.05 euros per share, which represents a premium of 27.7% compared to the last unaffected closing price of May 17, 2022 of 14.13 euros per share.

At current market prices, 100% of Siemens Gamesa would be valued at just over 11,279 million euros, so an offer for 33% would exceed 3,722 million euros.

On the other hand, new data on business expectations and confidence in Germany will be published this Monday. Manufacturing and services PMI data for the world’s major countries will also be released, which should reflect a more negative outlook overall than in previous months.

In the middle of the week the GDP data will be published in Germany, while on Thursday it will be the turn of the United States, among others.

In addition, investors will be attentive this Monday to the meeting of the Eurogroup, which will discuss fiscal developments and the spring package that the Community Executive will present, that is, the country-specific recommendations and guidelines to boost growth and employment while maintaining sound public finances.

In this way, after closing last week with a rise of 1.7% after the improvement in the situation in China, the Madrid selective began the session above the psychological level of 8,500 integers, with all values ??in green, minus Grifols (-0.28%).

In the early stages of this Monday’s session, the biggest increases were scored by Siemens Gamesa (6.14%), Repsol (2.12%), ArcelorMittal (1.95%), IAG (1.83%), Almirall (1.73%), Acerinox (1.69%) and Sabadell (1.67%).

The rest of the European stock markets opened with increases of 1.4% in the case of Frankfurt and 0.8% for Paris and London.

The price of a barrel of Brent crude oil, a benchmark for Europe, stood at 111 dollars, up 1%, while a barrel of WTI oil, a benchmark for the US, rose 0.94%, to the 111 dollars.

Finally, the price of the euro against the dollar stood at 1.0603 ‘greenbacks’.

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