MADRID, 18 Ago. (EUROPA PRESS) –
The Ibex 35 advanced a slight 0.05% in the average session this Thursday and stood at 8,440.3 points, after having yesterday broken its streak of eleven consecutive days in ‘green’.
Late on Wednesday afternoon, the minutes of the last meeting of the US Federal Reserve (Fed) were published, which pointed to more moderate increases in rates to avoid excesses, which raises expectations that the next rise will be 50 basic points, instead of the 75 basic points that the market had been discounting.
Investors learned this Thursday that the year-on-year inflation rate in the euro zone stood at 8.9% in July, compared to the 8.6% registered in June, which represents the highest increase in prices in the region of the euro of the entire historical series and more than four times the price stability target of 2% of the European Central Bank (ECB).
In Spain, the trade deficit multiplied almost six times up to June, due to the strong pull of imports and energy. Likewise, the services sector increased its turnover by 23.4% in June compared to the same month of 2021, moderating the rise registered in the previous month by 4.2 points, and the turnover of the industry rose by 31.7% in June compared to the same month in 2021, mainly due to the boost in sales from the energy sector.
The biggest increases in the Ibex 35 at twelve noon were presented by Repsol (1.82%), Fluidra (1.22%), Rovi (0.88%), Arcelormittal (0.86%) and Colonial (0.78 %).
On the contrary, in the negative terrain Solaria (-2.1%), Acciona (-1.16%), Bankinter (-0.63%), Cellnex (-0.61%) and Sabadell (-0, 59%).
As for the rest of the European places, London lost 0.04% in the mid-session, while Frankfurt rose 0.71%, Paris 0.46% and Milan 0.63%.
The price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 95.09 dollars, with an increase of 1.56%, while Texas was trading at 89.29 dollars, after rising 1.34 %.
In the currency market, the euro lost some ground against the dollar and traded at 1.0170 ‘greenbacks’, while in the debt market the risk premium was around 115 basis points, with the return on the Spanish bond at 10 years climbing to 2.254%.
