MADRID, Aug. 23 (-) –
The Ibex 35 has finally closed with a slight rise of 0.02%, which has led it to stand at 9,315.6 points, thus culminating a day in which it has come to caress 9,400 points and lose the level of the 9,300 integers.
Today’s main benchmarks have been the PMI indices. First thing in the morning, the preliminary PMIs for Japan have already been released, which suggest that Japanese activity expanded in August thanks to the services sector, as the industrial sector continued to show its weakness.
In the euro area, the PMI index shows that activity in the private sector has deteriorated appreciably during the month of August, when, in addition to the drop in activity in the manufacturing sector, there has also been a worsening in the services sector.
In the case of the US, the PMI indices show that private sector activity is stagnating, as factories have registered a further drop in production and service companies have reported little demand from customers.
On the other hand, the interest rate applied to fixed-rate mortgage loans with a 30-year term in the United States stood at 7.31% last week, its highest level since December 2000, while the demand for mortgages for home purchases has sunk to its lowest since April 1995.
However, this week’s big event is the Jackson Hole central bankers’ summit, which starts tomorrow and whose highlight will be the speeches by the president of the European Central Bank (ECB), Christine Lagarde, and the president of the Federal Reserve of the United States (Fed), Jerome Powell, scheduled for Friday.
In this context, the largest increases have been registered by Solaria (+1.76%), Cellnex (+1.65%), Iberdrola (+1.59%), Telefónica (+1.58%), Colonial (+1 42%) and Naturgy (+1.40%).
On the other hand, the most pronounced falls have been those of Sabadell (-1.40%), Repsol (-1.40%), Bankinter (-1.33%), Santander (-1.19%), CaixaBank (-1.18%) and Grifols (-1.09%).
The rest of the main European indices have closed in ‘green’, with an advance of 0.68% in London, 0.24% in Milan, 0.15% in Frankfurt and 0.08% in Paris.
On the other hand, the price of a barrel of Brent quality oil, a reference for the Old Continent, fell 0.89%, to 83.27 dollars, while Texas stood at 78.97 dollars, 0.85 % less.
In the foreign exchange market, the price of the euro against the dollar climbed to 1.0862 ‘green bills’, while in the debt market the interest demanded on the 10-year Spanish bond relaxed to 3.536% and the risk premium fell to 102 basis points.