The Ibex signs its best day since March, rising 200 points, halfway to 9,400

MADRID, Oct. 10 (-) –

The Ibex 35 closed its best trading session in more than half a year this Tuesday, having registered an increase of 2.19%, up to 9,352.1 points, in a day in which investors have turned their backs on the possible uncertainty emanating from the conflict between Israel and Hamas.

In the financial field, the market has digested today’s intervention on Monday by the vice president of the United States Federal Reserve, Philip Jefferson, who stated that he would take into account the tightening of financial conditions when determining his vision on the future of monetary policy. Something that could be a sign that he would not be in favor of raising interest rates further.

Previously, the president of the Federal Reserve Bank of Dallas, Lori Logan, indicated that the rise in bond market spreads could encourage the “cooling” of the economy and make it less necessary for the Fed to tighten its monetary policy.

Likewise, it was also announced this Tuesday that the International Monetary Fund has decided to keep Spain’s GDP growth prospects for 2023 unchanged at 2.5%, while lowering it to 1.7%, three tenths less. 2024 expansion.

In this context, Grifols is the largest that has risen the most this session, (+4.39%), ahead of Cellnex (+4.27%), Colonial (+3.92%), Acciona Energías Renovables (+3 .59%), Meliá (+3.22%) and BBVA (+3.07%).

On the opposite side, only Fluidra has closed the day in ‘red’, with a drop of 0.34%. Regarding the smallest increases in the Stock Market, they have occurred in Endesa (+0.79%), Redeia (+0.84%), Mapfre (+0.92%) and Indra (+0.97%).

Stock market optimism has been common for all European stock markets. Thus, the London one closed the session advancing 1.82%; that of Paris, 2.01%; that of Frankfurt, 1.95%; and that of Milan, 2.30%.

At the close of the European trading session, a barrel of Brent was trading at $87.46, down 0.78%, while West Texas Intermediate was at $85.67, down 0.83%.

In the debt market, the yield on the Spanish bond maturing in 10 years has stood at 3.88%, below the 3.925% recorded at the close of Monday. In this way, the risk premium has fallen to 110.5 basis points, almost five points less than the previous close.

In the foreign exchange market, the euro appreciated 0.48% against the dollar, until trading at an exchange rate in the markets of 1.0618 ‘greenbacks’ for each euro.

Related articles

Six sports races taking place this weekend in Quito

This Saturday, May 18 and Sunday, May 19, six sporting events will take place in public spaces, which have the authorization of the Metropolitan...

Two Trump vs. debates Biden: when will they be?

Although primary elections have yet to be held in certain states of the 51 that comprise the territory of the United States, Donald Trump...

The day after the climate tragedy in Rio Grande do Sul

SAINT PAUL After visiting the city of Guaíba, neighboring Porto Alegre, it becomes difficult to hear the foolish arguments of the “deniers” of climate...

Waiting for Prabhas’ ‘Bujji’.. Darling fans are angry with Vyjayanthi

Darling Prabhas said that Kalki will be released on Saturday at five o'clock in the evening from 2898 AD. Fans were eagerly waiting...