ibex 35, stock market today live | Ibex 35 sticks to 8,000 mark in ECB hangover

ibex 35, stock market today live |  Ibex 35 sticks to 8,000 mark in ECB hangover

ibex 35 Extends the rise mid-session on this Friday. AndThe national index rose 0.39% to 8,041.75. Despite known many negative economic data, the complete hangover from ECB rate hikes.

According to the PMI Index compiled by S&P Global, Activity in the euro area contracted in July for the first time since imprisonment At the beginning of 2021, it is the lowest in 17 months, due to weak demand and strong inflation.

The index published this Friday said it stood at 49.4 in July, down from 52 in May and 50 which separates growth from contraction.

With the exception of those first few months of the pandemic, the July contraction is the first signal by the PMI index since June 2013 and shows that the economy is contracting at a quarterly rate of 0.1%.

however, Selecting the Spanish stock market increases weekly gains. If it holds up at the end of the day, Ibex 35 will manage to close a week on the rise after three consecutive declines.

[La cartera de acciones de Eduardo Bolinches para la sesión de hoy]

This Friday, the biggest risers in the national index are Solaria (3.03%), Selnex (2.84%) and Colonial (2.53%). The biggest declines were reported by Bankinter (3.93%), Fluidra (2.88%) and Banco Sabadell (2.72%).

Select stocks on the Spanish stock market fell 0.2% on Thursday, marking higher-than-expected gains. The official interest rates of the European Central Bank (ECB).

The institution agreed to a more than just increase in the value of money in recent weeks. The Governing Council of the ECB decided 50 basis point hike in interest rates

II BCE introduces its Anti-Fragmentation Tool, which it has called transmission protection device ,transmission protection deviceTPI), whose main objective is to avoid a new debt crisis in the country Eurozone.

[El BCE crea una red de seguridad para países endeudados como España que permite subir tipos más rápido]

Initially, the reaction to European stock markets was positive, led by banks, whose prices moved upwards to “celebrate” the increase in interest rates, especially deposit rates, as they are no longer required to maintain their liquidity in the ECB. didn’t have to pay for it.

However, they lost ground at the end of the day and the European stock markets closed with a mixed trend. this Friday, and They turn upwards after starting the day in negative. Frankfurt adds 0.17%; Paris, 0.18%; London, 0.25% and Milan, 0.16%. The Euro Stokes 50 rose 0.24%.

other thing, Italian President Sergio Mattarella on Thursday accepted the resignation of Prime Minister Mario Draghi. A day later he again lost the support of his government allies in the Senate in the framework of a new trust issue.

TookOne has led the Italian political crisis, So, in the dissolution of Parliament and in Demand to hold assembly elections on September 25

Election “They arrive at a very critical moment for the country and for the eurozone as a whole. Moreover, the outcome of the same does not ensure that Italy will have a strong new government that faces the economic crisis with full guarantees. Is”, Explain to the analysts at Link Securities.

The rise in the Old Continent is in stark contrast to the negative tone of Wall Street futures. New York’s Parquet closed on a positive Thursday, Tesla shares in a session buoyed by momentum after the company announced the best results in its history.

The Dow Jones rose 0.51%; The S&P 500, up 0.99%, and the Nasdaq, 1.36%.

But not all business results are achieved in the same way. American Airlines fell 7.43% after announcing that it reported a profit of $476 million in the second quarter of the year, the company’s first positive result since the outbreak of the pandemic.

Media and telecommunications conglomerate AT&T closed down 7.62%, posting a profit of $8,967 million in the first half, down 1.6% from the previous year.

In the pre-opening of the session, Snap shares dip 29.72%, After publishing a few accounts, which were much less than expected, it pulled all the companies in the sector behind it.

At the opening of the session, euro The yield is exchanged against the dollar and at 1,015 ‘greenbacks’.

After the last fall, brent oilIn Europe of reference, the yield reaches 0.38% and $103.48 per barrel.

Spanish bond interest for 10 years has been reduced to 2.29%; While Spain’s risk premium has risen to 126.85 basis points.

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