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The Ibex 35 advances 0.1% in the session, but remains below 9,900 integers

MADRID, 18 Ene.

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The Ibex 35 advances 0.1% in the session, but remains below 9,900 integers


The Ibex 35 closed with a slight advance of 0.13%, which brought it to 9,880.3 integers, on a day in which investors will look for clues about future monetary policy with the publication of the minutes of the European Central Bank (ECB).

This Wednesday, the president of the organization, Christine Lagarde, advanced that she saw a likely drop in interest rates in the summer, as long as there are no significant changes in the data, in such a way that the market's expectations of seeing the first drop are moderated. of rates this coming spring.

In addition, today the minutes of the meeting held on December 14, when the central bank decided to keep official rates unchanged, were published today. In these minutes, the ECB foresees that rates will be cut by 75 basis points during 2024.

In the debt markets, the Spanish Public Treasury has placed 6,264.83 million euros in an issue of bonds and obligations of the State, in the high range expected, and has done so by increasing the profitability offered to investors.

In this context, Meliá has closed as the most bullish value, with a rise of 2.65%, in the heat of the good tourist season, followed by Acciona Energía (2.60%), Banco Sabadell (2.46%), Amadeus (1.74%) and IAG (1.69%). On the other hand, the largest falls have been recorded by Grifols (-2.41%), Cellnex (-1.90%), Endesa (-1.73%), Iberdrola (-1.62%) and Naturgy (- 1.45%).

Regarding Grifols, today it was learned that the ECB had contacted several lenders of the pharmaceutical company to collect data on its exposure to the company, given the turbulence unleashed after the 'attack' by the bearish fund Gotham City Research, which accused the Spanish company to manipulate its accounts, causing the price of its shares to plummet.

The rest of the European indices have also registered revaluations in today's session of 1.13% in Paris, 0.84% ​​in Milan, 0.83% in Frankfurt and 0.17% in London.

In the raw materials market, a barrel of Brent experienced an increase of 0.95%, to 78.63 dollars, while West Texas Intermediate (WTI) stood at 73.66 dollars, 1.52% higher .

In the debt market, the yield on the Spanish bond with a 10-year maturity stood at 3.268%, which represents an increase compared to the 3.251% observed at the close of Wednesday. In this way, the risk premium against German debt stood at 93 basis points.

In the foreign exchange market, the euro lost 0.19% against the dollar, trading at an exchange rate of 1.0862 'greenbacks' for each unit of the community currency.