The Ibex 35 advances 0.5% at closing and remains 'a stone's throw' away from 11,100 points

MADRID, 4 Abr. (EUROPA PRESS) -

The Ibex 35 has advanced 0.53% today, which has allowed it to recover the level of 11,000 points that it had lost last Tuesday and remain 'a stone's throw' away from 11,100 points.

Investors have been waiting today for the publication of the minutes of the meeting of the European Central Bank (ECB) on March 6 and 7, where the members of the supervisor's Governing Council recognized that the arguments in favor of considering a drop in the Interest rates were gaining more and more weight.

Specifically, as reflected in the summary of the deliberations, ECB advisers recognized that, while it was prudent to wait for data and evidence, "the case for considering rate cuts was strengthening."

It was also known this Thursday that activity in Spain's services sector accelerated again in March, as reflected by the PMI index, which rose to 56.1 points from 54.7 the previous month, which represents the best reading of the data. from May 2023.

For its part, the activity of the private sector in the euro zone returned to expansionary territory last March for the first time since May 2023, thanks to the boost coming from the economies of Spain or Italy, as well as a less negative evolution in France and Germany.

In the debt markets, the Spanish Public Treasury has placed 6,568 million euros in an issue of bonds and State obligations, in the high range expected, and has done so by raising the profitability offered to investors by the 10-year reference.

The markets are also monitoring the value of the price of crude oil, which today has given a truce, with a slight drop of 0.22% in the price of a barrel of Brent, reaching 89.15 dollars, and 0.36 % in West Texas, up to $85.11.

In this context, the Ibex 35 has closed at 11,090.9 integers with most of its values ​​positive, highlighting Grifols (3.78%), Solaria (2.32%), Banco Santander (2.01%), Merlin (1.99%) and CaixaBank (1.96%).

On the downside, only eight stocks closed in the red: ACS (-1.24%), Inditex (-1.03%), Cellnex (-0.94%), Aena (-0.61 %), Ferrovial (-0.56%), Amadeus (-0.17%), Redeia (-0.13%) and Fluidra (-0.09%).

The rest of the main European stock markets have closed with a mixed performance: while Paris and Milan have registered slight falls of 0.02% and 0.08% respectively, London has advanced 0.48% and Frankfurt, 0.19% .

In the bond market, the yield on the Spanish bond with a 10-year maturity stood at 3.187%, below the 3.256% observed at the close. In this way, the risk premium stood at 85.9 basis points.

In the foreign exchange market, the euro appreciated 0.27% against the dollar, until trading at an exchange rate of 1.0865 'greenbacks' for each unit of the community currency.