The Ibex 35 falls 1.2% in the half session with Santander (-5.22%) as a 'red lantern' after presenting accounts

MADRID, 25 Abr. (EUROPA PRESS) -

The Ibex 35 traded in the mid-session with a fall of 1.26%, which brought it to stand at 9,288.2 integers, with Banco Santander as the 'red lantern' by registering a decrease of 5.22% in its price around 1:00 p.m. after presenting its results for the first quarter of the year.

The bank chaired by Ana Botín obtained net attributable profit of 2,571 million euros in the first quarter of 2023, which represents an increase of 1.1% compared to the same period last year. Without counting the impact of the temporary tax on banking income, Santander's net result would have been 2,795 million euros, which would mean an advance of 10%.

The accounts of Enagás have also been known, which obtained a net profit of 54.6 million euros, which represents a drop of 21.2% compared to the 69.3 million euros in the first quarter of 2022, due to the lower regulated income derived from the 'snip' in the regulatory framework of the National Commission for Markets and Competition (CNMC) for the period 2021-2026.

In addition, the gas company and Elecnor announced early this Tuesday the closing of the joint sale of the companies Gasoducto de Morelos and Morelos O

The biggest drops in the Madrid selective at mid-session were for Santander (-5.22%), Banco Sabadell (-3.63%), Grifols (-3.29%), BBVA (-2.38%), ACS ( -1.82%), Solaria (-1.82%), Fluidra (-1.81%) and Enagás (-1.79%).

On the positive side of the table were only Repsol (0.77%), Endesa (0.23%), IAG (0.15%), Iberdrola (0.08%) and Ferrovial (0.07%).

Outside of Spain, investors will learn on Tuesday the results of Microsoft, Pepsico, General Electric, Anglo American and McDonalds, among other companies, and macro data such as Portugal's first-quarter GDP, and new home sales and construction permits. in United States.

Pending next week's central bank meetings, markets will be watching today for a webcast intervention by Andrea Enria, Chairman of the Supervisory Board of the European Central Bank (ECB).

Last night, Isabel Schnabel, a member of the ECB Executive Committee, did not rule out a 50-point rate hike in May, although she qualified that this will be taken based on the data received. "Taking the data into account means that a rise of 50 basis points cannot be ruled out," said Schnabel, who also added that the final rate of interest rates will depend on the information received by the institution.

Like Madrid, the main European stock markets traded with decreases this Tuesday: Milan fell 0.91%, followed by Paris, which lost 0.65%, London, which lost 0.29% and Frankfurt, which fell 0.13%.

In the mid-session of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, fell 0.46% to stand at $82.35, the same as Texas, which marked a price of 78 .39 dollars, 0.47% less.

In the currency market, the price of the euro against the dollar stood at 1.1027 'green bills', while in the debt market, the interest required on the 10-year Spanish bond fell to 3.472%.