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The Ibex 35 gives up 0.1% at midday due to the falls in Repsol and Telefónica, but with Amadeus shot

MADRID, 7 Nov.

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The Ibex 35 gives up 0.1% at midday due to the falls in Repsol and Telefónica, but with Amadeus shot


The Ibex 35 registered a decrease of 0.1% at midday this Tuesday, reaching 9,232.5 points, affected by the falls in Repsol (-2.06%) and Telefónica (-1.83%), the more pronounced of the selective, although the downward pressure withstood thanks to the momentum of Amadeus (5%), which led the increases, after presenting results.

Before the start of the trading day, Amadeus informed the National Securities Market Commission (CNMV) that it obtained a net profit of 841.9 million in the first nine months of the year, a figure 74.6% higher than the 482 .2 million euros from the same period of the previous year.

Telefónica, for its part, announced that it has launched a voluntary public takeover bid (OPA) for shares representing a maximum of 28.19% of the share capital and voting rights of its German subsidiary, Telefónica Deutschland, of which it currently owns, directly or indirectly, 71.81%. The amount of the operation would be around 1,970 million.

For its part, the Spanish Public Treasury has placed 4,272.32 million euros in 6 and 12 month bills this Tuesday, in the expected medium-low range, and has done so by cutting the profitability offered to investors in both references, according to the data published by the Bank of Spain.

Also in the macro field, this day it was known that industrial production in Germany worsened more than expected in September, while industrial production prices in the eurozone in the same period increased by 0.5% in monthly rate and They fell 12.4% year-on-year.

For its part, tomorrow Germany's inflation and eurozone retail sales will be revealed; on Thursday, China's inflation; and on Friday, the Gross Domestic Product (GDP) of the United Kingdom.

In the middle section of the negotiation, the biggest increases within the Ibex 35 were recorded by Amadeus (5%), Merlín (1.28%) and Inditex (0.57%), while on the opposite side the 'red lanterns ' were Repsol (-2.1%), weighed down by the fall in oil; Telefónica (-1.9%) due to the takeover bid for its German subsidiary and Acciona Energía (-1.46%).

The main European stock markets were also mostly in favor of losses at midday: Paris lost 0.46%; Frankfurt 0.24% and Milan 0.11%, while London managed to advance 0.1%.

At the same time, the price of a barrel of Brent quality oil, a reference for the Old Continent, was below 83.5 dollars, almost 2% less - the lowest since October 6, one day before the attack. of Hamas on Israeli territory -, while Texas fell 1.84%, to $79.35,

However, both continue to have their sights set on the escalation of tensions in the Middle East following the open war between Hamas and Israel, as well as the situation in Iran, in addition to the pressures related to the conflict in Ukraine and the cut in supply of Russia and Saudi Arabia.

In the currency market, the price of the euro depreciated 0.37% against the dollar, to 1.0678 'greenbacks', while the interest on the long-term Spanish bond stood at 3.74% after subtracting five basis points, with the risk premium (the differential with the German bond) at 105 points.