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The Ibex 35 remains unchanged in the mid-session, with its sights on 10,000 points

MADRID, 13 Feb.

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The Ibex 35 remains unchanged in the mid-session, with its sights on 10,000 points


The Ibex 35 was trading almost flat in the mid-session, with an increase of 0.02%, to 9,986.3 points, with investors waiting to know the inflation data from the United States and the clues it may give about the Fed monetary policy this year.

Although the selective towards 12:00 hours showed almost no variation compared to the opening, in the first hours of trading it was trading negative for most of the time, reaching around 9,950 points.

This Tuesday, the Public Treasury has placed 2,036.27 million euros in three- and nine-month bills, in the middle band of its objectives, and has done so at higher rates in both references and with a demand that has tripled what was finally awarded. .

Regarding the international panorama, pessimism among homebuilders in Germany reached a level never seen before at the start of 2024, according to the latest survey carried out by the Munich Institute for Economic Research (Ifo).

For its part, the increase in salaries in the United Kingdom during the final quarter of 2023 moderated to 6.2% annually, excluding bonuses, compared to the annual increase of 6.7% between the months of September and November, although the The observed increase exceeded the market consensus expectation of 6%, which reinforces the Bank of England's position of waiting before undertaking its first rate cut after the recent cycle of increases.

In this context, Repsol led the Spanish selective towards the middle session (1.51%), ahead of Bankinter (1.15%), Banco Sabadell (1.01%), Mapfre (0.89%), Iberdrola ( 0.88%), Acciona Energía (0.81%) and Acciona (0.62%).

On the opposite side were ArcelorMittal (-1.43%), Acerinox (-1.28%), Cellnex (-1.25%), Solaria (-1.10%), Indra (-1.05%), Naturgy (-1.02%) and Ferrovial (-0.93%).

Regarding the rest of the main European stock markets, London fell 0.21%; Paris, 0.34%; Frankfurt, 0.58%; and Paris, 0.34%. These declines occur in a context in which the Nikkei, the benchmark index for the Japanese markets, closed this Tuesday's session with a rise of 2.89%, to its best level since January 1980, boosted by the rebound of technology and the weakness of the yen.

A barrel of Brent was trading at $82.66 in the mid-session, up 0.80%, while West Texas Intermediate (WTI) reached $77.54, up 0.82%.

In the debt market, the yield on the Spanish bond maturing in 10 years stood at 3.297%, from 3.324% at Monday's close. In this way, the risk premium against German debt was 95.1 basis points, 1.1 points less.

For its part, the euro remained stable against the dollar, trading at an exchange rate of 1.0777 'greenbacks' for each unit of the community currency.