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The Ibex 35 rises 1.3% in the mid-session and exceeds 11,000 integers

MADRID, 23 Abr.

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The Ibex 35 rises 1.3% in the mid-session and exceeds 11,000 integers


The Ibex 35 rose 1.33% in the mid-session on Tuesday, which led it to recover the 11,000 points lost at the beginning of April, driven by a relaxation of geopolitical tensions, the presentation of business results and the publication of the eurozone PMI index.

On the one hand, Enagás has reported a net profit of 65.3 million euros in the first quarter of the year, which represents 19.5% more than in the same period last year, a result that allows it to advance as expected. planned to achieve the annual objective of profits in the range of 260-270 million euros.

For its part, the Renault group recorded a turnover of 11,707 million euros in the first quarter of the year, a figure 1.8% higher than that of the same period in 2023, as reported by the company this Tuesday, which after the results of the first three months of the year, has confirmed its financial objectives for 2024.

Also in the business field, Telefónica has reported before the opening of the market that it has reached 96.85% of the shares of its German subsidiary, Telefónica Deutschland, after completing the public takeover bid (OPA) for exclusion launched by the operator on March 7.

On the other hand, Grifols has announced the signing of a private placement of €1,000 million in 7.5% senior secured bonds, maturing in April 2030, subject to the usual closing conditions for this type of operations.

At the macroeconomic level, the publication of the eurozone composite purchasing managers' index (PMI) stands out, which shows that the growth of private sector activity in the eurozone has accelerated in April to highs in the last eleven months, driven by the continued expansion of the service sector.

In this context, the Ibex 35 was trading at 11,034.6 integers, with Grifols as a bullish value, registering a rise of 4.52% in the middle section of the session. Behind were Inditex (2.35%), Cellnex (2.06%), IAG (1.97%), Amadeus (1.70%), BBVA (1.68%) and Aena (1.57% ).

Only six stocks were trading in the negative: ArcelorMittal (-1.82%), Unicaja (-1.13%), Acerinox (-0.75%), Bankinter (-0.28%), Enagás (-0.22% ) and Acciona (-0.09%).

The main European stock markets were also trading with increases: 1.13% in Milan; 0.71% in Frankfurt; 0.35% in Paris; and 0.31% in London.

In the middle session, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose 0.11%, to 87.10 dollars, while that of Texas stood at 81.95 dollars, a 0.06% more.

In the foreign exchange market, the price of the euro against the dollar advanced to 1.0661 'greenbacks', while in the debt market the interest required on the 10-year Spanish bond fell to 3.246%, while the risk premium fell to 77 basis points.