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The Ibex 35 rises 1.51% and recovers 10,000 points driven by the banks, with BBVA in the lead (6%)

MADRID, 30 Ene.

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The Ibex 35 rises 1.51% and recovers 10,000 points driven by the banks, with BBVA in the lead (6%)

MADRID, 30 Ene. (EUROPA PRESS) -

The Ibex 35 rose 1.51% this Thursday, which has allowed it to recover the symbolic level of the 10,000 points that it lost two weeks ago - specifically, it closed at 10,039.3 points -, driven by banking values , with BBVA in the lead (6.16%) after having reported record results, while the day has in turn been conditioned by a battery of macroeconomic data.

The selective, which has added 149 points compared to yesterday's close, has thus signed its best session since last November 14 (the indicator then rose by 1.71%) and is now looking ahead to tomorrow's session with the results of Banco Santander and the monetary policy meeting of the United States Federal Reserve (Fed).

Specifically, BBVA, an entity chaired by Carlos Torres, has signed the largest increase in the Spanish selective with that increase of more than 6% after reporting that it registered a record attributable net profit of 8,019 million euros between January and December 2023, a 22 % more in current euros compared to the previous year, excluding from the comparison the net impact of the purchase of offices from Merlin in Spain in 2022.

Likewise, it has announced the payment of a dividend of 0.39 euros gross per share, expected in April, as a complementary dividend for the year 2023. Thus, the bank will distribute to its shareholders a total of 0.55 euros per share charged to the 2023 results, after already giving 0.16 euros in October, which implies raising the dividend by 28% compared to the 0.43 euros that it distributed against the 2022 results.

Added to this is a new share buyback plan worth 781 million euros.

Regarding the 'macro' data, the National Institute of Statistics (INE) reported this Tuesday that the Gross Domestic Product (GDP) grew by 2.5% in 2023, one tenth more than expected. For its part, the Consumer Price Index (CPI) rose three tenths in interannual rate in January, up to 3.4%.

In other geographies, it has been known that Germany's GDP registered a contraction of 0.3% in the fourth quarter of 2023, after the stagnation registered in the two previous quarters, which led the largest European economy to also decline by 0. .3% on average in 2023.

Likewise, France's GDP stagnated again in the fourth quarter of 2023, in line with the paralysis observed between July and September, which led the second largest economy in the EU to close the whole of 2023 with an expansion of 0. 9%, compared to 2.5% in 2022.

The economic sentiment indicator of the European Union (EU) has registered a slight improvement in January, standing at 95.9 points from 95.8 the previous month, its highest level since April of last year, despite the marked deterioration observed in Germany, where the employment expectations indicator has fallen to almost 3-year lows.

For its part, US consumer confidence (Conference Board) in January has risen to its highest level in two years, while the JOLTS job vacancy report for the month of December in the same country has risen when a decline, reflecting a still accelerated labor market. Wall Street was trading undecided as a result of the closing time in Europe.

In Asia, Chinese indices have fallen sharply (Hong Kong's Hang Seng has lost 2.33% and mainland China's CSI 300 has lost 1.78%) while, according to Banca March experts, the order judicial liquidation of Evergrande, which put downward pressure on the prices of other real estate developers in the country.

Given this situation, BBVA has led the rise of the Spanish stock market with a rise of 6.16%, followed by Grifols (4.84%), Rovi (3.43%), Banco Sabadell (3.17%), Inditex ( 2.77%), Caixabank (2.67%), Banco Santander (2.45%), Solaria (2.22%), Fluidra (2.11%), ACS (1.63%) and Unicaja (1 .62%).

On the other hand, Acciona Energía (-2.71%), Acciona (-2.59%), IAG (-1.98%), Colonial (-1.66%) and Telefónica stood out in the loss section. (-1.23%).

Regarding the rest of European markets, Milan - whose index, like the Spanish Ibex, concentrates a large part of its weight in financial entities - has achieved an increase of 1.29%, while Paris has added 0.48%; London 0.44% and Frankfurt 0.18%.

At the close of the session in the Old Continent, a barrel of Brent stood at the edge of 83 dollars, 0.7% more, while West Texas Intermediate (WTI) rose 1.4%, to 77.85 dollars. .

In the debt market, the yield on the Spanish bond maturing in ten years closed at 3.165% after adding four basis points, while the risk premium (the differential with the German bond) stood at 90 points. .

Regarding currencies, the euro became one tenth more expensive against the dollar, registering an exchange rate in the markets of 1.0844 'greenbacks' for each unit of the community currency.

Keywords:
BBVAIBEX 35