The Ibex 35 stops its 'rally' with a slight drop of 0.1% in the mid-session

MADRID, 21 Nov. (EUROPA PRESS) -

The Ibex 35 was trading in the mid-session with a slight drop of 0.18%, thus stopping a 'rally' that has led it to revalue by almost 3.8% in just over a week.

Specifically, the Madrid selective was at around 12:00 this afternoon at 9,821.0 points, slightly below yesterday's close, when it stood at 9,839.0 points. However, it is still 3.79% more than on November 13, when it was at 9,461.7 points and began a momentum that has led it to set highs since February 2020.

Today's day is marked by the publication of the minutes of the November 1 meeting of the United States Federal Reserve (Fed), when it decided to keep rates at 5.5%.

In this sense, Renta 4 analysts highlight the messages of some members of the European Central Bank (ECB) who consider it "premature" to think about reducing rates, including the governor of the Bank of Spain, Pablo Hernández de Cos, who explained yesterday that the A decision to maintain current rates for a "long enough" time could serve to achieve the 2% inflation target in the medium term.

In the mid-session, the biggest increases within the Ibex 35 were those of Ferrovial (1.56%), Sabadell (1.37%), Inditex (1.13%), Amadeus (1.18%) and Aena (0 .92%). On the other hand, Acciona fell 3.66%, followed by Acciona Energía (-3.37%), Endesa (-1.85%), Merlin (-1.78%), IAG (-1.74% ) and Colonial (-1.26%).

The main European stock markets were trading negatively, with falls of 0.81% in Milan, 0.54% in London and 0.19% in Paris. Only Frankfurt appreciated 0.20%.

In the raw materials market, the price of a barrel of Brent quality oil, a reference for the Old Continent, was above 82 dollars, 0.30% less, while that of Texas fell 0.33% , up to $77.57.

In the currency market, the price of the euro against the dollar stood at 1.0963 'greenbacks', while the Spanish risk premium was around 98 basis points, with the interest required on the 10-year bond at 3.569%.