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The Ibex deepens its decline in the half session and stands at the edge of 8,700 points

MADRID, 24 Mar.

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The Ibex deepens its decline in the half session and stands at the edge of 8,700 points

MADRID, 24 Mar. (EUROPA PRESS) -

The Ibex 35 deepened its decline at mid-session, falling by 2.82% after 12:00 noon, reaching 8,717.1 points, thus reaching one of its worst readings so far this year.

The attention of investors this Friday has been focused on the confirmed data of the gross domestic product (GDP), which the INE has placed at 5.5% for the whole of 2022, after having rebounded a slight 0.2% in the fourth quarter of the year.

In a European key, this Friday it has been known that the growth of the activity of companies in Germany and France accelerated in March to maximums of the last 10 months, according to the Composite Purchasing Managers Index (PMI), prepared by S

Likewise, part of the market is also pending the euro summit to be held this Friday, after last night the heads of state and government of the European Union asked the European Commission to "quickly" complete the legislative process. to establish a new framework of fiscal rules in 2023.

Cellnex was the only value that was trading positive towards the mid-session this Friday, with a rise of 1.07%, after learning that the British investor Sir Christopher Anthony Hohn, known as Chris Hohn in the financial world, has become He became the company's largest shareholder after exceeding 9% of the capital.

Regarding the rest of the values, the bank has once again been the 'red lantern' of the selective, after yesterday the Bank of Switzerland, the Bank of England and the Bank of Norway decided to raise interest rates, following in the footsteps of the Bank European Central Bank (ECB) and the United States Federal Reserve (Fed).

Thus, Banco Sabadell fell 7.23%, ahead of -5.69% for BBVA, -5.42% for Unicaja Banco, -5.33% for Banco Santander, -5.23% for Bankinter and -4.25% of CaixaBank.

Compared to the rest of the main European indices, the German DAX fell 2.32%, while the French CAC 40 fell 2.28% and the Italian FTSE MIB fell 2.53%. Thus, the Euro Stoxx 50 fell 2.29%, while the British FTSE 100 fell 1.91%.

The barrel of Brent has experienced a fall of 5.11%, to 72.77 dollars, while the West Texas Intermediate has reached 66.96 dollars, 5.56% less.

The yield of the 10-year Spanish bond in the secondary debt markets has fallen this Friday to 3.131%, compared to 3.246% at which it closed on Thursday. Thus, the risk premium has risen by 2.8 points, to 107.9 basis points.

The euro depreciated 0.78% against the dollar, for which reason it was traded at an exchange rate of 1.0745 dollars in the markets, once again losing the level of 1.08 dollars.

Keywords:
IBEX 35