The Ibex falls 0.09% and maintains 9,900 points, with Mapfre falling 5.74%

MADRID, 14 Feb. (EUROPA PRESS) -

The Ibex 35 ended the day this Wednesday with a fall of 0.09%, which implies that the index stood at 9,916.6 points at the close of the market.

The index thus closed the session despite the fact that for much of the day it has been positive, reaching around 9,990 integers.

This Wednesday it was announced that the gross domestic product (GDP) of the eurozone finally avoided entering into a technical recession, which implies two consecutive quarters of decline in activity, after the economy stagnated in the fourth quarter, following the contraction 0.1% of the previous three months, as confirmed by Eurostat.

In the European Union (EU) as a whole, however, activity registered an increase of 0.1% in the fourth quarter, one tenth more than initially expected, after the contraction of 0.1% in the third quarter.

For his part, the vice president of the European Central Bank (ECB), Luis de Guindos, has stressed the need not to get ahead of ourselves, since it will be some time before having the necessary information to confirm that inflation is sustainably returning to the target. Of 2%.

On the other hand, the annual inflation rate in the United Kingdom stood at 4% last January, in line with the rise in prices in December 2023, according to data published by the Office for National Statistics (ONS). .

Investors will not have the reference of the Chinese markets this week, since their stock exchanges will remain closed all week for the celebration of the Chinese New Year.

In this context, Mapfre has been the value that has fallen the most on the day, dropping 5.74%. The insurer reported this Wednesday that it obtained an attributable net profit of 692 million euros in 2023, 7.7% more than in 2022.

The company has also approved to propose to the general meeting of shareholders the payment of a complementary dividend against the fiscal year 2023 of 0.09 euros per share, which is 5.9% more than the previous year.

Behind Mapfre were Acciona Energía (-1.77%), Unicaja (-1.64%), Endesa (-1.54%), Acerinox (-1.16%), and BBVA (-0. 95%).

On the contrary, Grifols was the main bullish value this Wednesday (1.87%), ahead of Rovi (1.54%), Cellnex (1.48%), Fluidra (1.45%), Solaria (0 .75%) and Logista (0.53%).

In the rest of the main European trading floors the evolution has been positive. London has advanced 0.75%; Paris, 0.68%; Frankfurt, 0.38%; and Milan, 0.63%.

At the close of the European trading session, a barrel of Brent stood at $82.62, 0.23% less, while West Texas Intermediate (WTI) fell 0.25%, to $77.70.

In the debt market, the yield on the Spanish 10-year bond has fallen to 3.266%, from 3.345% previously. In this way, the risk premium against German debt has fallen by 2.1 points, to 93.1 basis points.

In the foreign exchange market, the euro advanced 0.24% against the dollar, reaching an exchange rate of 1.0734 dollars for each euro.