The Ibex is trading at the edge of 9,000 points towards the mid-session waiting for the ECB

MADRID, 4 May. (EUROPA PRESS) -

The Ibex 35 traded with a fall of 0.74% towards the mid-session, so that at 12:00 noon it stood at 9,009.2 points, thus deepening the negative path it recorded early in the morning.

Investors have woken up with the unemployment and Social Security affiliation data in Spain for the month of April: unemployment fell by 73,890 unemployed, while Social Security affiliation achieved its best April in history, with 238,436 new jobs .

Likewise, the market is awaiting this Thursday the meeting of the European Central Bank (ECB), which will have to decide whether or not to raise rates, pressured by the year-on-year inflation rate in the euro zone, which accelerated by one tenth in April in compared to the previous month, thus reaching 7%.

By mid-session, virtually all stocks were trading negative. Only Repsol (1.72%), Mapfre (0.06%) and Fluidra (unchanged) were saved from the 'red'.

On the other hand, Aena stood out, leading the decreases with -4.26%, ahead of Unicaja Banco (-2.13%), Meliá (-1.99%), ArcerlorMittal (-1.85%), Merlin (-1.78%), Banco Sabadell (-1.73%) and Grifols (-1.61%).

The rest of the large European markets presented a similar evolution towards the mid-session, with Paris falling 0.72%; Frankfurt, 0.66%; Milan, 0.85%; and London, 0.66%. The Euro Stoxx 50 fell 0.67%.

On its side, oil rebounded slightly after the hefty declines on Wednesday. In this way, a barrel of Brent traded at 72.98 dollars, 0.88% more, while West Texas Intermediate (WTI) stood at 69 dollars, 0.58% more.

The yield of the Spanish bond with a maturity of 10 years in the secondary debt markets reached 3.348% after the half session, compared to 3.315% when it closed on Wednesday. Thus, the risk premium has advanced by 1.8 points, to 108.6 basis points.

In the foreign exchange market, the euro has depreciated 0.08% against the dollar, trading at 1.1053 dollars for each euro.