The Ibex is trading flat (0.03%) at midday awaiting the ECB minutes with Wall Street closed

MADRID, 23 Nov. (EUROPA PRESS) -

The Ibex 35 was trading flat (0.03%) at noon this Thursday and stood at 9,892.5 points in a transition session due to the absence of Wall Street (closed for the 'Thanksgiving' holiday and tomorrow only will open half a session) and the low volume of publication of macroeconomic references, although investors will be awaiting the publication of the minutes of the last monetary policy meeting of the European Central Bank (ECB).

The Spanish stock, which has briefly surpassed the level of 9,900 points, was trading this Thursday without major fluctuations and after it became known that the activity of the private sector in the euro zone continued its deterioration in November, although at a somewhat faster pace. moderate than in previous months, according to preliminary data from the PMI index, which keeps the region's economy "stuck in the mud" and companies destroyed jobs for the first time since the beginning of 2021.

On the other hand, the markets will remain attentive to the appearance in Porto (Portugal) of Isabel Schnabel, member of the Council of the ECB, and to the beginning of the Christmas shopping season, which officially begins tomorrow with 'Black Friday'.

In the business field in Spain, Endesa informed the National Securities Market Commission (CNMV) that it maintains its investments for the next three years at almost 9,000 million euros and has updated its dividend policy for the period 2024-2026 , maintaining a 70% pay out for the three-year period, although placing the floor in the remuneration to its shareholders at 1 euro per share, with the forecast of being able to reach 1.5 euros in 2026.

In the middle section of this Thursday's trading, the biggest increases within the Ibex 35 were recorded by Unicaja (2.2%), Acciona Energía (1.54%), Solaria (1.3%) and Colonial (0. 6%), while at the other extreme, the 'red lanterns' were Endesa (-2.87%) and IAG (-2.7%).

The European stock markets were also trading at midday with slight movements compared to yesterday's close: London dropped 0.04% and Milan 0.08%, while Frankfurt added 0.15% and Paris 0.2%.

At the same time, the price of a barrel of Brent quality oil, a reference for the Old Continent, fell 1%, to 81.16 dollars, while Texas stood at 76.35 dollars, 0.97% less.

In the currency market, the price of the euro increased by 0.27% against the dollar, up to 1.0918 'greenbacks', while in the debt market the interest required on the 10-year Spanish bond escalated. up to 3.605% after adding almost six basis points and with the risk premium (the differential with the German bond) at 100.8 points.