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The Ibex rises 0.72% in the half session and exceeds 9,300 points

MADRID, 22 May.

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The Ibex rises 0.72% in the half session and exceeds 9,300 points

MADRID, 22 May. (EUROPA PRESS) -

The Ibex 35 traded with a rise of 0.72% towards mid-session, managing to exceed the level of 9,300 points by standing at 9,318.2 integers at 12:00, in a day with few macroeconomic references and in which the Investors will be awaiting negotiations on the debt ceiling in the United States.

The president of the country, Joe Biden, and the Republican leader in the House of Representatives, Kevin McCarthy, held a "productive" telephone conversation yesterday about the possible extension of the spending limit and the debt ceiling and they have met this Monday for a new meeting in which congressmen Garrett Graves and Patrick McHenry will also be present.

Together with the development of these negotiations on the debt ceiling in the United States, next week will continue to be marked by the evolution of inflation, speculation about the next movements of the central banks and new macroeconomic data, especially highlighting the preliminary data on GDP in United States, which will be announced next Thursday.

In this context, Bankinter was positioned as the value that rose the most towards 12:00 (2.64%), ahead of Banco Sabadell (1.81%), Acciona Energías Renovables (1.67%), Meliá (1, 64%), Telefónica (1.45%), CaixaBank (1.44%) and Unicaja Banco (1.39%).

On the other hand, only five stocks of the Spanish selective traded in negative territory: Mapfre (-1.93%), Fluidra (-1.57%), Grifos (-1.04%), ArcelorMittal (-0.63%) and Acerinox (-0.46%). In the case of Mapfre and ArcelorMittal, the decreases are due to the effect of listing ex-dividend.

In this way, the Ibex 35 stood out from the rest of the European Union stock markets, since the main ones were trading negatively. Frankfurt observed a fall of 0.15% towards the half session, while Paris fell 0.17% and Milan, 0.33%. Thus, the decline in the Euro Stoxx 50 was 0.11%, while London rose 0.26%.

On its side, the barrel of Brent registered a decrease of 0.22%, to 75.41 dollars, while its US counterpart, West Texas Intermediate, stood at 71.27 dollars, 0.39% less.

In the debt market, the Spanish bond with a maturity of 10 years traded with a yield of 3.458%, compared to 3.477% at which it closed on Friday. In this way, the risk premium observed a fall of nine basic points, to 104 integers.

In currencies, the euro appreciated 0.15% against the dollar, so it stood at 1.0821 dollars for each euro, thus recovering the level of the 1.08 'green tickets' that it had recently lost.