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The Ibex saves 10,100 points with Telefónica as the protagonist by rising 3.2%

MADRID, 20 Dic.

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The Ibex saves 10,100 points with Telefónica as the protagonist by rising 3.2%

MADRID, 20 Dic. (EUROPA PRESS) -

The Ibex 35 closed this Wednesday with a slight drop of 0.06%, reaching 10,101 points, in a day in which the prominence of Telefónica stood out, leading the increases with an increase of 3.2% , after the Government has commissioned the State Society of Industrial Participations (SEPI) to carry out the acquisition of up to 10% of the share capital of the Spanish operator, a decision that was known yesterday after the market closed.

The Spanish selective has started with a downward trend that has endangered the level of 10,000 points at the time of trading - it has hit an intraday minimum of 10,038.6 points - however, the losses have moderated and stabilized one tenth below yesterday's close and have barely detached themselves from those levels until the conclusion of the session.

The main 'macro' reference this Wednesday has been inflation in the United Kingdom, whose general rate stood at 3.9% in November, compared to 4.6% in October, which represents a greater relief than expected by the market consensus, which pointed to 4.4%, and represents the smallest increase in prices since September 2021. As for the underlying inflation rate, it moderated in November to 5.1% year-on-year from 5.1%. 7% from the previous month.

In addition, the Ministers of Economy and Finance of the European Union reached an agreement this Wednesday to reform the EU's fiscal rules which, after four years frozen by the pandemic, once again limit the debt and deficit of the States. member.

On the other hand, it has also been known this day that German industrial production prices have fallen more strongly than expected in November, up to 0.5% in monthly rate, while consumer confidence in December, both of the eurozone and the US (according to the Conference Board index), has improved more than anticipated.

Likewise, the sale of second-hand homes in the United States in November has risen when a slight decrease was expected, which reveals the strength of its economy, while Wall Street indices were trading flat (with slight increases of just one tenth). at closing time in the Old Continent.

In this context, Telefónica has led the increases (3.2%), followed by Rovi (1.39%), Colonial (1.3%) and Bankinter (1.07%). Precisely, the latter has learned after the closing of the session that the board of directors has agreed to propose the appointment of Gloria Ortiz as the new CEO, replacing Maria Dolores Dancausa, who becomes non-executive president.

On the other hand, Enagás has presided over losses (-6%) due to the 'ex-dividend' effect. Discounting this impact, its price has decreased by 1.91%. They were followed by BBVA (-1.11%), Unicaja (-0.94%), Indra (-0.85%) and Acciona (-0.75%).

The main European stock exchanges have concluded trading with a mixed sign: London has added 1.02% and Paris 0.12%, while Milan has left 0.01% and Frankfurt 0.07%.

In the raw materials market, the price of a barrel of Brent quality oil, a reference for the Old Continent, rose almost 1% at the close of the session, to 80 dollars, while Texas stood at 74.66 dollars, 0.95% more.

In the currency market, the price of the euro fell 0.25% against the dollar, to 1.0955 'greenbacks', while the interest on the long-term Spanish bond closed at 2.896% after subtracting five basis points, with the risk premium (the differential with the German bond) at 93 points.