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The Ibex shoots up to 9,550 points after the ECB rate hike

MADRID, 14 Sep.

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The Ibex shoots up to 9,550 points after the ECB rate hike


The Ibex 35 closed the day with a rise of 1.33% after the rate increase of the European Central Bank (ECB), standing at 9,549 points and accumulating the bulk of the intraday increase just after the new price of money was published in the eurozone.

Before the ECB statement was published, the index of the Spanish stock exchanges and markets was around 9,440. After the increase in interest rates, the index has skyrocketed more than 100 points and has momentarily exceeded 9,560 integers.

The rate increase undertaken this Thursday by the ECB, the tenth in a row, does not mark the end of the consolidation path, since the president of the organization, Christine Lagarde, has left the door open for more increases, refusing to confirm whether the price of money has reached its maximum peak.

In this way, only four stocks have closed the day in 'red': Aena (-2.59%), Fluidra (-0.85%), IAG (-0.61%) and Telefónica (-0.30% ). On the other hand, among the main winners of the session were Solaria (5.25%), Colonial (3.25%), Grifols (2.82%), Acciona (2.56%), Sacyr (2. 44%), Rovi (2.16%), Banco Santander (2.07%) and Ibedrola (2.04%).

Stock market euphoria has been common in European markets. London closed the session advancing 1.93%; Paris, 1.19%; Frankfurt, 0.97%; and Milan, 1.37%.

In the raw materials market, a barrel of Brent advanced 1.61% at the close of the European trading session, up to $93.35, while West Texas Intermediate (WTI) reached $89.97, a 1 .51% more.

The yield on the 10-year Spanish bond closed the day at 3.641%, compared to 3.722% on Wednesday. In this way, the spread against German debt has stood at 104.8 basis points, 2.3 points less.

In the foreign exchange market, the euro has depreciated 0.64% against the dollar, reaching a market exchange rate of 1.0661 dollars for each euro.