The Ibex 35 closes in green for the fourth consecutive week and reaches 8,400 points

MADRID, 12 Ago. (EUROPA PRESS) -

The main indicator of the Spanish stock market, the Ibex 35, has returned to close in green, with which it has already accumulated four consecutive weeks on the rise and stands at 8,400 points, 3.7% more than last Friday.

Specifically, the national selective scored 20.4 points, equivalent to 0.24%, and stood at 8,400 points. The rest of the European markets closed the day in green: Frankfurt added 0.74%; Milan, 0.49%; London, 0.47%, and Paris, 0.14%.

At the close of the markets in Europe, the US stock market also recorded gains: the Nasdaq rose 1.22%; the S

This week July inflation was published in the United States, which was 8.5%, while that of Spain stood at 10.8%.

"Many investors have regained optimism considering that inflation has already peaked and that this may cause the Federal Reserve (Fed) to adopt a more dovish stance. Even so, inflation is four times the Fed's target, for what will be necessary to continue falling to the area between 2% and 3%", XTB analyst Joaquín Robles explained to Europa Press.

Thus, he added that next week investors will be awaiting the macroeconomic publications and the statements of the governors of the central banks on the amount of the next rate hikes.

Among the most outstanding data are the ZEW survey of investor confidence in Germany, where a rebound is expected from the lows of last June, as well as the definitive data on inflation in the Eurozone and construction permits and home sales second-hand in the United States, which will offer a vision of a real estate market that is showing signs of weakening.

Back to the Ibex 35, Naturgy was the most bullish value, registering 1.98%, followed by Banco Sabadell and Meliá, with 1.56% and 1.34%, respectively; while Solaria left 2.65% and ArcelorMittal, 1.51%.

In the continuous market, the increase of 6.67% in Tubacex stood out, followed by Amrest and Aedas Homes, which added 5.69% and 5.28%, respectively. On the contrary, Nyesa fell 4.76%.

The price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 98 dollars at the close of the market, with a fall of 1.62%, while Texas stood at 92.45 dollars, after lose 2%.

Finally, the price of the euro against the dollar stood at 1.0251 'greenbacks', while the risk premium stood at 109 basis points and the return on the 10-year Spanish bond stood at 2.092%.