The Ibex 35 falls 0.99% in the session, but saves 7,500 points

MADRID, 26 Sep. (EUROPA PRESS) -

The Ibex 35 has fallen 0.99% this Monday, managing to stay above the barrier of 7,500 points that it lost in the middle of the session, in a scenario marked by fear of an economic recession and the victory of the party leader far-right Brothers of Italy (FdI, for its acronym in Italian), Giorgia Meloni, in the elections held in Italy.

On the other hand, Germany's business confidence indicator (Ifo) has worsened more than expected, marking the third worst record in history. "The war in Ukraine, the energy crisis and the tightening of the ECB's economic policy complicate the economic outlook. In this context, it is difficult for Germany to avoid a recession scenario in 2023," Bankinter analysts point out.

In this scenario, the Ibex 35 has closed at 7,508.5 points, at its lowest since November 2020, with most of its values ​​negative.

The biggest falls were presented by Colonial (-3.71%), Solaria (-3.09%), Mapfre (-2.72%), Telefónica (-2.62%), Merlin (-2.46%) and Sabadell (-2.42%).

On the positive side, only Fluidra (3.12%), Sacyr (2.22%), Grifols (0.65%), Indra (0.38%), Amadeus (0.3 %), IAG (0.27%) and Aena (0.23%).

The Italian stock market has reacted upwards to the electoral result, with a rise of 0.67% in the session. As for the rest of the European places, London has increased by 0.03%, Paris has lost 0.24% and Frankfurt has lost 0.46%.

The price of a barrel of Brent quality oil, a reference for the Old Continent, stood at 85.39 dollars, with a decrease of 0.86%, while Texas stood at 78.21 dollars, after falling 0 .62%.

Finally, the price of the euro against the dollar stood at 0.9612 'greenbacks' in the middle of the session, while the Spanish risk premium stood at 116 basis points, with the interest required on the ten-year bond at 3.257 %.