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HomeLatest NewsThe Ibex 35 shakes before the reappearance of the ECB and the...

The Ibex 35 shakes before the reappearance of the ECB and the business results

Date: December 11, 2023 Time: 09:04:14

The Ibex 35 registered a fall of 0.5% this Thursday, up to 8,880 points, on a day in which the season of business results in Spain began, with Bankinter giving the starting signal. In this way, after advancing almost 0.5% yesterday, the index began the session below the psychological level of 8,900 integers, with most of the values ​​in the red, led precisely by Bankinter, which lost 2.15 %.

Behind are Repsol (-1.66%), ArcelorMittal (-1.53%), Acerinox (-1.46%), BBVA (-1.44%), Caixabank (-1.43%), Sabadell (-1.34%), Santander (-1.4%) and IAG (-1.3%). After the losses on Wall Street, the rest of the European stock markets opened with falls of 0.4% for Frankfurt, Paris and London on a day in which the minutes of the last monetary meeting of the European Central Bank (ECB) will be published and in which its president, Christine Lagarde, will appear at the Davos Forum.

“More in the short term, and focusing on today’s session, pointing out that we expect that yesterday’s bad behavior on Wall Street, which already largely conditioned the closing of the European stock markets in the session, will cause the main indices this morning to of these markets open lower, although, in principle, we do not expect large declines and we do expect some profit-taking in the values ​​that have been doing better since the beginning of the year”, say Link Securities analysts.

Likewise, the price of a barrel of Brent oil, a reference for the Old Continent, stands at a price of 84 dollars, with a decrease of 0.8%, while Texas stands at 78 dollars, with a drop of 1 %. Finally, the price of the euro against the dollar stood at 1.0821 ‘greenbacks’, while the Spanish risk premium stood at 94 basis points, with the interest required on the ten-year bond at 2.964%.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.

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