The Ibex 35 began this Friday’s session quoted in tables, with a slight rise of 0.05%, and seeks to consolidate 9,900 points. In the rest of the European stock markets the green sign dominates. The Cac in Paris rose by 0.7%, the Mib in Milan by 0.28%, the German Dax by 0.08% and the Ftse 100 in London rose by 0.04%. In the US, the S&P 500 again set new all-time highs yesterday but could not maintain them at the close of the session and remained close to 5,000 points.
Indra leads the increases in the selective at the beginning of the session with a rise of 1.5%, followed by ACS and Melía, which added 0.5%. On the opposite side, Acerinox stands out, down 0.9%, Endesa, down 0.7%, and ArcelorMittal, down 0.5%.
On Thursday afternoon the CNMV suspended Talgo’s trading on a precautionary basis and with immediate effect, after its shares rose on the stock market due to speculation about a Takeover Offer by the Hungarian group DJJ Group, owner of the Aryan railway company Magyar. . Wagon of billionaire Andreas Tombor.
This Friday, the only highlight on the macroeconomic agenda is the publication in Germany of the final reading of the CPI for January, which does not usually vary much in relation to its preliminary reading. On the business front, French luxury giant Hermes has published its quarterly accounts. Its sales increased by 17.5%, a sign that demand for luxury goods is holding up. The firm rises 3.9% on the stock market. On the other hand, the cosmetic company L’Oreal plummeted 7.3% after presenting results that fell below forecasts, due to the drop in sales in China in the final stretch of the year.
In the US, PepsiCo will present its results. Investors will be closely watching the S&P 500 to see if it will manage to close above 5,000 points for the first time in its history, which it was able to surpass yesterday but did not consolidate at the close of the session.
Regarding the energy market, the price of a barrel of Brent oil, used as a reference in Europe, shows a drop of 0.3%, to $81.68. The price of TTF gas fell 1.5%, to 27.3 euros/MWh. In the currency market, the euro gains ground against the dollar, trading at $1.0781. In the area of debt, the interest required on the 10-year Spanish bond amounts to 3.36%.
