The selective rebounds 0.5% in a session marked by business results and the recovery of Wall Street
The Ibex-35 ends three days of punishment and advances 0.5% at the close to 8,477 points, in a session marked by the wave of business results and by the rebound of Wall Street after a session of heavy losses in the technological values.
The increases were led by Arcelormittal (+4.2%), Acerinox (+3.96%), Red Eléctrica (+2.46%), Cellnex (+2.36%), Iberdrola (+1.99%) , Repsol (+1.93%) and Enagás (+1.92%). On the other hand, the worst performance was for Aena (-4.23%), Grifols (-3.19%), Telefónica (-1.1%) and Santander (-1.07%).
Investors have tried to rely on corporate results to recover purchases, albeit to a very limited extent. In fact, as the analysts at Link Securities explain, “although there have been very specific reactions from certain stocks after the publication of their results, for better and for worse, the truth is that, for now, the season is going by without no pain or glory, as investors are more aware of other factors ».
Among them, the reaction of central banks to high inflation and the impact that all this may have on economic growth.
In the raw materials market, the price of a barrel of Brent crude oil, a benchmark for Europe, stood at 104.24 dollars, with a decrease of 0.74%, while a barrel of WTI oil, a benchmark for the US, stood at $104.24. In the US, it fell 0.97% to $100.71.
The price of the euro against the dollar stood at 1.0626 ‘greenbacks’, while the Spanish risk premium stood at 97 basis points, with the interest required on the ten-year bond at 1.837%.
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