Sun. Feb 24th, 2019

The Ibex 35 opens the session with a rise of 0.62% - The Province

The Ibex 35 opens the session with a rise of 0.62% - The Province

TheIBEX 35has started the session this Friday with arise of 0.62%, which has led the selective to be in the8.818.6 integersat 9:01 am, after the heavy losses recorded yesterday, with a2.7% collapse, the biggest fall of the year.

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In this way, the selective Madrid began the day recovering again the cpsychological ota of the entire 8,800, withWall Street in 'red numbers'at the end of the session with a decrease of 0.32%, in a scenario marked by the resurgence of theTrade war between the United States and Chinafter the arrest of Huawei's financial director, Sabrina Meng Wanzhou, by the Canadian authorities on behalf of the United States.

Thus, in the early stages of the session, most of the values ​​awoke in green, led byCie Automotive(+ 1.5%),Santander(+ 1.2%),Sabadell(+ 1.2%),Siemens Gamesa(+ 1.1%),ArcelorMittal(+ 1%) andCaixabank(+ 0.9%), while on the opposite side they were onlyIAG(-0.4%) andRed Eléctrica Corporación(-0.1%).

The rest of the European stock exchanges also opened with profits in the case ofFrankfurt(+ 0.6%) andParis(+ 0.7%).

Likewise, the Spanish risk premium stood at 123 basis points, with the interest charged on the 10-year bond at 1.5%.

For its part, theprice of a barrel of Brent oil, of reference for Europe, was located this Friday in$ 59.55, after yesterday's meetingOrganization of Petroleum Exporting Countries (OPEC)do not specify a supply cut while waiting for negotiations with producers outside the cartel, such as Russia.

In this way, the price of a barrel of reference crude oil for the Old Continent is trading 11% below the end of last year and accumulates a fall of 31% from the annual highs reached at the beginning of last October.

For its part, the price of a barrel of Texas quality oil, a reference for the US, stood at 51.02 dollars this Friday, slightly below the 51.76 dollars at the beginning of the session.

Finally, theThe price of the euro against the dollar stood at 1,1375 'greenbacks'.


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