The Ibex opens up and holds on to 9,400 points – The Province

The Ibex opens up and holds on to 9,400 points - The Province

TheIBEX 35 has started the session this Wednesday witha rise of 0.23%, which has led the selective to be in the entire 9,429.5 at 9.01 am, in a day marked by the meeting of theEuropean Central Bank(ECB) and by the European Summit onBrexit.

In particular, the leaders of theEuropean Unionto 27 will demand again this Wednesday the British prime minister,Theresa May, a credible planin exchange for delaying the Brexitto avoid a chaotic divorce, although they will impose a greater extension than the British want and subject to conditions so that London does not block the functioning of the EU while it remains a member state.

Thus, the selective Madrid woke up staying above the psychological level of the entire 9,400, in a day in which the minutes of theFederal Reserveand the US CPI data, one day after theIMFpublish its forecasts on the Spanish and world economy.

After closingWall Streetwitha fall of 0.72%and the Nikkei index of 0.53%, the main European stock exchanges started the session with increases of 0.2% for Frankfurt, 0.1% for Paris and flat behavior for London.

In the early stages of the session, Aena led gains, up 1.4%, followed by Viscofan (+ 1%), Repsol (+ 0.5%), BBVA (+ 0.5%), Sabadell (+ 0.5%), Acciona (+ 0.4%) and Santander (+ 0.4%), while on the opposite side were Gamesa (-0.8%), ArcelorMittal (-0.7) %), Grifols (-0.4%) and Indra (-0.2%).

On the other hand, the price of a barrel of Brent quality oil, reference for theOld continent, it was placed at a price of 70.75 dollars, while Texas was placed at 64.22 dollars.

Finally, the price of the euro against the dollar stood at 1,1267 'greenbacks', while the Spanish risk premium stood at 108 basis points, with the interest charged on the 10-year bond at 1%.


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