The Ibex 35 dawns with a 0.4% increase below 9,300 points, awaiting the airline
The Ibex 35 entered the session this Friday with a 0.4% gain, taking the selection to 9,275 at 9:02 a.m. on a day when investors will once again wait for results from companies including IAG, Amadeus, and Endesa.
The IAG group, which brings together Iberia, British Airways, Vueling and Aer Lingus, has lived up to its intentions and has exchanged the EUR 100 million loan it made to Globalia in March for a 20% stake in Air Europa, it reported. this Thursday the ‘holding’ to the National Securities Market Commission (CNMV). For example, following the announcement of the agreement on March 17, IAG will take over 20% of the airline and become the second largest shareholder. The deal was conditional on Globalia’s approval of the banks that provided the loan guaranteed by the ICO and SEPI.
In this way, after gaining 0.64% yesterday, the Madrid selective started the session below the psychological level of 9,300 integers, with most values in the green, on a day when a year of the Ukrainian war.
In the early stages of this Friday’s session, the biggest increases were recorded by Amadeus (+2.98%), Aena (+1.04%), Cellnex Telecom (+1.03%), Meliá Hotels (+0, 99%) and Endesa (+0.94%), while on the other hand IAG (-0.96%), Sabadell (-0.32%), Caixabank (-0.25%) and Bankinter (-0. 22%) were.
The rest of the European stock markets opened with gains of 0.3% for Frankfurt and London and 0.5% for Paris.
Similarly, the price of a barrel of Brent grade oil, a benchmark for the Old Continent, stood at $83, up 1%, while Texas stood at $76, up 1%.
Finally, the price of the euro against the dollar was 1.0587 ‘dollars’, while the Spanish risk premium was 106 basis points and the required interest rate on the 10-year bond was 3.483%.
Source: La Verdad
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
