The Ibex is powered at 1.45% with most values positive
The Spanish stock market had a positive day, in line with Europe. The Ibex 35 received a 1.45% boost this Tuesday, boosted by banking and energy, bringing it closer to the 8,500 mark, in a scenario marked by the evolution of covid-19 in China and the release of macro-economic data. economic data.
The selective closed at 8,475.7 points, most of which were positive. Siemns Gamesa led the gains (+5.45%), followed by CaixaBank (+5.17%), which presented its Strategic Plan 2022-2024 this Tuesday, which generates a 12% return at the end of the period and of 9,000 million euros provides capital.
After that, the largest progress was made by Sabadell (+4.25%), Bankinter (+3.58%), Acerinox (+3.24%), Repsol (+3.15%), IAG (+2.92% ), Santander (+2.91%) and Cellnex (+2.89%).
On the contrary, Naturgy (-0.83%), PharmaMar (-0.71%), Ferrovial (-0.5%), Endesa (-0.25%) and Enagás (-0.19%).
The rest of the European stock markets also closed ‘green’, with increases of 0.72% in London, 1.3% in Paris, 1.59% in Frankfurt and 1.12% in Milan.
This widespread boom in the markets came after authorities in the Chinese city of Shanghai set a target of returning to normal by June. “Fifteen of Shanghai’s 16 districts have lifted covid-19 restrictions outside the quarantine zones,” said Zong Ming, the city’s deputy mayor, as reported by the “China Daily.”
On the other hand, the eurozone’s quarterly Gross Domestic Product (GDP) was released, which registered a growth of 0.3% in the first quarter of 2022 compared to the fourth quarter of last year, when growth was similar, according to the first estimate. of the data published by Eurostat, which includes a 0.5% increase in employment, one-tenth more than in the previous three months. Compared to the first quarter of 2021, the eurozone’s GDP grew by 5.1%, which represents an acceleration of four tenths compared to the year-on-year increase of the previous three months.
In Spain, public sector debt as a whole rose 0.85% in March compared to February, reaching the historic high of 1.453 billion euros, or 117.7% of GDP, according to advanced data released on Tuesday by the government. Bank of Spain. For its part, the trade deficit amounted to 15,416.5 million euros in the first quarter of the year, multiplying by almost five (+372%) registered in the same period of 2021.
On the war conflict, the Russian government acknowledged that there is currently no form of negotiation with the Ukrainian authorities to ease war tensions, according to Moscow due to Kiev’s lack of commitment to a dialogue that has yielded hardly any practical results.
The price of a barrel of Brent oil, a benchmark for Europe, stood at $114.65, with an advance of 0.36%, while a barrel of WTI oil, a benchmark for the US, rose 0.21% to $114.41. Finally, the price of the euro against the dollar was 1.0537 ‘greenbacks’, while the Spanish risk premium was 106 basis points and the required yield on the 10-year bond was 2.115%.
Source: La Verdad
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
