It closes Friday with a 0.93% increase, but does not reach the 8,500 point level
The Ibex-35 closed the week with a 1.75% gain, despite the volatility still experienced in the stock markets due to doubts about economic growth, although it has not managed to rise above the level of the 8,500 points it has registered at certain points in this Friday’s session, recovering by 0.93%.
For its part, Europe ended on a mixed sign as Italy ended the week on a slightly positive note, while Germany, the United Kingdom or France finished negatively.
The Ibex 35 ended the week ahead of its competitors, thanks mainly to the 0.93% progress it made this Friday, following the new lockdown easing measures in China, as well as the People’s Bank of China’s announcement of a record reduction in 15 basis points in the benchmark interest rate for five-year bank loans.
The selective has finally moderated its advance this Friday to 0.93%, insufficient to consolidate the 8,500 integers captured at specific moments of the session – a level it has not been able to close since May 4 – thanks to the announcement of the new monetary stimulus in China.
Specifically, the selection closed at 8,484.5 integers, with Rovi leading the revaluations, up 4.08%, followed by Iberdrola (+3.11%), IAG (+2.21%), Cellnex (+2.20%), Almirall (+1.73%) ), Aena (+1.46%) and Fluidra (+1.24%).
In contrast, Solaria (-3.70%), Acerinox (-0.70%), Bankinter (-0.68%), Banco Sabadell (-0.57%), BBVA (-0.57%) ‘finished in the red’. -0.40%), Repsol (-0.21%), CaixaBank (-0.16%), Grifols (-0.15%) and Mapfre (-0.11%).
The rest of the European stock markets closed the session with a 1.19% gain in London, 0.20% in Paris, 0.72% in Frankfurt and 0.12% in Milan.
The price of a barrel of Brent crude, a benchmark for Europe, stood at $112.65, up 0.54%, while the barrel of WTI, a benchmark for the US, rose 0.46%. fell to $112.73.
Finally, the price of the euro against the dollar was 1.0555 greenbacks, while the Spanish risk premium was 110 basis points, with a required yield on the 10-year bond of 2.072%.
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.
