The Spanish stock market yields at least 0.03%
The Ibex-35 closed out the session negative, down 0.03%, meaning it broke its bullish streak after six consecutive sessions on the rise, although it has remained above 8,900 points, with the tourism sector on the rise. head of the selective, in a day marked by the party on Wall Street on the occasion of ‘Memorial Day’.
It was announced this morning that the Consumer Price Index (CPI) rose 0.8% in May from the previous month and raised interest rates four-tenths on an annual basis to 8.7% on the back of the rise in gasoline and food prices. .
Similarly, the general index of export prices for industrial products registered an annual increase of 21.1% in April, four-tenths above the March rate and the largest annual increase since the start of the series, in January 2006.
As for central bank statements, the chief economist of the European Central Bank (ECB), Irishman Philip Lane, has maintained in an interview that he considers it appropriate to phase out negative interest rates in the eurozone and defends that raising interest rates by 25 basis points in July and September constitutes a “reference rhythm” in the face of stronger increases in the money price.
In another order, the government of the Russian Federation plans to introduce a mechanism similar to the one it uses to collect gas exports to meet its debt obligations to investors. States blocked dollar payments on Russian debt last week.
In this context, the Ibex 35- is closed at 8,930 points. The largest increases in the index were recorded by IAG (+2.88%), Meliá (+2.62%), Fluidra (+2.53%), PharmaMar (+2.17%), BBVA (+2, 10%), Sabadell (+1.84%) and Rovi (+1.31%).
In the negative area, on the other hand, Solaria (-4.89%), Acciona (-2.49%), Cellnex (-2.33%), Iberdrola (-1.72%), Grifols (-1.26%), Mapfre (-1.24%) and Red Electrica (-1.18%).
In contrast to the Capricorn, the other European stock markets closed positively, with an increase of 0.19% in London, 0.72% in Paris, 0.79% in Frankfurt and 0.70% in Milan.
The price of a barrel of Brent crude, a benchmark for Europe, passed the $120 level, rising 1.18%, while the barrel of WTI, a benchmark for the US, rose 1.0% up to $116.2.
Finally, the price of the euro against the dollar came in at 1.0777 greenbacks, while the Spanish risk premium was 108.7 basis points, with a required yield on the ten-year bond of 2.122% .
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.
