Ibex 35 crashed in Friday’s session. Spain’s stock market index fell – after a nine-day streak of rise – after hitting all-time highs above 16,800 points. As a result of this decline, The weekly increase was reduced to 1.94%.
Exactly, the Spanish stock market index reached levels never seen before at 16,846.63 integers. However, in the last part of the session, he began to decline until he finished it Declining 0.35% to 16,688.5 points.
The drop arrives this Friday After nine consecutive sessions on the rise. This means that without this setback, the Spanish team would have had two perfect weeks in a row. The rebound from the previous one was 3.47%.
However, this new weekly advance is up The cumulative annual profitability of Spanish Selective is 43.9%.
Fluidra (+1.82%), Puig (+1.74%) and Rydia (+1.2%) led increases in selectivity in Friday’s session. The biggest losses were those Logistics (-3.27%), nature (-1.8%) And Solaria (-1.66%).
This is how Ibex 35 closes
The performance of the week as a whole stands out InditexThe textile company’s shares rose by 13.5% in the past five sessions, driven by the results obtained in the first nine months of the year.
Progress also emerged in Sabadell and Unicaja, at 4.3% and 3.7%, respectively.
Logista’s decline on Friday made the company the worst value on the Ibex 35 index this week. The cumulative decline is 3.74%, higher than Acerinox (-3.45%) and Amadeus (-2.9%).
Major European stock exchanges They finished the day with the most increases, though only the minimum. The German DAX index rose by 0.78%. French CAC 40, 0.02%; And the Italian FTSE Mib index by 0.01%.
Like the Ibex 35, the UK’s FTSE 100 ended the day in red. The decrease amounted to 0.41%.
Even though Friday fell… The Spanish national team leads the weekly increases in the Old ContinentThe rest of the indices – except for the London index – are also rising, but to a lesser extent.
The week was also positive on Wall StreetThe Dow Jones, S&P 500 and Nasdaq Composite indices are also trying to close their second straight week higher.
Some of the world’s most selective companies hesitated last Monday, then Bank of Japan Governor Kazuo Ueda, Leave the door open New rise in interest rates At the December 19 meeting.
The last time the Bank of Japan raised benchmark interest rates was last January.
If the institution finally makes that decision, it could strengthen the yen, make financing in that currency more expensive, and put pressure on investors who use that currency. So called He carries commerceIt is a strategy of borrowing cheap yen to invest in assets with higher returns.
All of this implies a sale of risky assets and periods of greater volatility in stock markets around the world.
Before the Bank of Japan holds its meeting. Federal Reserve of the United States (Fed) We will celebrate you. This will be on the tenth of next December.
The market assumes that the central bank will cut interest rates. The chances are now 84%, according to LSEG.
Rather than a big inflation surprise, investors’ expectations are supported by signs of a slowdown in the labor market.
ADP’s employment report showed in November About 32 thousand jobs were destroyed. It is the biggest setback in more than two years, with particular weakness in small companies.
In reality, Private consumption deflator (PCE) In the United States It rose by a tenth in September to 2.8% year-on-year. The base rate was reduced by a tenth, to 2.8%.