The Ibex 35 adds and continues. The Spanish stock index has just finished its fourth consecutive week on the rise, without however managing to close above 17,200 points.
Precisely, the selective added 1.87% to the total of the last five sessions. On Friday alone, the increase was 0.22%, to 17,169.8 wholes.
The level is sufficient for the Ibex 35 to have scored new all-time highs at the end of the session. However, the index lost strength in the final minutes of the day, moving away from the 17,218.30 whole which he reached and which constitutes his intraday record.
Acciona (+2.81%), Grifols (+2.22%) and Mapfre (+1.6%) led the increases in the Ibex 35 on Friday. The largest losses were suffered by Telefónica (-1.72%), ArcelorMittal (-1.45%) and Amadeus (-1.1%).
In the weekly count, the most bullish stocks were Cellnex (+5.4%), Mapfre (+5.2%) and CaixaBank (+5%). Telefónica repeats itself as the most bearish (-7.9%) ahead of Enagás (-1.8%) and ArcelorMittal (-1.6%).
This is how the Ibex 35 closes
With this new advance, The annual profitability of the Ibex 35 amounts to 48.07%.
All the main European stock exchanges They closed the day on a positive note, with the national index in the middle of the gains.
The same thing happens if you analyze the entire week. The 1.87% increase recorded by the Ibex 35 is in the middle of a table in which the increases of the Italian FTSE Mib and the British FTSE 100 stand out, of 2.9% and 2.6%, respectively.
The week – the last full one for markets for the rest of the year – was marked by meetings of some of the world’s leading central banks and the release of several relevant economic benchmarks in the United States.
European Central Bank (ECB) decided to keep official interest rates unchanged: the deposit facility remains at 2% for the fourth consecutive meeting.
The message from the institution chaired by Christine Lagarde has been continuous. He acknowledged that inflation had moderated, but insisted that it was not yet time to talk about cuts and that monetary policy would continue to be restrictive “as long as necessary”.
In the United Kingdom, the bank of england He moved his chip. He cut interest rates by 25 basis points, from 4% to 3.75%.
The most symbolic movement occurred in Tokyo. The Bank of Japan raised interest rates again, placing them at 0.75%. This is its highest level in around 30 years.
After the decision, Yield on Japanese 10-year bonds exceeded the 2% threshold for the first time in almost two decades.
The yen, however, barely reacted. The rise was largely ignored and the Japanese currency extended its weakness against the dollar.
For the market, attention now turns to the potential rise in the 10-year interest rate and the impact this will have on strategies based on cheap yen financing.
The other topic of the week was the post-partial federal government shutdown, which resulted in the delay of several key publications.
After almost two months of silence on the information, The evolution of inflation surprised positively. The consumer price index (CPI) for November moderated to 2.7% year-on-year, with the underlying rate (excluding food and energy) around 2.6%.
Both figures are below previous levels and slightly lower than analyst consensus expected.
News in update
We are working to expand this information. Soon, the EL ESPAÑOL editorial team will offer you an update of all the data on this news.
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