The Ibex 35 has advanced 1.82% in the week, despite the fall of 0.04% that it has registered this Friday, which has led it to sign its fifth consecutive week in positive and to consolidate at 9,200 points, a level that It had not registered since June 2021.
The week has been marked, on the one hand, by the decisions of the US Federal Reserve (Fed), the European Central Bank (ECB) and the Bank of England to raise interest rates given the still high inflation, although there are already signs of a certain moderation in prices.
In fact, this week it was revealed that the CPI for the euro area in January was 8.5% compared to the 9.1% expected by the market. “Although it has fallen for the third consecutive month, it is still a long way from the ECB’s 2% target,” said the XTB analyst, Joaquin Robleswho has also pointed out that underlying inflation did not fall in the same proportion and is close to maximums.
In addition, this Friday it was revealed that the United States economy was able to create 517,000 new jobs during the month of January, which allowed the unemployment rate to be reduced by one tenth, to 3.4%, the lowest since 1969.
At the business level, the analyst has highlighted the momentum in the week of Spanish banks on the stock market after presenting their annual results. “All the entities significantly raised their profits due to the strong increase in the interest margin and the higher income from commissions,” highlighted the XTB expert. Only Unicaja Bank It has been the discordant note, since despite almost doubling the profit, “it has led the falls in the face of an unexpected increase in its provisions.”
bullish values
In this Friday’s session, the Ibex 35 It has closed at 9,225.6 integers, with more than half of its values in ‘red’. The falls of Solaria (-2,77%), CaixaBank (-2,71%), Sabadell (-2,53%), Telefónica (-2.20%), Acciona Energía (-2.14%) and Cellnex (-2.07%).
The biggest increases have been scored grifols (+2,86%), Amadeus (+1,88%), Santander Bank (+1.86%), BBVA (+1.60%), Mapfre (+1.14%), ACS (+0.76%) and Inditex (+0.48%).
European squares
The rest of the European stock markets closed with a mixed performance, registering an increase of 1.04% in London and 0.94% in Parisbut with a fall of 0.21% in frankfurt and 0.55% in Milan.
Likewise, the barrel of quality oil Brent, a reference for the Old Continent, stood at a price of 81.38 dollars, with a decrease of 1.10%, while Texas stood at 75.00 dollars, with a fall of 1.16%. Finally, the price of the euro against the dollar stood at 1.0833 ‘greenbacks’, while the Spanish risk premium stood at 92 basis points, with the interest required on the ten-year bond at 3.098%.
