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The Ibex 35 holds 9,000 points and hopes to close its fourth week in green

Kiratas by Kiratas
January 27, 2023
in World
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The Ibex 35 has started the session this Friday with a rise of 0.19%, which has led the selective to stand at 9,052 points at 9:02 a.m., on a day in which investors will continue to await business results.

The market has also learned the advanced data for Spanish GDP for 2022: the Spanish economy grew by 5.5%, the same as in 2021, despite the effects of the war in Ukraine and the high rate of inflation that was recorded, above all, during the second half of the year.

In the early stages of the stock market session this Friday, the biggest rise in the Ibex 35 was recorded Acerinox (+2.11%), which yesterday, after the market closed, announced an investment of 224 million euros in its stainless steel factory in USA. Behind of Acerinox they were located ArcelorMittal (+0,9%), Colonial (+0,8%), BBVA (+0,5%) y Sabadell Bank (+0.4%). On the descent side, those of Melia Hotels (-0,7%), Inditex (-0,5%) y Electric Network (-0,09%).

The main European markets woke up this Friday with mixed trends. While Paris y frankfurt registered slight decreases, London it was up almost 0.1%. Likewise, the price of a barrel of quality oil Brent, reference for the Old Continent, stood at the opening of the stock markets at a price of 87.76 dollars, with a rise of 0.3%, while the Texas it was trading at $81.28, also up 0.3%. In the foreign exchange market, the price of the euro against the dollar stood at 1.0878 ‘green bills’, while the Spanish risk premium was around 100 basis points, with the interest required on the ten-year bond at 3.234%. .

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