The Ibex 35 closed the session this Thursday with a rise of 0.87%, which has allowed it to reach the 9,000 point level for the first time since mid-November 2021, supported by the banking sector -with Sabadell Bank to the head rising more than 10% after presenting results-, and after knowing that the GDP of USA it grew 2.9%, more than expected by analysts.
Today US GDP data showed that output cooled less than expected in the fourth quarter of 2022 and posted an annual rate of 2.9%. The Fed will meet next week and is expected to ease its interest rate hikes further, to a quarter of a percentage point, something that appears to have encouraged investors. After these data, Wall Street opened in green and the Dow Jones Industriales, its main indicator, gained 0.22%, when investors analyze the latest business results to see how the economic slowdown and interest rate hikes by the Federal Reserve (Fed) have affected the main companies from the country.
Ten minutes after the start of trading on the New York Stock Exchange, the Dow Jones rose 75 points, up to 33,898, while the selective S&P 500 added 0.67%, or 25.75 integers, to 4,057.75. The Market Composite Index Nasdaqwhere the main technology companies are listed, was the one that rose the most, with an increase of 1.25% or 149 integers, to 12,022.25.
This Thursday it has also been known that unemployment fell in spain by 79,900 people in 2022, which is 2.6% less than in 2021, while employment grew by 278,900 jobs (+1.4%). In this way, the year closed with more than three million unemployed, 20.4 million employed and with new maximum number of permanent employees and public employees.
Regarding the season of business results, Sabadell achieved net attributable profit of 859 million euros, 61.9% more than in the previous year. In addition, the board of directors of Sabadell Bank has agreed to increase the ‘payout’ up to 50% of the benefits corresponding to the current year, which compares with 31.8% of the previous year. At the end of the day, its shares they were revalued by 10.3%.
Behind Sabadell, one of the great values that has risen strongly has been Santander Bankthird best of the Ibex 35 in the day of this Thursday, with an advance of 3.25% and BBVA 1.99%, while Inditexfifth place in the selective, has added 2.06% and Repsol 0.96%. On the opposite side, Telefónica 0.89% has been left and Iberdrola 0.28%.
Same as him Ibex 35the rest of the European stock markets were also trading with increases of 1.3% in Milanof 0.74% in Paris, of 0.34% in frankfurt and 0.21% in London. Likewise, the barrel of quality oil Brent, reference for the Old Continent, stood at a price of 86.69 dollars, with a rise of 0.66%, while the Texas it stood at 80.72 dollars, with an increase of 0.71%. Finally, the price of the euro against the dollar stood at 1.0904 ‘greenbacks’, while the Spanish risk premium stood at 94 basis points, with the interest required on the ten-year bond at 3.126%.
