After a decline and below 15,300 integers, the Ibex 35 recovered said level in the half session but, finally, it has not been able to maintain it. Thus, at market closure, the Ibex ends this Wednesday’s session with 0.08% drops at 15,292.10 points.
The values that have been most sought to close to closure have been arcellingtal (-2.14%), fluid (-1.61%) and IAG (-1.60%). On the other side, the most bullish actions have been Redeia (1.46%), Iberdrola (1.28%) and Repsol (1.26%).
The Madrid selective comes from an upward day Tuesday that allowed him to close at new annual maximums, above 15,303 points. The index is at levels that did not steal since December 2007, although the great barrier to overcome are 15,945.7 points that since November 8, 2007 are the highest closure in history. The IBEX would have to rise an additional 4% to reach this historical level.
In the field of business news, ACS, through its American subsidiary Turner Construction Company, has been selected to build a 46 -storey commercial offices tower in the 343 of Madison Avenue, in the center of Manhattan (New York).
Turkish Airlines has assured that Air Europa accepted its offer to buy a minority participation of 26%, with an investment of 300 million euros. As reported by the Turkish airline, most of this amount will arrive through capital expansion. IAG, which has 20% of the capital of the airline, has the right to participate in the expansion of capital or sale of Globalia shares.
Meanwhile, the newspaper Expansion It takes to its cover how BBVA prepares the new OPA brochure about Banco Sabadell. The bank works against the counterreloj, since it wants to open the period of exchange of the offer at the beginning of September, says this media.
On the macro side, investors continue with an eye on Ukraine. Yesterday the president of the United States, Donald Trump, said he had ruled out putting US troops in the country, but opened the door to the US to provide air support as part of an agreement to end the Russian war in the country.
As for the tariff Increase tariffs on steel and aluminum by more than 400 productsamong them wind turbines, mobile cranes, appliances, excavators and other heavy equipment, along with railway cars, motorcycles, sea engines, furniture and hundreds of other products.
Europe and other markets
As for the other European stock markets also prevail sales with the exception of the London Stock Exchange: The FTSE 100 rises 1.08% to 9,288.28. Meanwhile, the DAX 0.66% falls in the 24,274.87, the CAC 40 cut 0.08% in 7,973.03 and Euro stoxx 50 drops 0.22% to 5,470.95 points.
On the macroeconomic agenda of the day, today the EUROZONA IPC. The year -on -year inflation rate of the euro zone remained stable last July, standing at 2%. In this way, it has been aligned for the second consecutive month with the objective of medium -term stability set by the European Central Bank (ECB). For its part, in the European Union, prices rose 2.4%, one tenth, as Eurostat has reported. In the specific case of the Eurozone, during the month of July, the price of energy has registered an interannual drop of 2.4%, after the 2.6% drop observed the previous month. On the other hand, the cost of fresh food has increased 5.4% in annualized terms, accelerating with respect to the 4.6% wing registered in June.
Opening with few changes of Wall Street this Wednesday, with investors waiting for the publication this afternoon of the Fed Proceedings of July 29 and 30. The minutes will serve as a prelude to the Jackson Hole symposium that starts tomorrow, and in which investors will be especially attentive to the intervention of the president of the Fed, Jerome Powell, on Friday. Each Powell’s word will be analyzed to the millimeter in search of clues about future interest rates movements of the institution. Currently, market operators Dan a probability of almost 85% to which a cut of 25 basic points occurs At the September meeting, according to the Fedwatch tool, CME Group.
With this scenario, at today’s opening of the American Stock Exchange, Dow Jones rose 0.14% in the 44,984.14 points, the S&P 500 cut 0.13% in the 6,403 points and the Nasdaq fell 0.39% to 21231.81.
In raw material markets, oil futures move positive while investors expect the next steps in conversations to end the Russian invasion of Ukraine, which maintain sanctions on Russian crude and the possibility of new restrictions on their buyers. Oil Brent reference in Europe rises 1.09% to $ 66.51 per barrel, while futures of the West Texas American advance 1.13% at $ 62.47.
The euro rises 0.12% at its intersection against the dollar until leaving the exchange rate at $ 1,1661 for each community currency.
For its part, Bitcoin earns 0.37% in 114,196.5 dollars.
In the fixed income, the Spanish bonus offers a profitability of 3,295% that leaves the risk premium against Germany in 65.3 points.