After closing yesterday down (in what was his first descent after a ten consecutive days of advances), the IBEX 35 ends the session on Tuesday with 0.34% increases at 15,303.80 points.
With today’s closure, the IBEX exceeds the maximum of last week, set at 15,277.20 points, and It plays levels of mid -December 2007. Now, the great barrier to overcome are 15,945.7 points that since November 8, 2007 are the highest closure in the history of Ibex 35.
In the upper part of the Ibex 35 table today the Arceormittal (2.64%) and Acerinox (2.43 ·%); While the actions with the greatest falls are Indra (-4.31%) and Grifols (-1.67%).
«The progress in peace negotiations in Ukraine reduces the expectations that the companies in the defense sector can maintain the current rhythm of contracts, which has stopped the price of Indra,» they point out from XTB. «In the case of Grifols that ends among the worst values of the day, we believe that the recent increases promoted by their attractive dividend and their results have led some investors to consider selling their shares to collect benefits,» they add.
And, today, investors have digested the conclusions of The meeting between the US president, Donald Trump, and the president of Ukraine, Volodimir Zelenski. Trump guaranteed the European president that the US would help to guarantee the security of Ukraine in any agreement to end the Russian War, although the scope of such help was not clear immediately. Trump announced that the next step will consist of organizing a meeting between Zelenski and Putin, although it is not clear either if it will take place.
On the horizon also appears the Jackson Hole Symposium, Wyoming, to be held between August 21 and 23. Investors will be attentive to the event in search of clues about the future trajectory of interest rates. In that sense, it will be important, above all, the intervention on Friday of the president of the FED, Jerome Powell.
Future of federal funds estimate A probability close to 83.6% of the Central Bank cutting interest rates at its next meeting of monetary policy in September, according to the CME Fedwatch tool. Last week the percentage reached 90%. «The market assumes that the US Central Bank will lower its reference interest rates at the meeting that will be held by its Federal Open Market Committee (FOMC) next month, so investors who hold this hypothesis expect Powell to confirm it in their speech, which could lead to a negative surprise for the markets, not to do so,» says Juan J. Fernández-Figares.
In the Spanish business field, the house of analysis of Berenberg has decided to raise Iberdrola’s target price to 17.50 euros per actionfrom the previous 14 euros. The new assessment represents a bullish potential of 8%.
Meanwhile, the newspaper Expansion He publishes that Amadeus, Grifols, Acerinox and ACS lead the outer jump of the Ibex. The four companies obtained more than 90% of their sales abroad in the first half. The group of the selective groups scored 65.4% of the total turnover.
In the continuous market, FCC grows in the US with a work of 2,000 million.
Europe and other markets
In it rest of European stock marketsgreen numbers also prevail. The DAX closes with 0.46% increases in the 24,413.03 points, CAC 40 rises 1.21% in the 7,979.08 points, the FTSE 100 adds 0.37% to 9,191.75 points and the Euro Stoxx 50 advances 0.87% in the 5,481.65 points.
This Tuesday, we had a mixed opening on Wall Street. The Dow Jones rises 0.24% in the 45,018.61 points, while we see red numbers in the S&P 500, which falls 0.04% to 6,446.43 points and the Nasdaq 100, which cuts 0.18% in the 21,590. Within Dow Jones, the greatest increases are for Home Depot Inc. (3.22%), and Caterpillar Inc. (1.29%); On the side of the falls, the most accused are for Amazon (-0.67%) and Microsof (-0.64%).
In raw material markets, oil futures fall on this day, while market participants contemplated the tripartite conversations planned between Russia, Ukraine and the US to end the war in Ukraine, which could lead to the end of sanctions on Russian crude. Oil Brent reference in Europe it fell 0.78% to $ 66.08 per barrel, while futures of the West Texas American is left 0.89%, at $ 62.14 per barrel.
In the currencies, the change between the euro and the dollar rises 0.10% and is $ 1,1671 for each community currency. In the cryptocurrency market, Bitcoin falls 2% in the 113,789.2 dollars.
In the fixed income, the Spanish debt bonus to ten years offers a profitability of 3,325%, which leaves the risk premium against Germany in 65.3 points.