The Ibex 35 closed this Thursday with an increase of one 1.36%until reaching the 11,953.2 points -unpublished highs since January 2010-, in a day marked by generalized increases in all stock markets in the world and the publication of macroeconomic references such as the GDP of the United States.
The Ibex 35 has gone through the day in a positive sign and with a constant upward trend that has hardly been stopped at any time by any pause interval.
The stock market euphoria has occurred after this morning (in Spanish time) the central body of the Communist Party of China met and agreed to launch new stimulus measures in the country to achieve the target growth of 5%. Among the measures is an injection of one trillion yuan (127.84 billion euros) into the banks to increase their capacity to stimulate the economy.
After this news, the Hang Seng It closed up 4.16%, while the CSI 300 rose 4.23%. In Japan, the index Nikkei It also caught the euphoria, rising 2.79%.
On the macroeconomic agenda this Thursday, the publication of the index stood out german gfk consumer climate in October, which has improved when a worsening was expected, although it remains in negative territory.
In Spain, retail trade registered an increase in sales of 3.2% in August compared to the same month in 2023, a rate three tenths higher than the previous month and the highest since last February, as reported. this Thursday the National Institute of Statistics (INE).
In the afternoon, it was known that the gross domestic product (GDP) of the United States experienced an increase of 0.7% in the second quarter, this is three tenths more than in the previous quarter, according to the third estimate published this Thursday by the Office of Economic Analysis of the Department of Commerce. Thus, in annualized figures, US GDP between April and June rose 3% compared to 1.6% in the previous three months.
In the Spanish business field, Grifols has once again gained prominence, given that the National Securities Market Commission (CNMV) announced yesterday, with the market already closed, that it has opened a disciplinary file for defects in its financial information and its management reports. It also opened disciplinary proceedings against Gotham and General Industrial Partners.
For its part, BBVA will pay its shareholders on October 10 an interim dividend based on 2024 results of 0.29 euros gross per share, 81% more than a year before and the largest interim dividend in its history.
In line with this, in the context of BBVA’s hostile takeover bid for Banco Sabadell, the Catalan entity has replied to BBVA that it sees no similarities in the takeover bid now in contention with the merger process of CaixaBank and Bankiawhich is why it is estimated that the Competition ruling will not be produced so quickly.
«The similarities with Bankia are not there, because Bankia was a retail bank. Furthermore, something happening before is not the same as something happening after. So we have to look at the concentration that exists now,” explained the CEO of Banco Sabadell, César González-Bueno. He has also argued as a difference with the Caixa and Bankia process that said operation was friendly, while this one is hostile.
The day before, Genç had argued that the National Markets and Competition Commission (CNMC) should authorize the merger between both entities in the first phase because the regulator would apply the same methodology as with CaixaBank and Bankia and at that time it was also closed in first phase.
On the other hand, the annual General Meeting of Avangrid shareholders has approved the acquisition by Iberdrola of the 18.4% of the capital of the US subsidiary that it does not own through a merger operation, the energy company reported.
Likewise, it is worth noting that Europastry plans to debut on the stock market on October 10 with a price of between 15.85 and 18.75 euros per share, according to the brochure that the company has sent to the National Securities Market Commission (CNMV) this Thursday and which the supervisor has approved.
The market will also be attentive to the statements of the main figures of the European Central Bank (ECB) and the Federal Reserve (Fed) of the United States.
Ibex 35 companies
The biggest increases in the Ibex 35 have been:
- Sabadell Bank: +3.61%
- ArcelorMittal: +4.64%
- Grifols: +4.72%
While the biggest declines in the Ibex 35 have been:
- Repsol: -0.94%
- Redeia: -0.34%
- Telephone: -0.56%
International markets
The main European stock markets were positioned as follows:
- Paris: +2.33%
- London: +0.2%
- Frankfurt: +1.69%
- Milan: +1.68%
The barrel of Brent It stood at $72.1, 1.85% less, while the West Texas Intermediate (WTI) reached $68.25, 2.07% less.
For its part, the yield in the secondary debt markets of the Spanish sovereign bond with a maturity of 10 years has closed at 2.957%. In this way, the risk premium (the differential with the German bond) has stood at 78 points.
While in the markets foreign exchangethe euro appreciated 0.37% against the dollar, reaching 1.1174 green bills for each unit of the community currency.
An ounce of troy gold rose by 0.4% to $2,666 – it reached an all-time intraday high of $2,688 – while bitcoin appreciated by 3% to $65,500. green bills.
