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Monday, March 20, 2023

IBEX holds 8,000 mark after US election and waits for inflation

ibex 35, the Spanish stock market reference, listed this Wednesday with a slight increase which puts it tentatively above the 8,000 mark. The rest of the European stock markets went negative with the market down 0.4% frankfurt, in 0.3% Londonand 0.2% inch ParisOn a day marked by the results of the midterm elections (or ‘midterm’) in the United States, if the votes are not counted, lead Democrats in the Senate and Republicans in Congress to victory.

The markets reacted with restraint to the election result and are now focused on publishing the conclusive data. US CPI for October, “If markets meet expectations that the election result in the US is that of a divided government, something that, as we have reported, seems likely to happen, investors will turn their attention to macroeconomics and quarterly corporate results”, he pointed out. do Link Securities,

Largest Falls Created Indra (-0,7%), IAG (-0,6%) y Grifols (-0.5%), while the largest increase was made by energy companies iberdrola in the lead (+1.5%). they followed him Naturalwhich grew 1.3%, and Endesa You anagasiAbout 0.5%.

Brent oil, a reference to the old continent, was trading at $95.19 this Wednesday, down 0.2%, while Texas was trading at $88.55. In the money market, the euro was priced at 1.0067 ‘greenback’ against the dollar, while the Spanish risk premium was around 109 basis points, requiring a 3.284% interest rate on the ten-year bond.

World Nation News Desk
World Nation News Deskhttps://worldnationnews.com/
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