The Ibex 35 rises 1.27%, to exceed 8,600 points, with an eye on Ukraine

The Ibex 35 rises 1.27%, to exceed 8,600 points, with an eye on Ukraine

The Spanish stock market has started the session this Tuesday with a fall of 0.41%, in a context that continues to be marked by the increase in tension in Ukraine.

The Ibex 35 has started the session this Tuesday with a fall of 0.41% but has turned around a few minutes after the opening and has advanced 1.27%, which has led the selective to stand at 8682 .5 integers at 09:45 a.m., in a context that continues to be marked by the geopolitical tensions in Ukraineawaiting the meeting between German Chancellor Olaf Scholz and Russian President Vladimir Putin.

Apart from Ukraine and this Tuesday’s meeting of the Eurogroup, investors learned this Tuesday that the CPI in Spain fell 0.4% in January compared to the previous month and cut its year-on-year rate to 6.1%, four tenths below the rate for December (6.5%), due to cheaper electricity, food and tourist packages.

After 9:30 a.m., most stocks were trading higher, led by Siemens Gamesa (+4.15%), ArcelorMittal (+3.47%), Sabadell (+2.65%), Acerinox (+ 2.52%), BBVA (+ 2.37%) and Indra (+ 2.09%).

The rest of the European stock markets also recorded gains of around 1% in the case of Frankfurt, Paris and London.


Source: Eitb

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