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 recovered 1.24% in the mid-session on Tuesday, after yesterday’s fall of 2.5%, remaining above the psychological level of 8,600 integers, on a day once again marked by tension between Ukraine and Russia.
Specifically, an imminent invasion of Ukraine by Russia led the Madrid team to lose 2.55% and reach 8,500 points. However, this Tuesday, the Russian Government announced the withdrawal of part of the troops deployed near the border with Ukraine, which has given wings to the Madrid selective.
A reflection of this situation is the fall that is taking place in the price of oil. In the case of the barrel of Brent, a reference in Europe, it fell in the mid-session to 2.73%, standing at 93.85 dollars per barrel, while the West Texas, a reference in the US, fell one 2.99%, down to $92.61. Yesterday the value of crude oil reached a maximum since 2014.
As macroeconomic references, the GDP figure for 2021 in the eurozone and in the EU stands out, which grew by 5.2% in the year in both cases.
In addition, the CPI in Spain stood at 0.4% in January in relation to December and cut its interannual rate to 6.1%, four tenths below the rate for December (6.5%), due to the cheaper electricity, food and tourist packages.
In this context, the Ibex 35 stood at 8679.8 points, with most of its values ’in green’, led by Siemens Gamesa (+5.01%), Rovi (+4.20%), Acerinox ( +3.18%), ArcelorMittal (+3.15%), IAG (+3.05%), Fluidra (+2.54%), Ferrovial (+2.48%), Amadeus (+2.06% ) and BBVA (+2.04%).
On the other hand, only Red Eléctrica (-0.73%), Bankinter (-0.72%), Almirall (-0.39%), Inditex (-0.16%), Grifols (-0, 10%) and Enagás (-0.08%).
The rest of the European stock markets were trading with increases of 0.53% in London, 1.35% in Paris, 1.41% in Frankfurt and 1.34% in Milan.
Finally, the price of the euro against the dollar stood at 1.1349 ‘greenbacks’, while the Spanish risk premium stood at 101 basis points, with the interest required on the ten-year bond at 1.302%.
Source: Eitb
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