2023-11-03 10:00:28
The Spanish stock market started Friday’s trading session positively (+0.36%). The Ibex 35 was at 9,294 points after the first few bars of the day. The accumulated profits so far this year stand at 12.94%.
The Madrid Stock Exchange Thus, it tries to surpass the level of 9,300 points, waiting to know the official US employment report
The national market is trying to add another green day after shooting up 2.04% yesterday, thanks to the results, and the progress of the rest of the markets after maintaining the US Federal Reserve (Fed) and the Bank of England interest rates, which led to the improvement in the bond market.
At this time, the yield on the ten-year Spanish bond reaches 3.765%; German, 2,721%; and the American, 4.66%.
Wall Street also ended yesterday with a strong revaluation, and its main indicator, the Dow Jones Industrial Average, rose 1.70% after the Fed’s decisions, and the market’s conviction that interest rates in the United States have reached its maximum.
In this context, today the focus of the market’s interest will be on the US employment report, while in the eurozone the unemployment rate for September will be known.
With the euro at 1.062 dollars, Milan has started the day with an increase of 0.45%; Frankfurt, 0.29%; London, 0.16%; and Paris, 0.08%.
Within the Spanish market, where new business results will be known, Solaria stands out by rising 1.30%, followed by Rovi, which adds 1.24%.
For its part, Telefónica rose (+1.12%); BBVA (+0.81%); Repsol (+0.68%), and Banco Santander (+0.63%), and Acerinox (-1.45%), Iberdrola (-0.23%) and Inditex (-0.42%) fell.
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