The Ibex 35 has started the session this Tuesday with a rise of almost 1%which has led the selective to recover the level of 8,900 points, thanks to the banks, which revalued their shares between 2% and 3%.
Investors will remain attentive this Tuesday to the evolution of the bank after the doubts that arose around the purchase of Credit Suisse by UBS, as well as the rescue of First Republic Bank, whose shares sank again this Monday more than 47% despite to the injection of liquidity that it has received.
Specifically, the selective rose at 8,916 points awaiting the results of the meeting held from Tuesday until Wednesday by the US Federal Reserve (Fed), in which a further increase in interest rates of one quarter point.
In Europe, the president of the European Central Bank (ECB), Christine Lagarde, affirmed this Monday that the institution is closely monitoring the evolution of the market after the intervention of the Swiss authorities in aid of Credit Suisse and has assured that the central bank of the eurozone is prepared to respond “as needed”.
Precisely, the European stock markets started this Tuesday with notable advances. Frankfurt rose 1.1%, while Paris and Milan gained 1% and London rose 0.5%.
Within the Ibex 35, the bank was pulling the selective in the early stages of the session. Thus, the largest increases were registered by CaixaBank (+2.90%), Santander (+2.85%), Sabadell (+2.84%), Bankinter (+2.72%) and BBVA (+2.63 %).
At the other extreme, with the largest declines, were located Meliá (-1,29%), enagas (-0,52%), trigger (-0,34%) y Nature (-0,20%).
At the opening of the stock market, the price of a barrel of Brent quality oil, a reference for the Old Continent, fell 1%, to 73.01 dollars, while Texas stood at 67.05 dollars, also a 1% less.
In the forex marketthe value of the euro against the dollar was placed at 1.0718 ‘green bills’while in the debt market, the yield of the Spanish bond with a maturity of 10 years rose to 3.197%.