The Ibex 35 has opened this Monday’s session with a 1.55% dropwhich has led the selective to be in the 7,809.48 integers at 9:01 a.m., in a week in which investors will be awaiting the meeting of the European Central Bank (ECB) this Thursday.
In addition to this appointment there will be other highlights, such as services PMIs, GDP for the third quarter in Germany and data on the trade balance in the US and China. Likewise, the American market will remain closed on Monday for Labor Day.
In this way, after closing on Friday with a rise of 1.62%, the Madrid selective opened in red, clinging to the psychological level of 7,800 points, after also learning that the supply through the ‘Nord Stream 1’ gas pipeline, key to the arrival of gas in central Europe, will remain interrupted until further noticeaccording to Gazprom, due to a series of technical problems that make it impossible to reopen.
The Russian gas giant had already temporarily paralyzed supply for maintenance reasons and, last Friday, explained that new problems had been detected in the only turbine that was still working.
In the early stages of Monday’s session, the biggest falls BBVA (-3.18%), Santander (-3.01%), ArcelorMittal (-2.88%), Bankinter (-2.61%), Inditex (-2.51%), IAG ( -2.47%), Indra (-2.3%) and Ferrovial (-2.15%).
The rest of the European stock markets opened with decreases of 2.76% in the case of Frankfurt, 1.93% for Paris and 0.71% for London.
Also, the price of a barrel of Brent quality oila reference for the Old Continent, stood at a price of 95 dollars, with a rise of 2.57%, while the Texas stood at 88 dollars, after advancing 2.19%.
Finally, the price of the euro against the dollar stood at 0.9900 ‘greenbacks’, while the risk premium stood at 117 basis points and the return on the 10-year Spanish bond stood at 2.734%.