Capricorn leads Europe again and wins back 10,000 points.

European stock markets closed flat and on a mixed note on a day when China introduced credit stimulus and Wall Street returned to selling-dominated activity. Ibex once again stood out among the main Old Continent indices, rising 0.94%, allowing it to recover 10,000 points.

European investors, who hit the brakes yesterday, remain cautious today. IN Wall Street They are dominating sales in the midst of the countdown to results from Nvidia, the biggest exponent of the AI-driven investment frenzy.

Outside the technology sector, analysts have recently been paying increasing attention to real estate, even to the development of credit defaults after the whirlwind of rate hikes adopted by central banks. The start of rate cuts has been delayed and, in an attempt to revive the real estate sector, authorities China announced today a reduction in interest rates on loans in the country. The new stimulus introduced by Beijing was barely felt on the stock market. The CSI 300 index closed up 0.2%. In neighboring Japan, the Nikkei fell 0.2%, once again stuck at its all-time high.

Capricorn 35

Spanish stock market Over the course of two weeks, he repeatedly faced the 10,000-point barrier. Ibex excelled in Europe yesterday and did the same today with a 0.94% gain starting tomorrow at 10,038.20 points.

Today the Ibex index received a bullish impulse from Melia. The hotel chain posted its biggest growth in almost two years – 10.95% – after Santander spent $300 million to buy 38% of the Spanish chain’s three hotels. Actions Santanderwhich today launched a new share buyback plan, rose 1.67%.

Grifols (-0.36%) remained very volatile throughout the session, with big ups and downs on the day Gotham City made the news again. The bearish firm has renewed its attack on Ibex, demanding more explanation regarding its relationship with Scranton Enterprises, a company associated with the Grifols family.

Advances have been imposed on the price Enagas. Shares in the gas infrastructure manager rose 2.58% after reporting results showing 2023 profits fell 8.8%, although better than expected, and announcing a dividend cut. Today they also supported individual index heavyweights such as telephone (+1.13%), Inditex (+1.08%) and Iberdrola (+0.97%).

Renewable energy companies once again face challenges in joining these advances. Activate energy lost 0.29%, and Solarium It fell 0.98% due to mounting downward pressure from BlackRock. Steel companies also fell sharply again ArcelorMittal (-1.83%) and Acerinox (-1.55%).

European stock market

European shares ended the session with narrow moves and uneven signs due to a lack of new guidance today and anticipation of more important events such as Nvidia results or PMI economic activity indices. France’s Cac (+0.34%) and Italy’s Mib (+0.08%) closed higher, while Germany’s Dax (-0.14%) and UK’s Ftse (-0.12%) closed softly lower.

Today offers new symptoms of the reactivation of corporate movements. Textile chain actions Very dry They skyrocket 21.8% on a possible acquisition offer. According to various sources, an American investor would support the takeover proposal being considered by one of the group’s co-founders. Progress in the industrial group Air Liquid (+8%) after convincing in both cases with results contrary to the investment firm Plus500 (-5.1%). Actions Bayer They fell 0.4% after announcing a dividend cut.

Debt, oil, euro, gold and bitcoin

Approaching its highs since November, today debt interest They are losing ground slightly. The required yield on US ten-year bonds was reduced to 4.25%. In Europe, the interest rate on German bonds falls to 2.40%, compared with the 3.30% threshold on ten-year Spanish bonds.

Price Oil Today it is moving away from the maximum area of ​​the year. A barrel of Brent is trading at $82. In the USA, a West Texas barrel is exchanged for $78.

In the foreign exchange market, dollar gives up some ground. Thus Euro manages to overcome the $1.08 level, and the pound does the same above the $1.26 level.

He gold gaining momentum to $2040 per ounce, which is the opposite bitcoin which, after recent more than two-year highs, is losing the $52,000 level.