Ibex loses 0.65% and defends 10,000 in a week as doubts about Grifols resurface.
VALENCIA (EP). The Ibex 35 index ended the week at 10,064.7 points, representing a 0.65% decline from last Friday, in a week marked by the presentation of listed company results and fresh investor doubts about Grifols, which presented its results. no audit.
Compared to Thursday, a sample of Spanish stock markets and markets rose 0.63%, exceeding the 10,000 point level.
“Market sentiment remains positive, with major global equity markets reaching record highs on the back of corporate performance and economic strength. Although the first rate cut has been delayed, investors remain confident that inflation will stabilize in line with central banks’ mid-year targets,” explains an XTB analyst. Joaquin Robles.
Grifols crashed the markets again this week after meeting with analysts on the day it published its annual results, which have not yet been audited by KPMG. The audit intends to publish its report by March 8, 2024.
This same week, the President of the CNMV, Rodrigo Buenaventuraindicated that it had sought new clarification from Grifols following the allegations made by the Gotham bear fund, so its analysis of information published by the Spanish listed company would be delayed for several weeks.
At the business level, Prosegur, Renta Corporación, Atresmedia, Tubacex, Fluidra, IAG, Dia, Deoleo, Sacyr, Técnicas Reunidas, Amper, Iberpapel, Ence, OHLA, CIE Automotive, Rovi, Naturgy, Acerinox published their reports this week. San Jose, Acciona, Esentis, FCC, Aena, Amadeus, eDreams, Endesa, Redeia, Metrovacesa, Indra, Elecnor, Viscofan, Talgo or AmRest and others.
Regarding the macroeconomic situation, it was published this Friday that the eurozone inflation rate was 2.6% year-on-year in February, down from 2.8% in January. In Spain, prices rose by 2.8%, down six-tenths.
In this context, Grifols shares jumped 18.35% on the stock market today, becoming the top performer in the sample market. They are followed by Amadeus (+4.82%), Acciona Energía (+3.61%), Banco Sabadell (+3.55%), Acciona (+3.19%) and Bankinter (+2.22%).
On the other hand, Acerinox fell 5.54%, ahead of Naturgy by 3.56%, Endesa by 2.73%, Colonial by 2.19%, ACS by 2.13% and ACS by 1.08% by Iberdrola.
The rest of the major European stock markets were positive this Friday. London added 0.69%; Paris, 0.09%; Frankfurt, 0.32%; and Milan – 1.08%.
A barrel of Brent rose 2.78% at the close of the European trading session, to $84.20, a barrel of West Texas Intermediate (WTI) oil rose to $80.69, up 3.09%.
In the debt market, the yield on Spanish bonds maturing in 10 years stood at 3.310%, up from 3.289% the day before. The risk premium on German debt therefore rose 1.8 points to 89.6 basis points.
On the foreign exchange market, the euro strengthened by 0.22% against the US dollar at the end of the European trading session, reaching $1.0830 for each euro.