Ibex opens 0.4% lower after the Fed pause, although held at 10,000.

Ibex opens 0.4% lower after the Fed pause, although held at 10,000.Marta Fernandez Jara – Europa Press – Archive

Ibex 35 started the session this Thursday with an increase of 0.44%, which brought the selectivity to 10,033.2 points.after considering the previous decision by the US Federal Reserve (Fed) – with the European market already closed – to keep interest rates in a target range of 5.25% to 5.5%, the highest level since January 2001.

Fed President Jerome Powell announced that the organization he heads has agreed to maintain interest rates interest in the current rangebut admitted that it was probably the speed the standard has already reached its peak and will fall this year.

In the business area, as evidenced by the publication of annual reports, Banco Sabadell reported to the National Securities Market Commission (CNMV) that it broke a profit record in 2023 with a profit of 1.332 million euros, an increase of 55.1%.

In this context, the organization also announced: €340 million share buyback plan and payment of an additional dividend of 0.03 cents per share.

At the macroeconomic level, preliminary eurozone inflation data for January will be published this Thursday, while investors will also remain focused on statements from European Central Bank (ECB) President Christine Lagarde.

In Spain, the State Treasury will open February auctions with a government bond issue in which it hopes to place between 5,750 and 7,250 million euros. carried out after the latest decision of the European Central Bank (ECB) will keep the rate at 4.5% for the third meeting in a row.

In the early stages of this Thursday’s session, the biggest gains in the Ibex 35 index were recorded by Repsol (+0.44%), Banco Santander (+0.43%), Telefónica (+0.16%), Cellnex (+0.14%) ) and Amadeus (+0.14%). +0.12%), while at the other extreme were Banco Sabadell (-5.47%), Grifols (-3.18%), Acciona Energía (-2.49%), Unicaja Banco (-2.48%) and Colonial (-2.06%). .

European stock markets woke up red, falling 0.97% in Paris, 0.61% in London, 0.45% in Frankfurt and 0.25% in Milan.

At the opening of the stock market, the price barrel of quality Brent oilthe Old Continent benchmark fell 0.10% to $80.47, while in Texas it was $75.8, down 0.07%.

On the market divisas, price euro against the dollar it rose to US$1.0783, while in the debt market the required interest rate on 10-year Spanish bonds rose to 3.115%.