The Ibex 35 index rose 1.3% mid-session to top 11,000 whole numbers.

VALENCIA (EP). He Ibex 35 rose 1.33% mid-session on Tuesdaywhich led to a recovery of 11,000 points lost in early April, helped by easing geopolitical tensions, the presentation of business results and the publication of the eurozone PMI index.

On the one side, Enagas reported a net profit of €65.3 million in the first quarter of the year, up 19.5% on the same period last year, putting it on track to hit its annual profit target of €260-270 million .

From my side, Renault Group recorded a turnover of 11.707 million euros in the first quarter of the year, which is 1.8% higher than the same period in 2023, as reported on Tuesday by the company, which, based on the results of the first three months of the year, confirmed its financial targets for 2024 .

Also in business telephone said before the market open that it had achieved a 96.85% stake in its German subsidiary Telefónica Deutschland following the completion of the carve-out public takeover offer (OPA) announced by the operator on March 7.

On the other side, Grifols announced the signing of a private placement of €1 billion of 7.5% senior secured notes due April 2030, subject to customary closing conditions for transactions of this type.

At the macroeconomic level, the release of the eurozone Composite Purchasing Managers’ Index (PMI) stands out, which shows that private sector activity growth in the eurozone accelerated in April to eleven-month highs, driven by the continued expansion of the economy. service sector.

In this context, the Ibex 35 was trading at 11,034.6 integers, with Grifols as a bullish value, recording a gain of 4.52% in the mid-session. Behind them were Inditex (+2.35%), Cellnex (+2.06%), MAG (+1.97%), Amadeus (+1.70%), BBVA (+1.68%) and Ena (+1.57%).

Only six values ​​traded in the red: ArcelorMittal (-1.82%), Unicaja (-1.13%), Acerinox (-0.75%), Bankinter (-0.28%), Enagas (-0.22%) and Action (-0.09%).

Major European stock markets were also trading higher, up 1.13% on Milan; 0.71% in Frankfurt; 0.35% in Paris; and 0.31% in London.

Mid-session price of a barrel of quality Brent oilthe Old Continent benchmark rose 0.11% to $87.10, while in Texas it was $81.95, up 0.06%.

In that currency marketThe euro’s price against the dollar rose to US$1.0661, while in the debt market the required interest rate on 10-year Spanish bonds fell to 3.246% and the risk premium fell to 77 basis points.