The Ibex rises 1.7% in the week after the improvement in China

The Ibex-35 has closed with a rise of 1.

The Ibex rises 1.7% in the week after the improvement in China

The Ibex-35 has closed with a rise of 1.75% in the week, despite the volatility that continues to be experienced in the stock markets due to doubts about economic growth, although it has not managed to finish above the level of the 8,500 points that it has registered at certain moments of the session this Friday, in which it has rebounded 0.93%.

For its part, Europe has closed with a mixed sign, since Italy has ended the week slightly positive, while Germany, the United Kingdom, or France have done so in negative.

The Ibex 35 has finished the week above its competitors thanks, above all, to the advance it registered this Friday of 0.93%, after the new confinement relaxation measures in China, as well as the announcement by the People's Bank of China of a record reduction of 15 basis points in the reference interest rate for bank loans over five years.

The selective has finally moderated its advance to 0.93% this Friday, insufficient to consolidate the 8,500 integers conquered at specific moments of the session --a level that it has not been able to close since May 4-- thanks to the announcement of the new monetary stimulus in China.

Specifically, the selective closed at 8,484.5 integers, with Rovi at the head of the revaluations, advancing 4.08%, followed by Iberdrola (3.11%), IAG (2.21%), Cellnex ( 2.20%), Almirall (1.73%), Aena (1.46%) and Fluidra (1.24%).

On the other hand, Solaria (-3.70%), Acerinox (-0.70%), Bankinter (-0.68%), Banco Sabadell (-0.57%), BBVA (-0.57%) finished 'in the red'. -0.40%), Repsol (-0.21%), CaixaBank (-0.16%), Grifols (-0.15%) and Mapfre (-0.11%).

The rest of the European stock markets ended the session with increases of 1.19% in London, 0.20% in Paris, 0.72% in Frankfurt and 0.12% in Milan.

The price of a barrel of Brent crude oil, a reference for Europe, stood at 112.65 dollars, with an increase of 0.54%, while the barrel of WTI oil, a reference for the US, fell 0.46%, down to $112.73.

Finally, the price of the euro against the dollar stood at 1.0555 'greenbacks', while the Spanish risk premium stood at 110 basis points, with the interest required on the ten-year bond at 2.072%.


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