The Ibex 35 rose 0.65% at midday, reaching 19,215.2 points. The barrel of Brent exceeded 110 dollars.
According to alicanteplaza.es, the Ibex 35 was trading at 12:00 this Wednesday with an increase of 0.65%, up to 19,215.2 points. The index thus recovered the 19,200 mark during the session.
The backdrop remains oil. The Brent, the European benchmark, rose 1.4% to 110.2 dollars per barrel, while the West Texas Intermediate (WTI), the US benchmark, increased by 1.2% to 99 dollars. With this rise, Brent has achieved a monthly increase of over 10%.
Among the Ibex stocks, the largest gains were for Merlín (+2%), Repsol (+1.45%), Acerinox (+1.5%), Indra (+1.22%) and Mapfre (+1.19%). Conversely, Amadeus lost 0.53%, Sabadell 0.28%, Cellnex 0.27% and IAG 0.26%.
In Europe, the main indices were also operating positively at midday: the French CAC 40 rose 0.67%, the German DAX 30 0.63%, the Italian FTSE Mib 0.6% and the British FTSE 100 0.2%.
In debt, the Spanish ten-year bond raised its yield to 4.063%, with a risk premium of 63.51 basis points. In currencies, the euro lost ground against the dollar, trading at 1.122 dollars.
Analysts at Bankinter pointed out the dependence on corporate results:
The oil price is rising and bond yields are also up a bit, but the stock markets could show a better tone if corporate results continue to support.
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