The Spanish stock market has recorded a 0.41% increase, closing at 19,635.80 points. This rise comes ahead of the meeting of the Federal Reserve of the United States, which is expected to bring changes to interest rates.
The Ibex 35 has regained lost ground and closed the day at 19,635.80 points, with an advance of 0.41%. This increase is notable given that the stock market had retreated in six of the previous seven sessions, according to expansion.com.
European investors have opted to buy shares before knowing the outcome of the Federal Reserve of the United States meeting, which could resume the increase in interest rates. The expectation is due to the surge in inflation caused by the war in Iran.
Shares of construction and concession companies have contributed to the index's growth, with ACS standing out with an increase of 2.08%, Ferrovial (+1.46%) and Sacyr (+1.06%). The rebound has also benefited Solaria (+4.43%) and energy sector companies such as Enagás (+1.71%) and Iberdrola (+1.00%).
In contrast, some companies closed in the negative, such as Grifols (-1.10%) and BBVA (-0.72%). In the European context, stock markets have also experienced moderate advances, with the German Dax rising 0.53%.
Attention will focus on the Fed's decision and its impact on upcoming monetary measures, as well as the review of the macroeconomic picture that is expected to clarify uncertainties about the future direction of economic policies.
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