The Ibex 35 index has closed with a slight drop of 0.14%, remaining at 20,021.80 points. The day was marked by the absence of Wall Street and expectations of decisions from the European Central Bank.
The Ibex 35 index finished the day with a drop of 0.14%, standing at 20,021.80 points. This session took place without the reference of Wall Street, which remained closed for the Labour Day holiday, leading to mixed movements in European stock exchanges, as reported by expansion.com.
Investors are awaiting new clues about the evolution of interest rates, with the European Central Bank meeting scheduled for Thursday. It is estimated that the ECB could raise the cost of money by 25 basis points, reaching 2.50%.
In the United States, attention will focus on the CPI data for August, especially after the creation of 162,000 jobs in August, exceeding expectations of 56,000 new hires. This data could influence the upcoming meeting of the Federal Reserve in mid-month.
The conflict in the Middle East continues to affect the market, with Brent crude trading near 98 dollars. The Iranian Revolutionary Guard has confirmed exchanges of attacks with the United States, increasing tensions in the region.
Among the stocks that stood out today in the market, Solaria rose by 2.4%, Acciona Energía by 1.9%, and Acciona by 2.8%, driven by an upgrade in recommendations from Bank of America. On the other hand, the socimis Colonial and Merlin were negatively affected, with drops of 2.8% and 1%, respectively, following adjustments in recommendations from Goldman Sachs.
The week promises to be significant, especially with the results presentation of Inditex scheduled for Wednesday, where its shares are expected to remain above 57 euros.
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