Categories: Stocks News

The Ftse flirts with the 7.800 points for their weekly closing thanks to the impulse of the banking

The tone buyer returns to the european exchanges after the high on the way this Thursday. The speech of decided support of the European Central Bank (ECB) translates into gains for major stock indexes and cuts the risk premiums for peripheral. The Ibex 35 opens with surges over 2% that bring your graphics to the 7.800 points.

The euphoria over the re-opening of the economies and the deployment of stimulus plans do not know roof. And so much so that the Ibex 35 has to close this first week of June, with increases of more than 7% that would be your best cumulative record weekly in the last eight years. Since 2012 was not a climb so energetic, with four sessions of five to the upside.

With the European Central Bank (ECB) by sending a message much more powerful of which had been demanding in the offices of investment, the weak macro data this Friday pass to a second plane. Waiting for the unemployment rate of U.S. see the light, the most convincing is found in the collapse of the 25.8% of the orders to the factory in April in Germany.

Given this scenario, the tourist values and financial -most penalized yesterday – re to be the most vibrant of the Ibex 35. To the front of their progress is placed one more session IAGwith gains of more than 12%. Meliá Hotels and Amadeus add up to more than 4%.

The banks, with a weight that is dominant in the Spanish index are the protagonists. The Sabadell sum 8% and Bankinter dates back to 6%. But Bankia, CaixaBank, BBVA and Santander also earn more than 4%.

At the other end of the table of revaluations, only two values are stained red. Cellnex loses about 0.5%, while Grifols she flirts with the eventual loss of 27 euros per share.

By the market of raw materials, the Brent oil back above the 40 dollars per barrel between advances of 2%. At the end yesterday, Thursday, there was formal gathering among the members of the Organization of Petroleum Exporting Countries and its allies (OPEC+), but everything points to that next week there will be agreement to extend the restriction of pumping current.

The gold stays above 1,700 dollars per ounce, although down about 1%. And that is that the dollar continues to lose positions against the eurothat amounted to a change of 1,135 ‘greenbacks’.

In the secondary market for sovereign debt, the speech of Christine Lagarde, president of the ECB, continues to calando hondo and the risk premiums to contract an additional day. The differential of the Spanish bond, rent to 0,58%, it stays in the 90 basis points compared to a ‘bund’ German that offers types of 0.32%.

Ryan Helton

A Stock enthusiast since childhood, Ryan is known for his impeccable knowledge in the technology and gadgets niche. He has been working with eTrendy Stock as a contributor for most stock category and his articles are always well-researched and accurate.

Recent Posts

ZEREBRO Price Collapses 40% in Just 3 Hours: Market Cap Tanks to $45 Million

Zerebro, one of the largest AI projects, has seen its price dropped sharply today, going…

1 day ago

Ethereum Price Prediction: Can ETH Sustain Its Bullish Momentum as Price Surges 15%?

Ethereum is back in the spotlight, not for explosive price action, although it has made…

2 days ago

Ajman Bank Successfully Prices USD 500 million Inaugural 5 Year Sukuk

Ajman, UAE, 25th April 2025, Ajman Bank P.J.S.C. (“Ajman Bank” or “the Bank”), the first Islamic…

2 days ago

The Rise of Autonomous Finance: How 9M is turning AI into a fully operational investment system

The Rise of Autonomous Finance: How 9M is turning AI into a fully operational investment…

2 days ago

Echo Launches Real Unique Tokenomics with Real Yield in USDC

Douglas, Isle of Man, 25th April 2025, ZEX PR WIRE, Echo is about to launch…

2 days ago

World of Dypians Wins $450K in BNB Chain’s Support Program and Announces Monumental New Features

Tortola, BVI, 25th April 2025, ZEX PR WIRE, World of Dypians (WoD), a highly immersive…

2 days ago