The Ibex 35, the main indicator of the Spanish market, began this Friday’s session with a rise of 0.8% and is strongly approaching 10,100 points. After a very negative start to the month, with all European stock markets closing in red, this Friday the indices of the Old Continent are trading with a positive sign: the Dax de France rises by 0.5%, the Cac of Paris, by 0.3%, the Mib in Milan, 0.4% and the London Ftse rises 0.2%.
On the other hand, Wall Street closed Thursday’s session with strong increases, with investors awaiting the publication at the close of the markets of the quarterly figures of three of the American technology giants, Meta, Amazon and Apple, which beat the forecasts of the analysts.
On the macroeconomic agenda this Friday, the publication in the afternoon of the non-agricultural employment figures for January in the United States stands out. All investors will focus their attention on this data, since the Fed focuses on the evolution of the labor market when designing its monetary policy. Figures much higher than expected could cool investors’ spirits. On the contrary, worse figures than projected by the consensus would open the door for the US central bank to begin lowering rates soon.
In Spain, the unemployment figure was released this morning, rising in all the autonomous communities, with the exception of the Balearic Islands, and totaling 60,404 people at the end of January due to the drastic destruction of employment in the services sector. Thus, the total number of unemployed stands at 2,767,860 people.
In the business field, the results of Caixabank were published this morning. The Valencian entity has announced an annual profit of 4,816 million, 54% compared to the previous year. It has also announced that it will distribute more than 2,890 million in dividends, which represents a pay-out of 60%.
Likewise, it was learned this morning that the former CEO of Bankia, José Sevilla, returns to the front row of the Spanish financial sector and joins the Malaga-based bank to take over from Manuel Azuaga and wait to obtain the authorizations. . pertinent, as reported by Unicaja Banco to the National Securities Market Commission (CNMV).
Among the stocks that rose the most at this start of the session, Grifols (2.8%), Santander (2.2%) and BBVA (2.3%) stand out. On the opposite side there are very few values: Repsol leads the declines and drops 2.1%, followed by Indra, which drops 2%, Caixabank, which falls 0.7% after presenting its results, and Naturgy (- 0.4%). Ferrovial is trading flat in the attempt to recover part of the ground lost yesterday, when it fell 3.16%, on a day in which it celebrated its Capital Markets Day and presented itself to American investors.
The price of a barrel of Brent oil, a reference for the Old Continent, fell 0.6%, standing at 78.56 dollars, while Texas stood at 74.01 dollars, 0.04% higher. In the foreign exchange market, the price of the euro against the dollar advances to 1,081 ‘greenbacks’, and in the debt market, the interest required on the 10-year Spanish bond rises to 3.15%.