The Ibex 35 increases its growth to 0.38% in the middle of the session and reaches 8,655 points


The Ibex 35 increased by 0.38% and reached 8,655 points in the mid-session on Wednesday, which continues to be marked by the evolution of the war in Ukraine.

The market also awaits the meeting of the European Central Bank (ECB) this Thursday. Although no news is expected, the European body could set the date for the first rate hike after knowing the high inflation data.

In this scenario, the selective was trading at 8,652 points at twelve noon, with IAG (+2.84%), Meliá Hotels (+2.21%), Indra (+2.1%), Bankinter (1, 89%) and Aena (+1.92%) in the lead. The presence of tourism companies in the top positions stands out, coinciding with the good data from the sector that is expected for this Easter.

On the contrary, in the negative terrain, the falls of Caixabank (-3.12%), Siemens Gamesa (-1.09%), Cellnex Telecom (-0.53%) and Telefónica (-0.29%) stood out.

The rest of the European stock markets were also trading in ‘green’ in the mid-session, with increases of 0.07% in London, 0.55% in Paris, 0.12% in Frankfurt and 0.22% in Milan.

The price of a barrel of Brent crude oil, a reference for Europe, stood at 107.36 dollars, with a decrease of 1.41%, while the barrel of WTI oil, a reference for the United States, fell 1.25% , up to $102.94.

Finally, the price of the euro against the dollar stood at 1.0915 ‘greenbacks’, while the Spanish risk premium stood at 91.9 basis points.