The main European markets close with mixed results

FRANKFURT, Germany.— This Thursday, activity in the main European stock markets closed in mixed territory, highlighting the advance of the IBEX 35, the main indicator of the Spanish market, which advanced 0.53%, while the euro closed at 1.0868 dollars.

The euro rises to 1.0868 dollars

The euro rose today to $1.0868 after the European Central Bank (ECB) confirmed that it decided to maintain interest rates unanimously, but that there are arguments in favor of cuts and that the first drop is “in sight.”

The single currency was exchanged at 1.0868 dollars around 15:00 GMT this Thursday, compared to 1.0823 dollars in the last trading hours yesterday, while the ECB has set the exchange rate at 1.0852 dollars.

During the session, the ECB published the minutes of its meeting on March 6 and 7, when it decided to unanimously maintain interest rates at 4.5% following the proposal of the institution’s chief economist, Philip R. Lane.

However, members of the Governing Council agreed that the arguments in favor of considering a cut were strengthening, with the date for this to occur “in sight.”

In addition, the community statistics office, Eurostat, has confirmed that the eurozone industrial producer price index fell 1% in February, after falling 0.9% in January.

The single currency has been exchanged today in a fluctuation band between 1.0875 and 1.0836 dollars.

The Spanish stock market rises 0.53%

The Spanish stock market gained 0.53% this Thursday and remains at the levels seen at the beginning of May 2017, although it could not recover the level of 11,100 points affected by the cut in Wall Street’s rise, according to market data.

The reference index of the Madrid Stock Exchange, the IBEX 35, gained 58.6 points, that is, 0.53%, to 11,090.9 points. During the year it accumulates a revaluation of 9.79%.

The Spanish stock market reduced its gains at the end of the session due to the decline in Wall Street’s rise (it advanced 0.4% at the national close) and the effect of Inditex, ending close to 11,100 points thanks to the help of the banks. (its sectoral index rose 1.84%).

The fall of Inditex, 1.03% (second largest fall on the IBEX), limited the advance of the national stock market, given that the rest of the large values ​​concluded the session with gains: Banco Santander on 2.01 (third place due to increases in the IBEX) , BBVA 1.67%, Repsol 1.16%, Telefónica 0.42% and Iberdrola 0.18%.

The London Stock Exchange rises 0.48%

The London Stock Exchange rose 0.48%, driven, among other companies, by the rise in the value of mining companies.

The main London index, the FTSE-100, increased 38.45 points to 7,975.89 points, while the secondary index, the FTSE-250, increased 119.55 points, that is, 0.61%, to 19,873.19 points.

In this session, the mining sector was one of those that registered the most notable growth, with an increase in Antofagasta of 4.67%; from Fresnillo 3.15%; and Anglo American with 3.05%.

Although the miners stood out, the betting company Entain was the one that led the market growth this Thursday in the FTSE-100, with a growth of 5.03%.

Also, in third place among the footsie companies that rose the most on the day, was the Mondi packaging group, which grew by 3.42%.

On the other side of the scale, the food technology company Ocado fell 5.03%, followed by the financial company St. James’s Place, whose value fell by 2.39%; and the insurer Admiral Group, which lost 2.12%.

For its part, the shares of the telephone company Vodafone fell 1.54% this Thursday, the same day in which the United Kingdom Competition and Markets Authority (CMA) announced that it will deepen the investigation of its merger with Three over fears it will harm consumers.

The DAX 40 rises 0.19%

The main index of the Frankfurt Stock Exchange, the DAX 40, rose 0.19% this Thursday to once again exceed 18,400 points, after the European Central Bank (ECB) recognized that there are more and more arguments in favor of a cut in guys.

The DAX 40 closed the session at 18,403.13 points, while the TecDAX technology index advanced 0.10% to 3,410.20 points.

By company, the day has been led by the energy company Siemens Energy, which has advanced 3.85%, followed by the automobile companies BMW and Volkswagen, which have advanced 2.55% and 2.43%, respectively.

At the opposite extreme were the reinsurers Münchener Rück and Hannover Rück, which have lost 1.73% and 1.66%, respectively, while the chemical company Symrise has fallen 1.63%.

Milan falls 0.08%

The Milan Stock Exchange closed slightly lower and its selective index FTSE MIB fell 0.08%, reaching 34,454.58 points, despite the good results obtained by the influential energy sector.

For its part, the general FTSE Italia All-Share index fell 0.05%, to 36,669.30 integers.

During the session, almost 649 million shares changed hands for a value of 2,306 million euros.

Investors in Milan are closely following the steps in monetary policy in the United States and the euro zone and this Thursday they opted for caution.

However, the titles of the Italian energy sector continued to rise: the oil company Eni rose by 1.13%, the colossus Enel by 0.94%, the renewable energy company Erg by 0.77% and the electricity companies Terna and A2a by 0.65% and 0.58%, respectively. .

The management company Azimut (2.85%), the beverage producer Campari (1.46%), Banca Mediolanum (1.18%) and the postal service Poste Italiane (1.17%) also won.

On the contrary, titles such as Banca Popolare Sondrio, which lost 2.52%, Telecom Italia (1.93%), the Diasorin laboratories (1.85%), the oil company Saipem (1.70%), the pharmaceutical company Recordati (1.44%), brought red to the Italian list %), the insurer Generali (1.11%) or the hearing aid manufacturer Amplifon (1.03%).

The Paris Stock Exchange closes with a marginal drop of 0.02%

After squandering the gains accumulated in the first part of the morning, stability took hold of the Paris Stock Exchange, whose selective CAC-40 barely evolved in the final stretch, ending with slight losses of 0.02%, without following the marked trail by the US markets.

The reference indicator ended at 8,151.55 points, after having approached 8,190 and on a day in which the volume of share exchanges did not exceed 2,800 million euros.

The automobile manufacturer Renault led the gains with a rise of 3.16%, after having presented its new range of urban 4×4.

It was followed by the healthcare group Eurofins and the construction company Saint-Gobain, both with an improvement of 1.59%.

In terms of losses, the Carrefour distributor fell 2.82%, ahead of the optical group EssilorLuxottica, which fell 2.28%.

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