The Ibex 35 has closed its second consecutive day on the rise. On Tuesday, he ended his best day since May by rising 1.3% due to the significant rise in banks and on Wednesday, the selective has been encouraged by the strong increases in Repsol (+ 6%) after presenting its financial results. Thus, the main indicator of the Spanish stock market has recorded a rise of 0.52% and closed at 9,329 points.
- 10.854,700
- -0,16%
Within the banking sector, today we talk about BBVA (-0.3%) after knowing that the Prosecutor's Office has asked to charge it in the 'Villarejo case' for corruption, bribery and disclosure of secrets. According to the Prosecutor's Office, executives of the entity collected gifts to hire Villarejo.
In Europe, the protagonist is Deutsche Bank. The German entity has reported losses of €3.1bn in the second quarter, which, despite everything, are lower than expected. The bank yields 2% this Wednesday. There is also talk of Aston Martin, which collapses over 20% after announcing a 'profit warning'.
The protagonist of the session was Boris Johnson. The newly elected leader of the British 'tories' was proclaimed prime minister of the United Kingdom. There have already been resignations of several of Theresa May's ministers. Experts are skeptical about what Johnson can really achieve, no matter how determined he has been in the process of pushing Brexit forward. Morgan Stanley believes that finally the United Kingdom will have to go to the polls, and talks about an election in the fall.
All this on the eve of the second vote for the investiture of Pedro Sánchez, which will take place this Thursday. The swords are high and opinions, very divided. There are those who already take for granted an agreement between PSOE and Podemos and that the investiture will take place tomorrow, and there are those who believe that the PSOE will not offer Podemos enough things and that there will be no agreement. If this is true, we could be on our way to new elections. Tomorrow all will be revealed and, although national policy has little impact on the Ibex, there is no doubt that investors are waiting for a result.
"WE'LL GIVE YOU THE BENEFIT OF THE DOUBT"
Bolsamanía analysts believe that Ibex must be given "the benefit of the doubt" and they do not rule out trying to attack from the current levels the important -and eternal- resistance that it has at 9,410 points. "During the last session a good part of the mess of recent days was fixed in many of the titles," said José María Rodríguez, an expert from Bolsamanía.
As for the data calendar of the day, today the services, manufacturing and composite PMIs have been published in Europe. In Germany, the composite PMI has remained at 51.4 compared to the estimated 52.3. In the Euro Zone, the composite PMI stands at 51.5 compared to the planned 52.1. For its part, the known Japanese PMIs this morning have surprised favorably, both in the services sector and in the manufacturing sector. The manufacturing PMI stood at 49.6 (compared to the expected 49.3) and that of services at 52.3 (compared to the expected 51.9).
