The Ibex rises 1.8% and reaches a new historical maximum, above 16,182 points



The Spanish stock market closed this Monday at historical highs, with the Spanish selective, the Ibex 35, standing at 16,182.5 points, with a rise of 1.77%, driven, like all markets globally, by the possible end of the closure of the US federal government.

At the close of the market, The Ibex has added 281.1 points, that is 1.77% and has surpassed the last maximum recorded on October 29, when it closed at 16,150.1 points. So far this year, the Ibex has already gained 39.56%.

The Ibex 35 has recorded a session of gains, with most of the values ​​positive, and with notable advances by BBVA, Santander and Unicaja, of more than 3.6%; followed by IAG, Grifols, Rovi and Solaria, all of them with increases of more than 3%. Only nine stocks have ended negative, led by Telefónica, which has lost 1.7%.

The rise of IAG, of 3.46%, has occurred after they collapsed last Friday on the stock market and after a new recommendation from JP Morgan on the value, which has placed the target price of the share at 5.5 euros; while Bernstein and Deutsche Bank have also raised IAG’s target price to 5.4 euros per share.

In the case of Rovi, which closed with an increase of 3.37%, it was due to Jefferies raising the target price of the share from 71.7 euros to 77.8 euros, and has recommended the “buy” of the value.

The Spanish stock markets and the rest of Europe, Asia and the US, in the absence of the closure of the latter market, have seen driven this session by the prospect of the US federal government reopening., after a first initial agreement between Democrats and Republicans, after remaining closed since last October 1.

In Europe, with the euro depreciating 0.12% and changing to 1.153 dollars, the stock market that has risen the most, above Madrid, has been that of Milan, 2.28%; followed by the Spanish, with said 1.77%; Frankfurt, with 1.65%; Paris, with 1.32%; and London, with 1.08%.

The Euro Stoxx50, an index in which the largest capitalization European companies are listed, has also risen 1.76%.

At this time, the Dow Jones Industrial Average rises 0.27%; the S&P 500, 0.73%; and the Nasdaq, 1.71%.

As for raw materials, gold, which surpassed $4,100 minutes after 2:00 p.m. The price of the ounce deflated shortly after and with a rise of 2.37%is below said level, at $4,094.7.

For its part, Brent, with a drop of 0.38%, stood at $63.39 at market close, while the US benchmark, Texas Intermediate, fell 0.40% to $59.51 per barrel.

In the debt market, the yield on the ten-year German bond stands at 2.666%, and that of the Spanish bond at 3.171%.

Bitcoin, with a rise of 0.75%, stood at $105,000 at the close. EFECOM

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