The Ibex renews annual highs since 2017 after rising 3.9% in the week

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The Ibex 35 It climbs above 11,100 points and marks new annual highs since 2017. The Spanish selective advances 1.56% at closing, up to 11,154 points, although it has risen to 11,167 integers. At the head of the index we find again Sabadell (+3.27%), after soaring yesterday after publishing results. At the top are also Acciona Energía, Acciona, Grifols, BBVA and Santander. On the cuts side, Repsol and Redeia have been the worst of the session. In the Continuous Market, Berkeleywhich has presented a brief statement on its financial situation and is still very aware of the political evolution of Spain due to what it means for its mine project in Salamanca, fell 0.9% after rising sharply yesterday. Faes (+1.81%) and Adolfo Domínguez (+0.65%) They have also published accounts. Also, pay attention to Applus, after Amber has beaten Apollo in improving takeover prices about the company, with a price of 12.78 euros.


The selective accumulates increases of 3.9% in the week. This, after advancing 1.5% and 1.7% on Monday and Tuesday, respectively, and falling 0.4% on Thursday and Friday.
The rest of the European stock markets advance less than the Ibex, while the American selective ones rise from 0.3% of the Dow Jones to 2% of the Nasdaq thanks to the reaction of Alphabet after publishing results, which shoots up 10%. The company beats forecasts and dividend distribution begins. Microsoft also rises, although less (+2%), after announcing its own. Today they continue to be published business results, especially in Europe (TotalEnergies, Rémy Cointreau, Cepsa…). This is the main focus of attention of the day for investors. The other, the macro, with the publication of the personal consumption deflator (PCE) in the US for Marchwhich has surprised and has rebounded to 2.7% from 2.5% previously and 2.6% expected; Furthermore, the underlying rate remains at 2.8% and puts more pressure on a Federal Reserve (Fed) that increasingly seems to have fewer arguments to lower interest rates. On the other side of the Atlantic the University of Michigan Consumer Sentiment Index for April, which has fallen to 77.2 points from the previous 77.9. Furthermore, in Spain there have been published the EPA for the first quarter (unemployment increases by 117,000 people) and retail sales for the month of March.


The Bank of Japan (BoJ) left its rates unchanged this Friday after its monetary policy meeting, maintaining its benchmark policy rate at 0%-0.1%. This is in line with what the market expected after, at its March meeting, the BoJ ended its negative interest rate policy and raised them from -0.1% to this range of 0%-0.1 %. So it was already said that this increase did not imply that a period of increases would begin. After the decision, the yen has depreciated further again. It has broken the level of 156 yen per dollar.
The BoJ too has simplified its language on bond purchases. He has signaled that he will buy government bonds in accordance with his March decision, and has removed a footnote that said he had purchased about 6 trillion yen per month in the past. The stock market reaction has been positive. The Nikkei is up about 1%. For the rest, it should be noted that The mining company BHP has fallen 3.43% on the Australian Stock Exchange. Anglo's management has unanimously rejected its takeover proposal.


The euro is exchanged at 1.0686 dollars (-0.4%). Oil rises 0.5%, with Brent at $89.51 and WTI at $84.01. Gold advances 0.14% ($2,345) and silver loses 0.61% ($27.18). Bitcoin is trading at $63,500 and Ethereum is trading at $3,100. The yield of the 10-year American bond falls slightly after reaching 4.70%, maximums since November 2 of last year. This, after the publication this Thursday of the First quarter GDP in the USthat showed a deceleration of the country's economy greater than expected.