The Ibex 35 started this Thursday’s session with a rise of 1.02%which led the Madrid selective to 11,803.6 points at 9:00 a.m., following the decision of the American Federal Reserve (Fed) to lower interest rates for the first time since 2020.
Likewise, the main indicator of the Spanish market remained at unprecedented highs since 2015 after reaching the psychological level of 11,800 points for the first time in nine years.
Specifically, the Federal Open Market Committee (FOMCThe Fed (for its acronym in English) decided yesterday to lower interest rates by 50 basis points for the first time since March, which left them within the target range of 4.75% to 5%.
Furthermore, the President of the FedJerome Powell said he saw no signs of a near-term slowdown in the United States.
Under the company’s umbrella, media conglomerate MFE-MediaForEurope (MFE) posted a net profit of €104.7 million in the first half of 2024, representing a 20.2% increase over the €87.1 million profit recorded in the same period of 2024 the previous year, as reported by the company on Thursday.
Bouquetin 35 companies
The biggest increases in the Ibex 35 were:
Indra: +2.65%
Fluidra: +2.04%
Hint : +1.92%
International markets
The main European stock markets were positioned as follows:
Paris: +1.4%
London: +0.93%
Frankfurt: +0.93%
Milan: +0.99%
At the opening of the stock market, the price of barrel of oil The quality of Brent, the benchmark for the Old Continent, stood at 73.16 dollars, or 0.73% less, while Texas fell by 0.71%, to 69.46 dollars.
On the foreign exchange market, the price of the euro against the dollar stood at 1.1148. green billswhile in the debt market, interest rates on 10-year bonds have soared to 3,000%.
