The Ibex-35 reached its highest point in 14 months while waiting for the central banks

The Ibex-35 reached its highest point in 14 months while waiting for the central banks

Attention now turns to decisions central banks next weekwhen the Federal Reserve and the European Central Bank will announce their plans to curb inflation.

Investors are waiting for the Fed to signal that the end of rate hikes is near, and there is uncertainty about the tone the ECB will take after mixed comments from its leaders.

So things, the selective Spanish stock market Ibex-35 closed with an increase of 78.10 points on Thursday, 0.9%, up to 9,035.60 pointswhile the FTSE Eurofirst 300 index of large European stocks rose 0.29%.

In the banking sector, Santander rose 3.2%, BBVA posted 2%, Caixabank rose 1.4%, Bankinter rose 2.1% and Unicaja Banco rose 3.5%.

The financial entity Sabadell was at the head of the board with an 11% rise and reaching maximums of three years after announcing at the beginning of the day an increase in shareholder remuneration and a notable increase in profit in 2022.

Among the large non-financial values, Telefónica fell 0.9%, Inditex advanced 2.1%, Iberdrola fell 0.3%, Cellnex fell 1.9% and the oil company Repsol rose 1%.

Source: Ambito

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