The ibex leaves the day at a minimum and loses 9,300 points

15:45 Adis to 9,300 points

The Ibex 35 fell by 0.7% and clearly lost 9,300 points after the bearish beginning of the New York Stock Exchange. More specifically, during the first changes on Wall Street, the industrial Dow Jones fell by 0.71%, the selective S & P 500 subtracted from 0.68% and the composite index of the Nasdaq market lost 0.67%.

13.30 hours. At least of the day

The Ibex 35 goes to the minimum of the day and corresponds to one each of 0.3%, with what is placed on the edge of the 9,300 points. The move coincides with the stronger bearish pressure coming from Wall Street, where S & P500 futures are down 0.6%.. The news that the Chinese Vice President will negotiate the trade deal in Washington on Thursday has helped calm investors early in the session, but doubts badail the park again, Well, we do not know what can come out of the appointment.

Arrived at this point, the two countries play a lot but investors seem to understand that China does not risk a bad deal pressed by what the market has interpreted that it could be a tactic of Trump. In addition, the market also seems to be starting to set prices, the end of the trade war may be longer than the stock markets had been discounted.

Within the ibex, the biggest punishment takes In this, which fell more than 7% after its results collapsed very poorly among investors. They also quote with 2% of the actions Siemens Gamesa, this afternoon of yesterday presented results, Meli and ArcelorMittal. Among the big values, the worst is BBVA, down 1.6%, while Santander lose 0.87%.

12h33 the ibex half-session

The Ibex 35 rated practically flat (-0.02%) during the half-session on Tuesday, during which the selective was placed overall, at 9 329.2 at 12:01, day marked by the presentation of the results and by the intensification of tensions between China and the United States.

Thus, the main Spanish index clings to the psychological level of 9,300 points, but with 18 values ​​in "red", in a week to conclude with the publication of the US CPI.

After the closure of Wall Street with a decline of 0.25% and the Nikkei index with a 1.6% each, the main European stock markets were turning as the session progressed, with 0.38% down in Frankfurt, 0.8% in London and 0.48% in Paris.

Cellnex Telecom led the gains, up 6.6%, following the announcement of the purchase of 10,700 sites in France, Italy and Switzerland for € 2,700 million. After Cellnex, we find Sabadell (+ 3.18%), Grifols (+ 2.33%), Naturgy (+ 1.48%), Mapfre (+ 1.29%), Mediaset (+ 1.29%) and Acciona. (+ 0.95%).

Ence (-7.4%), a company that posted yesterday attributable net profit of 17.3 million euros in the first quarter of the year, was down 41.6% compared to the same period of the year. last year. ArcelorMittal (-2.03%), Meli (-1.88%) and Tcnicas Reunidas (-1.8%) were right behind.

In addition, the price of a barrel of oil Brent quality, reference for the Old Continent, was Tuesday at 70.66 dollars, while Texas had fallen to 61.88 dollars.

Finally, the price of the euro against the dollar was placed at 1,1201 "greenback", while the Spanish risk premium was 97 basis points, interest required on the loan at 10 years being 0.9%. .

11:32 Decrease the commercial competitions

In the cDuring the first months of the year, a total of 1,458 competitions and 11,524 business resolutions were registered in Spain.or that supposes a descent of 12% of the competitions, but an increase of 2% of the dissolutions, according to a study elaborated by Informa, subsidiary of CESCE.

In April, the competitions remain below 400, reaching 393, or 11% less than the same month last year, and the dissolutions, 1,890, are 7% higher than those of the previous year. April 2018.

The study on bids and dissolutions shows that insolvent companies employ 10,768 people and have achieved a turnover of more than 1,600 million euros until the end of the year. now this year, 23% less than those that started this process during the same period in 2018. By dissolutions, they employed 28,414 people and their turnover was about 6,100 million. euros, 11% less than the previous year.

Opening

The Spanish stock market opened up 0.4% for the Ibex 35, which advances by 9.370 points. In the rest of Europe, the Dax and EuroStoxx50 started completely flat. trade negotiations between China and the United States, after confirming that Chinese Vice President Liu He will travel to Washington on Thursday to continue discussions, Although Donald Trump has announced new rates for this Friday. On the contrary, we just knew that Factory orders in Germany rose 0.6% in March, less than half of the 1.4% increase expected by badystss, a news that hinders the mood of investors.

The selective Spaniard will have to defend the 9,300 points, a task that was not impossible yesterday, without much difficulty, a morning of relief that leaves the gesture of goodwill among the Chinese leaders, who seem to be deaf to Trump's rudeness and will go on Thursday to continue moving forward at the end of the trade war. This does not mean that the final settlement must come from here, nor that the US President must reconsider the tariffs announced yesterday, but at least this serves to prove that the Chinese are the first ones interested in not letting the blood. .

Filter this Liu He come see the faces Steve Mnuchin and Robert LighthizeIn fact, it was the factor that allowed the main Wall Street indexes to end yesterday far from the minimum, and that the two American officials accused the Chinese of having deviated from certain commitments made during the weekend. end. That's more, they say in Link Securities, it's filtered President Xi "vetoed some of the agreements reached by the Chinese delegation with the United States, which provoked Trump's anger".

What Mr. Mnuchin confirms is that the United States will raise tariffs by $ 200,000 million on Friday unless there is a radical change. "The threat seems real, given the discomfort that the apparent lack of commitment from China has generated within the US administration," say the same experts. And with this stone in the backpack, it is difficult for European investors today to dare to open risk positions.

In the ibex, the biggest drops this morning concern Ence, which began with more than 4%, after presenting results yesterday afternoon that did not convince investors. In contrast, Cellnex Telecom took the lead in the selective group, which climbs nearly 6% after informing the market of the conclusion of an agreement with the companies Iliad and Salt for the acquisition of 10,700 sites in France, Italy and Switzerland those who invest 2,700 million euros, also walk very tonics this morning, Mapfre and Sabadell, who enter the top of the selective with increases of 2%.

On the contrary, Acerinox and ArcelorMittal they lose more than 1% and continue to be punished by investors who, after the intensification of tensions between China and the United States, refer to cyclical companies and basic materials. He is also among the most bearish BBVA, the worst of all great values, which leaves 0.8%, after the sharp falls suffered by the Turkish lira after learning that they will have to repeat the elections in Istanbul, during which they lost the match Recep Tayyip Erdogan. Another news, Endesa, which trades with 0.1% of the shares after presenting this morning a net profit of 363 million euros until March, down 2.4%.