Ibex 35 European markets: positive closure supported by Wall Street … – Yahoo Finance Spain

Quote of the European market

European shares closed with slight gains. The day began without major changes, collecting the data that Chinese PMI has been below expectations, although improving the previous data.

During the morning, in Europe knew the minutes of the ECB, reflecting the need for the members of the central bank decisively implement the package of measures announced by the bank in January, including quantitative easing (QE) to support the economic recovery and boost inflation to 2%.

In Spain, the Treasury sold a total of 5.509 million euros in debt maturing in April 2018, January 2020 and July 2030, above the target it had set to capture between 4,500 and 5,500 million. The maximum yield of the new three-year bond was set at 0.267%, which provides a premium around 0.10 percentage points compared to previous auctions.

In the afternoon Wall Street opened to low, with some weak economic data. However, after the first measures were imposed purchases across the Atlantic, leading to European markets closed with positive sign.

At the close, the CAC won 0.26%, the Eurostoxx up 0.14%, the DAX 0.14% and 0.09% FTSE 100.

The Spanish risk premium stands at 114 points, with the interest rate of the bond 10 years in the 1,770%.

Macroeconomic news affecting the market quotation

At the macroeconomic level, we have known that in China manufacturing PMI advance that makes HSBC rose to 49.1 . in May from 48.9 in April

In the Eurozone, the PMI composite advance that makes Markit (NasdaqGS: MRKT – News) fell to a three-month to 53.4 from 53 , 9 April. The manufacturing PMI rose more than expected (52.3 vs. 52 in April and 51.8 expected). Meanwhile, the services PMI fell more than expected to 53.3 from 54.1 and compared to the estimate of 53.9.
countries: in Germany, both the PMI service sector as in the manufacturing sector fell more than expected. The manufacturing PMI fell to 51.4 from 52.1 in April and the non-manufacturing sector declined to 52.9 from 54.0. In France, the manufacturing PMI rose to 49.3 in May from 48.0 in April and the services PMI rose to 51.6 from 51.4 but falling below estimates of 51.9.

The consumer confidence weakened Eurozone in May for a second month, and did so at a faster pace than expected, as it fell to -5.5 from -4.6 in April.

On the other hand, the current account surplus in the Eurozone rose to 24.900 million in March from 14,700 million in February.

In the US, new applications for benefits unemployment rose by 10,000 to an adjusted figure for calendar effects 274,000 in the week ended May 16. They expected 270,000 new claims. The level of applications from the previous week remained intact on the figure initially announced 264,000.

Sales of previously owned homes fell 3.3% in April to a monthly data adjusted to calendar effects 5.04 million. The March figure was revised upwards to 5.21 million from 5.19 million.

The National Activity Index Chicago Fed stood at -0.15 in April compared to -0, May 36.

The leader of the Conference Board index rose 0.7% in April compared to the estimate of + 0.3% and + 0.4% previous data.

The Philly Fed fell to -5.5 in May from -4.6 in April. It was expected that the rate will stand at the level of -4.8.

The manufacturing PMI advanced to 53.8 in May down from the final figure of 54.1 in April.

Quote oil and dollar exchange rate euro European closing

In the derivatives market oil futures are trading higher, trading at $ 60.77 environment. In the forex currency market the euro gained ground against the dollar, so that the junction between two currencies is set in the vicinity of 1,112.

Business News

In the business world, Fidentiis Equities announced the sale of participation 8.56% Banco Santander (Amsterdam: SANT.AS – news) had in NH Hotel Group for 153 million euros, bringing the largest Spanish bank by capitalization from capital hotel group. In total, Fidentiis sold 30 million shares of NH at a price of 5.10 euros, representing a near 1.4% discount to the closing price of the securities of the hotel chain Wednesday 5 17 euros.

Telecom Italia (Other OTC: TIAJF – News) announced that it will bring to bag up to 40% of its telecom infrastructure subsidiary Wireless Italiane SpA (Inwit). Inwit is owner and operator of wireless infrastructure and generates revenue by renting space and services in these towers, especially mobile telecommunications operators. The company is 100% owned by Telecom Italia. The IPO must be approved by the Italian authorities and the group did not indicate how much will be assessed.

CVS Health Corp has agreed to buy the service provider for the pharmaceutical sector Omnicare (NYSE: OCR – news) in a deal valued at 12,700 million operation to increase the services offered to the drugstore chain Ageing Population. The offer of $ 98 per share represents a premium of 3.6% over the closing price of Omnicare Wednesday. The offer includes a debt of 2,300 million dollars.

Quote Ibex 35

In Spain, the Ibex 35 closed with a rise of 0.18% and the price is set at the level of 11595.4 points Sacyr, Tecnicas Reunidas Enagas and recording the biggest gains. On the opposite side of the table, FCC, and IAG Bankinter lead losses

The largest variations were selective.

Cierre Blue Chips positive for the market, except for Telefonica closes flat at 13.30 euros. Iberdrola wins 0.02%, 0.28% advance Santander, BBVA and Repsol 0.15% 0.36%

Intraday Chart Ibex 35.

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