European stock markets open with moderate increases after advances in Asia and Wall Street

The European stock markets opened this Wednesday’s session with slight increases, except for Paris, which started flat, boosted by the increases experienced by the Asian markets and Wall Streeton a day in which interest focuses on the Ifo business confidence index in Germany.

At the opening, the stock market that rose the most was Milanwith 0.61%, followed by Londonwith 0.42%; Madridwith 0.28%, and Frankfurtwith 0.24%, while Paris It has started flat.

He Euro Stoxx50an index in which the largest capitalization European companies are listed, rose 0.26%.

The Tokyo Stock Exchange closed this Wednesday with a rise of 2.42% of its main indicator, the Nikkeiencouraged by advances on the Wall Street floor, as concerns about tensions in the Middle East eased.

Wall Street closed yesterday Tuesday in green and its main indicator, the Dow Jones, rose 0.69% after a day focused on the quarterly results of large US companies, while the S&P 500 advanced 1.20% and the Nasdaq rose 1.59%.

In today’s session, in addition to the German Ifo business confidence index, investors will be awaiting the publication in Spain of the year-on-year mortgage loan data, and the season for presenting results for the first quarter will continue.

The number of mortgages on homes established in Spain increased last February by 3.8%, the first year-on-year increase in twelve months, reaching 37,232 contracts, and grew by 12.4% compared to the previous month.

Likewise, the company Iberdrola achieved a net profit of 2,760 million euros in the first quarter of the year, 86% more than in 2023, although this figure includes 1,165 million euros from the sale of assets in Mexico and 238 from the recovery of the tariff deficit of the United Kingdom.

Regarding raw materials, gold fell 0.18% to $2,337 per ounce, while crude oil Brenta reference in Europe, advanced 0.17% to $88.57 per barrel.

He West Texas Intermediate (WTI), benchmark in the US, also advanced 0.12% to $83.46, before the formal opening of the market.

In the debt market, the interest on the ten-year German bond, considered the safest, rises to 2.520%, and the Spanish bond also advances to 3.292%.

He bitcointhe best-known cryptocurrency on the market climbed 0.97% to $66,746.

For its part, the euro depreciates slightly by 0.07% and is exchanged at 1.0692 dollars.