- En castellano:El Ibex cierra agosto con un avance del 1,3% pese a perder este lunes los 7.000 puntos
The Ibex starts September this Monday and does so positively (+ 0.8%. 7,194 points). Although the last day of a favorable month of August has yet to close (+ 3%), investors are already in 'work mode' once the summer holidays can be concluded. This week will be marked by the preparation of parents and children for going back to school and, in what has to do with the stock market, there will be many very relevant macro data - stoppage in the euro zone, PMI, data inflation, US employment report ...- which will be followed closely.
- 11.656,600
- 0,39%
At the moment, in Europe the rises dominate after Asia closed with a clear dominance of the green numbers and after Wall Street ended last week with increases of 0.6% on average. In China, the indices rose after an August non-manufacturing PMI and a manufacturing purchasing managers index that came out above expectations.
In addition, there is still talk of the departure of Japanese Prime Minister Shinzo Abe. The Nikkei rebounded today after falling sharply on Friday due to this news. On the other hand, several very relevant companies in Japan - Itochu, Marubeni, Mitsubishi, Mitsui & Co. and Sumitomo - rose after Berkshire Hathaway, Warren Buffet's investment vehicle, took a stake of just over 5% in they.
On the other hand, when it comes to the tensions between the US and China, the Chinese government seems to have no intention of facilitating Donald Trump's forced sale of TikTok's operations in the US. The owner of the ByteDance application will have to obtain the approval of the Chinese government for the agreement, taking into account the restrictions that Beijing has imposed on the export of artificial intelligence technologies. The new rule is intended to delay the sale, a source told Bloomberg.
All in all, the Ibex is close to 7,200 points. We remind you that the selective is still embedded in a bearish channel from the highs that it marked in June. On a macro level, the CPI rose to -0.5% in August in Spain. Today the German CPI is also published.