IBEX 35 · IBEX35 Daily Market Briefing

Bullish

IBEX 35 rises 0.81% to 20,041.9 points after Warsh's Jackson Hole speech.

The IBEX 35 gained 0.81% to close at 20,041.9 points, surpassing the 20,000 mark. This uptick followed U.S. Federal Reserve Chairman Kevin Warsh's commitment to addressing inflation in his Jackson Hole speech. Warsh emphasized the Fed's dedication to ensuring inflation returns to the 2% target, suggesting potential interest rate hikes if necessary.

Key points

  • Puig Brands SA led gains with a 1.77% increase, closing at €18.40.
  • Banco Bilbao Vizcaya Argentaria SA rose 1.54% to €25.04.
  • Endesa's stock remained steady amid ongoing electricity grid issues in southern Spain.

Sources

AI-generated from public news sources. Not financial advice.

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