Spain stocks higher at close of trade; IBEX 35 up 0.31%

Investing.com -- On Friday, Fitch Ratings confirmed the Long-Term Foreign-Currency Issuer Default Rating (LTFC IDR) of the Bank of England (BoE) at ’AA-’ and maintained a stable outlook.

The BoE’s rating is directly tied to the UK sovereign rating, as the BoE serves as the monetary branch of the UK government. Therefore, its credit profile mirrors that of the sovereign government. Currently, Fitch only rates the three-year maturity US dollar bonds of the BoE. This rating does not extend to the BoE’s typical central-bank liabilities, such as bank notes or commercial bank reserves, which are monetary liabilities and not rateable debt.

The BoE’s rating reflects its central role in the UK and international financial system and is underpinned by support from the UK sovereign. The near certainty of sovereign support for the BoE is due to its national strategic importance and its ownership by the UK Treasury.

In terms of ESG (Environmental, Social, and Governance) considerations, the UK scores ’5[+]’ for both Political Stability and Rights and for the Rule of Law, Institutional and Regulatory Quality, and Control of Corruption. These scores are based on the World Bank Governance Indicators (WBGI) which play a significant role in Fitch’s proprietary Sovereign Rating Model (SRM). The UK’s high WBGI percentile ranking at the 85th percentile reflects its long history of stable and peaceful political transitions, well-established rights for political participation, strong institutional capacity, effective rule of law, and low corruption levels.

The BoE’s rating is sensitive to changes in the UK sovereign rating. Any negative changes in the UK sovereign rating could lead to a downgrade of the BoE’s rating. Conversely, any positive changes in the UK sovereign rating could lead to an upgrade of the BoE’s rating.

The ESG considerations for the BoE are the same as those for the UK sovereign. The key information used in the analysis is described in the Applicable Criteria.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com – Indonesia stocks were higher after the close on Monday, as gains in the Financials, Infrastructure and Agriculture sectors led shares higher.

At the close in Jakarta, the IDX Composite Index added 3.98%.

The best performers of the session on the IDX Composite Index were Toba Pulp Lestari Tbk (JK:INRU), which rose 25.00% or 90.00 points to trade at 450.00 at the close. Meanwhile, Mitra Pedagang Indonesia PT Tbk (JK:MPIX) added 25.00% or 19.00 points to end at 95.00 and Pt Pradiksi Gunatama Tbk (JK:PGUN) was up 25.00% or 125.00 points to 625.00 in late trade.

The worst performers of the session were Homeco Victoria Makmur PT Tbk (JK:LIVE), which fell 24.85% or 82.00 points to trade at 248.00 at the close. Sejahteraraya Anugrahjaya Tbk (JK:SRAJ) declined 13.03% or 370.00 points to end at 2,470.00 and DMS Propertindo Tbk PT (JK:KOTA) was down 12.50% or 1.00 points to 7.00.

Rising stocks outnumbered declining ones on the Jakarta Stock Exchange by 456 to 203 and 180 ended unchanged.

Crude oil for April delivery was down 0.26% or 0.18 to $69.58 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.22% or 0.16 to hit $72.65 a barrel, while the April Gold Futures contract rose 0.80% or 22.91 to trade at $2,871.41 a troy ounce.

USD/IDR was down 0.33% to 16,480.30, while AUD/IDR fell 0.28% to 10,233.20.

The US Dollar Index Futures was down 0.24% at 107.29.

Investing.com – Spain stocks were higher after the close on Friday, as gains in the Telecoms & IT, Consumer Services and Chemical, Petroleum & Plastic sectors led shares higher.

At the close in Madrid, the IBEX 35 rose 0.40%.

The best performers of the session on the IBEX 35 were Amadeus IT (BME:AMA), which rose 4.69% or 3.26 points to trade at 72.72 at the close. Meanwhile, International Consolidated Airlines Group SA (BME:ICAG) added 3.80% or 0.16 points to end at 4.26 and Acciona (BME:ANA) was up 3.22% or 3.70 points to 118.70 in late trade.

The worst performers of the session were Puig Brands SA (BME:PUIGb), which fell 5.94% or 1.14 points to trade at 17.97 at the close. Grifols SA (BME:GRLS) declined 3.41% or 0.38 points to end at 10.62 and Laboratorios Farmaceuticos ROVI (BME:ROVI) was down 2.03% or 1.10 points to 53.20.

Falling stocks outnumbered advancing ones on the Madrid Stock Exchange by 108 to 87 and 21 ended unchanged.

Shares in Amadeus IT (BME:AMA) rose to 5-year highs; up 4.69% or 3.26 to 72.72. Shares in Laboratorios Farmaceuticos ROVI (BME:ROVI) fell to 52-week lows; losing 2.03% or 1.10 to 53.20.

Gold Futures for April delivery was down 1.25% or 36.11 to $2,859.79 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in April fell 0.88% or 0.62 to hit $69.73 a barrel, while the May Brent oil contract fell 1.11% or 0.82 to trade at $72.75 a barrel.

EUR/USD was unchanged 0.09% to 1.04, while EUR/GBP unchanged 0.11% to 0.83.

The US Dollar Index Futures was up 0.04% at 107.21.

Investing.com – Indonesia stocks were lower after the close on Friday, as losses in the Infrastructure, Financials and Agriculture sectors led shares lower.

At the close in Jakarta, the IDX Composite Index declined 2.95% to hit a new 3-years low.

The best performers of the session on the IDX Composite Index were Homeco Victoria Makmur PT Tbk (JK:LIVE), which rose 25.00% or 66.00 points to trade at 330.00 at the close. Meanwhile, Fortune Mate Indonesia Tbk (JK:FMII) added 24.83% or 74.00 points to end at 372.00 and Humpuss Intermoda Transportasi (JK:HITS) was up 24.66% or 72.00 points to 364.00 in late trade.

The worst performers of the session were PT Hillcon Tbk (JK:HILL), which fell 24.88% or 510.00 points to trade at 1,540.00 at the close. Trust Finance Indonesia Tbk (JK:TRUS) declined 24.83% or 370.00 points to end at 1,120.00 and Lion Metal Works Tbk (JK:LION) was down 24.44% or 165.00 points to 510.00.

Falling stocks outnumbered advancing ones on the Jakarta Stock Exchange by 603 to 85 and 142 ended unchanged.

Shares in Homeco Victoria Makmur PT Tbk (JK:LIVE) rose to all time highs; gaining 25.00% or 66.00 to 330.00.

Crude oil for April delivery was down 1.05% or 0.74 to $69.61 a barrel. Elsewhere in commodities trading, Brent oil for delivery in May fell 0.90% or 0.66 to hit $72.91 a barrel, while the April Gold Futures contract fell 0.97% or 28.11 to trade at $2,867.79 a troy ounce.

USD/IDR was up 0.96% to 16,598.50, while AUD/IDR fell 0.01% to 10,324.52.

The US Dollar Index Futures was up 0.12% at 107.30.