The Ibex-35 recorded a gain of 1.67% during Monday’s session, which has enabled it to surpass the level of 8,600 point, with Siemens Gamesa at the top of the promotions and the bank at its feet.

Siemens Gamesa shares rose 6.24% to 17.79 euro on Monday. This was after Siemens Energy announced that it would make a voluntary cash offer for all Siemens Gamesa shares it does not yet own. That is approximately 32.9%. With the intention of delisting them. It will offer 18.05 euro per share.

Christine Lagarde (CEB president) indicated that the first increase in interest rates for the eurozone could take place at the next month’s meeting of its Governing Council.

“I expect net purchases under the APP program to come to an end in the third quarter. In line with our future orientation, this would allow us raise the rate at our July meeting,” the Frenchwoman stated in an article posted on the ECB Blog.

It was also published this Monday that the Organization for Economic Cooperation and Development’s (OECD), first quarter growth rate of gross domestic product (GDP), slowed to 0.1% compared with the previous three months when it was 1.2%.

The Ibex-35 ended the trading session at 8,625.8 point. Santander (3.86%), Sabadell (5.99%), Arcelormittal (3.98%), Santander (3.86%), CaixaBank (3.75%) and Bankinter (3.31%) were the top promotions.

Only Almirall (-9.5%), Grifols (0.4%), PharmaMar (0.29%), Melia (0.144%), and Amadeus (0.0%) were shown in red. 14%).

Iberdrola, for its part, has closed Monday at 11.145 euros per shared, a new one-year high. It has also gained 0.41% over the day and now has a capitalization totaling 71,675 millions euros. It has risen 7% this year and is now the largest European energy company, surpassing the Italian Enel which is valued at just over 62,000 millions. Analysts are pleased with its ability to capture growth in renewables, and its prudent balance sheet.

Other European stock markets also saw gains in this session: 1.67% in London; 1.17% Paris; 1.38% Frankfurt; 0.17% Milan.

Brent crude oil was a benchmark oil for Europe and its price stood at 113.35 USD. This is an increase of 0.688%. WTI oil, which is a benchmark oil for the US, increased 0. The price of a barrel of Brent crude oil, a benchmark for Europe, was 113.35 dollars with an increase in 0.68%. A barrel WTI oil, a benchmark for the US, rose 0.4% to $110.71.

The euro was priced at 1.0678 greenbacks against the dollar. The Spanish risk premium was 113 basis points. The interest rate on the 10-year bond was 2.118%.