The Stock Exchange down 0.71 percent and approaching 10,200 points – The Ideal Gallego

The Stock Exchange down 0.71 percent and approaching 10,200 points – The Ideal Gallego

                                      EDITORIAL |
                                      Updated August 15, 2014 – 23:17 h .
                                 

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The Spanish Stock Exchange fell 0.71% yesterday and approached 10,200 points, affected by the change of trend in international markets at the end of the session and the maturity of derivative contracts, according to figures from market analysts consulted.

 The main indicator of the domestic market, the Ibex 35 index lost 72.60 points, 0.71% to 10,222.20 points. In the week up 1.16% in the year and still accumulates an increase of 3.08%.

 The Stock Exchange began the day with modest gains thanks to the rebound in European markets and a rise of 0.4% on Wall Street on Thursday, which exceeded the level of 10,300 points.

 The market surpassed 10,400 points before the opening of Wall Street and after the publication of the American industrial production rose 0.4% in July.

 With the decline in the confidence of American consumers, the inability to overcome the resistance that slows the -level subidas- located on 10,400 points and the maturity of derivative contracts, the national market trend changed.

 All great values ​​fell: Banco Santander, 1.11%; BBVA, 1.01%; Repsol, 0.69%; Inditex, 0.37%; Telefónica, 0.3%, and Iberdrola, 0.09%. n