Monday, September 29, 2014

Banks weigh down the Ibex 35 – Expansión.com

Banks weigh down the Ibex 35 – Expansión.com

The huge weight has banking training our main indicator causes widespread changes in the sector are reflected strongly in the index.

In today’s session the Ibex 35 has left 1.52%, to settle at 10,686 points, has been the worst behaved of his counterparts, because in addition to acknowledge the doubts that cause conflicts in Hong Kong and Ukraine our investors have an added uncertainty about the position being taken by the Catalan government with respect to public consultation.

A dispute that has already caused the risk premium in Spain has risen to 126 points and the interest Spanish ten-year bond at 2.2% climb. The market response has been clear and almost all our values, led by banks, stock market declines have shown.

Also it should be noted that the cuts have worsened after the opening of Wall Street, do not forget that the major American indexes are on the roof of its bullish channel and every step forward one step back usually results.

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