The FTSE yields 1.33% at the end and clings to 10,800 points – ABC.es

The FTSE yields 1.33% at the end and clings to 10,800 points – ABC.es

The risk premium stands at 119.4 basis points, the yield of ten-year bond at 2.203%.

Red Numbers widespread in European equity markets. Among all, the worst was the French Cac 40, with a decline of 1.87%. Then the German Dax, a 1.58%, similar to that suffered by the FTSE Mib in Milan and the PSI-20 left Lisbon decline. The Ibex-35, meanwhile, was down 1.44%. Meanwhile, the Ibex-35 was allowed 1.33%, to give a final change in 10801.80 points. Much worse declines suffered by European indices that suffering Wall Street. In fact, at the close of the stock indices, the Nasdaq was virtually flat, while the S & P 500 and the Dow Jones yielded only about 0.10%. And, if you are concerned about the global economic growth, which puts more nervous investors is the eurozone. And yesterday we had quite worrying about references. The purchasing managers index of manufacturing, services and compound eurozone disappointed. In the whole of the euro zone remained above 50 points, but lower than estimated by experts. The composite index, which brings industry and services, fell from 52.5 to 52.3 points, when experts expected it to remain stable.

session-keys The Ibex-35 lost 1.33%, to give a final change in 10801.80 points. ‘In the selective and only Mapfre Jazztel dodged declines that spread throughout the Spanish market. Acciona was the worst value, with a cut of 6.02%. ‘The risk premium for Spain ended the day at 120 basis points, similar to the levels of the previous day; commodities held their fall and the euro recovered levels.

But the disappointment was not unique to Europe. In the United States we had less data than expected by analysts. The index of housing prices in July rose just 0.1%, below the 0.5% expected. In addition, the figure for the previous month was revised lower. The purchasing managers index of American manufacturing sector stood at 57.9 points, up from 58 analysts had expected for the month of September. Yes, the manufacturing index Richmond Fed raised from 12 to 14 points, when the experts expected be placed at 10 points.

China contains falling commodity

Publication of a good manufacturing PMI in China, which rose against the 50 forecast, 2 to 50.5 points, did not act as a buffer bag sales. Although the raw materials. Because in the end, a barrel of Brent just fell 0.14% to $ 96.83, while that of West Texas, United States reference bounced one percentage point, to $ 91.75. The price of an ounce of gold, meanwhile, held steady at $ 1,216.

In the currency market, the euro appreciated against the dollar. He reached to touch at some point in the session the level of 1.29 units. At the close of the European session it was exchanged for 1.2856 units.

Investors, in addition to being concerned about the future of growth in the world in general and Europe in particular, are also by geopolitical tensions. Felipe Lopez, Self Bank, blames the United States’ decision to attack the State Islamic jihadists in Syria suffered the ravages markets. In FT is also feared that this worsening relations with Russia, a traditional ally of Damascus. But Wall Street suffered much less than Europe, despite leading the coalition. While in the Old Continent, France, acting vanguard in the Old Continent against Isis, suffered more than any other place.

The Spanish index, only two values ​​were saved descents. One was Mapfre, which gained 0.90%, after Bankia announced the sale of its 2.99% on Mapfre by 276 million euros. The other value that was saved from the cuts was Jazztel, which ended in a draw.

Acciona, the worst value of the Ibex-35

On the other side of the table, Acciona, which sank 6.02 %, with the news that Francisco Garcia Paramés, Bestinver star manager, the firm Acciona, left the company. The great danger is that Paramés will carry Bestinver customers. For now, Morningstar put under review Bestinver funds and many private banks withdrew these products from the list of recommended products.

After Acciona, OHL, which allowed 3.08%. And then Popular, which allowed 2.84%, while Abengoa lost 2.76%. Then another bank, Sabadell, which fell 2.58%.

Among the majors, the worst was Inditex, which allowed 2.28%. Repsol, meanwhile, fell by 1.78%. Meanwhile, BBVA allowed 1.39%, and Santander 1.18%. Among the “blue chips”, which was better behaved Telefónica, but suffered a cut of 0.53%.

In the General Index of the Madrid Stock Exchange was the most profitable Solaria value, with an increase of 14.72%. Then Fersa, which fell 7.78%. Besides these two values, only Biosearch, Ezentis, Bavaria and Ence earned more than Mapfre. Negative, Codere was worse was down 12.33% when the CNMV decided to suspend trading session after shoot before the impending deal to be guessed to shake off the bankruptcy of the company. And Wednesday is the deadline to reach an agreement on restructuring its debt. But his performance in yesterday’s session was weird. For much of the day moved his titles in positive territory, rising to go higher than 12%, but an hour before closing turned with great virulence.

In the debt market, the risk premium of Spain ended almost 120 basis points, as well as the profitability of Spanish ten-year bond remained at 2.21% similar to those of the previous day levels. The profitability of the German ten-year bond, meanwhile, also remained stable at 1.02%.