The Spanish stock market closed yesterday its worst week of the year. The Ibex 35, the main selective, concluded the session with declines of 2.75%, loses the threshold of 10,200 points due to turbulence and poor international economic data. The outbreak of the Greek instability, the decline in oil prices and the collapse of the Russian currency (the ruble), have had a decisive influence on the evolution of the domestic market in recent days.
With the fall of yesterday, the stock lost in the last five days 6.93%, as is already the worst week since June 2012. However, so far this year Ibex still a gain of 2.3%.
Across the Atlantic, Wall Street opened with losses due to the new lower oil prices and a worse than expected industrial production data in China. While in the rest of Europe, Paris lost 2.77%; London and Frankfurt 2.49%, 2.72%. Milan fell 3.13%, in a session marked by the first general strike facing the Government of Matteo Renzi.
All the great values of the Ibex 35 closed with significant losses; Repsol, of 5.99%; Telefónica, 3.56%; Santander, 3.32%; BBVA, 3.27%; Inditex, Iberdrola and 3.03%, 1.91%. Very few stocks managed to close with gains.
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