Monday, January 5, 2015

The Spanish stock market fell 3.45% on fears that Greece leaving … – Caracol Radio

The Spanish stock market fell 3.45% on fears that Greece leaving … – Caracol Radio

Madrid, Jan. 5 (EFE) .- The Spanish stock market closed today with a steep drop and IBEX 35 index lost 3.45% or 357.50 integers, to 9993.30 points, driven by fears among investors that Greece leave the eurozone.

In this second session of the year, the IBEX 35 lost the psychological barrier of 10,000 points while the risk premium -diferencial Spanish Spanish bond between the Treasury and German rose nearly 10 years to 110 basis points.

The investor concern that an eventual victory of the Greek leftist Syriza, led by Alexis Tsipras, in the elections of 25 this month take Greece out of the eurozone overshadowed the good news that jobs were created in Spain for the first time in seven years in 2014.

Some analysts believe that a SYRIZA victory would occur an agreement to end between the “troika” -the main creditors of Greece, this is the ECB, the European Commission and the IMF and Tsipras to keep the country out of the euro.

The massive sales of securities have been general trend in European markets, starting with the Greek floors, which fell 5.63 percent.

In this situation of uncertainty about the political and economic future of Greece, the euro fell to 1.19 dollars, investors cut positions in equities and the main squares in Europe have dyed red.

The FTSE Milan has scored a bump of 4.92%, up from 3.45% Madrid Stock Exchange; 3.31 CAC missed the Paris Stock Exchange; 2.99% the DAX in Frankfurt and 2% of the London FTSE.

In Spain, the worst value of the IBEX 35 was Repsol, which fell 5.84% weighed down by a further decline in the price of crude, at least the last five years to be sold at $ 53, which on the opposite side has benefited the IAG airline, the only upside of the Spanish index with a rise of 1.45%.

In addition to Repsol, the other large values ​​of Spanish index ended the session with substantial losses: Banco Santander and BBVA fell 4.57 and 4.37%, respectively. Inditex was down 3.38%; Telefonica and Iberdrola 3.37%, 1.80 percent

In the continuous market, real estate San Jose led back losses to 10.75%.; while on the other side, led Natraceutical increases with a rise of 7.33 percent. EFE

mbr / mgm / pdp

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