The Spanish stock market rises 0.21% at the end – Caracol Radio

The Spanish stock market rises 0.21% at the end – Caracol Radio

Madrid, Jan 7 (EFE) .- The Spanish Exchange today closed higher and its main index, IBEX 35, rose 0.21% or 20.30 integers, to 9891.40 points, recovering some of the large losses in recent days due to the political uncertainty surrounding Grecia.EFE

The market today was encouraged by the possibility that the ECB acts quickly, this month, to stop a scenario deflation.

The Spanish index lost nearly 5% in the previous two sessions, driven by uncertainty about the political situation in Greece background.

Today, investors have focused attention on the data of the Consumer Price Index (CPI) December the euro area, which stood at a negative rate of 0.2%, with inflation stood at 2014 in negative territory for the first time in five years.

This data, according to experts, the pressure on the European Central Bank (ECB) increases this month to take further measures to combat a potential deflation scenario, among which the purchase of sovereign debt would be found.

After learning this information, the euro has continued to decline and was trading at $ 1.18, a level that had not been since 2006.

A pressure on the ECB also contributes the collapse of oil prices, which in the case of Brent, the European benchmark, fell to levels not seen since 2009, to fall below $ 50.

However, the Texas oil benchmark in the US, began the session slightly higher, which helped Wall Street opened with gains, which mainly were motivated by better data than expected on evolution the labor market.

Despite all this impetus given to the Spanish Stock Exchange, just over half an hour before closing, the IBEX 35 was losing strength and away from daily highs and even got to go . momentarily in negative territory

Among the major European markets, the Milan ended with losses and closed down 0.11%, while the Paris market gained 0.72%; . the Frankfurt and London 0.51%, 0.84% ​​

Within the IBEX 35, Inditex rose 1.17%; Banco Santander, 0.64%; Repsol, 0.51%; BBVA, and Telefonica 0.30%, 0.04%; . while Iberdrola has been left 0.13%

Abengoa led gains to climb 5%, followed by BME, with 1.93%; and Abertis, 1.92%.

On the side of the losses have been located midsize banks. Banco Popular has fallen 1.93%; Bankia, 1.89% and Banco Sabadell, 1.72%.

In the continuous market, the most bullish value has been eDreams, with 13.68% and the more bearish, the Inypsa rights, which have fallen 17.53%.

At the meeting, the Spanish stock market has traded almost 2,700 million euros. EFE

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