Friday, May 29, 2015

The Spanish stock market fell 1.45% for the debt of Greece and the … – holaciudad.com, Fresno

The Spanish Exchange today depreciated by 1.45 percent, weighed down by the generated doubts about whether Greece will reach a deal with creditors before June and after the decline recorded by the US economy in the first quarter.

With the risk premium of 135 basis points, the Spanish IBEX 35 index stood at 11217.60 points today, which ended May with losses of 1.47%, its second consecutive down month.

In addition, the Ibex 35 fell 2.91% in the week, the biggest drop since mid-April, bringing gains in the year are reduced to 9.13%.

At the beginning of the meeting, the Spanish stock exchange and he scampered the rest of their European counterparts, and opted for losses, waiting for news about the negotiations between Greece and its partners and creditors, after yesterday It was known that the expected agreement between the Hellenic country and its partners is far from realized.

Still, the Ibex 35 noon maintained the negative trend, which the rest of the major stock joined European.

The possibility of Greece to reach agreement in the coming days has remained in the air, although there are conflicting positions.

On the one hand, the European Commission believes that as the Greeks have said the deal could be closed in the next week, a date not shuffled from Germany, where Finance Minister, Wolfgang Schäuble, has warned that there are still many things to do.

The Greek Finance Minister, Yanis Varufakis, recalled that the deadline for reaching an agreement is June 30, when the expansion of the second bailout expires.

Also from the US, its leaders today called flexibility to Europe to reach agreement with Greece, a request that is known the very day in which it is reported that the growth of US GDP contracted by 0.7% in the first quarter.

A bad macroeconomic data that caused the US stock markets have started the session lower, which has definitely drawn into the main squares of Europe.

The Paris market was left a 2 , 53%, followed by near Frankfurt, which lost 2.26%; Milan and London 1.05%, 0.80%

In Spain, the great values ​​closed lower: Inditex fell 1.87%. Santander 1.62; BBVA 1.09; Telephone 1.04; Repsol and Iberdrola 1.14 0.80%.

Within the Ibex 35, OHL has been the most bearish session value, after falling 4.66% and any value of this indicator ended positive.

At the meeting in which the euro was trading at $ 1.098 were traded on the Spanish Stock Exchange over 3,600 million euros (3,950 million dollars).

© EFE 2015

© ZGS 2015

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