Spanish & gt; & gt; Economy
UPDATED: 21/01/2016 – 8:33
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MADRID, Jan. 20 (Xinhua) – The benchmark index of the Stock Exchange of Spain, the Ibex closed today’s session at 8281.4 points, reflected a decline of 3.2 percent, driven by the major exchanges in Europe that recorded the worst drop since 2009.
Spanish media quoted experts that the stock market, they pointed out that the negative behavior was due to factors such as the oil crisis and political uncertainty in the Iberian nation.
Analysts said the concern of the Spanish market due to several circuntancias, as the new lower oil barrel benchmark Brent, which ranked at $ 28.19, and the collapse Wednesday in Asian markets.
The Stock Exchange of Milan (Italy) fell 4.83 percent, the Frankfurt (Germany) did it in 2.48, the Paris (France) 3.45 and London (UK) 1.95 percent.
The risk premium rose to 130 turn points in Spain, compared with 115 the previous day due as investors take refuge in German bonds whose difference with the Spanish country-risk measures in addition to the existing local political uncertainty
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