Monday, June 27, 2016

After the earthquake caused by the Brexit, top European shares traded with low of 2% – El Cronista

Unlike the Asian markets, which had a positive closing, Europe opened lower. The exception was the Spanish stock market, which recovered 3% after the election result yesterday, but then returned to budge.

After a black Friday that recalled the worst of the 2008 crisis, caused this time by the referendum that upheld the output of UK Union European, top European shares opened today’s session with losses and continue this trend throughout the session with falls of up to 2%.

the British benchmark FTSE 100 was down 1.97% to half wheel after falling 3.2% on Friday. France’s CAC fell 1.83%, Germany’s DAX 1.90%, the 2.13% FMIB Italy and Spain the Ibex 35 of 1.34%.

The only index opened with rises today was the Ibex 35, which recovered 3.11% in the first minutes of trading. The Spanish stock market rose in opening thanks to the election results yesterday, which allowed the Popular Party president Mariano Rajoy -of win the election with a better than expected result.

The Brexit continues to affect bags European, that do not reflect the positive closure were Asian, with a rise of 2.39% in the Nikkei in Tokyo and 1.45% in Shanghai.

The first reaction to Brexit by the Beijing government was a message of calm, in contrast to the nervousness that was last Friday in international stock markets and, to a lesser extent, China.

After the shock of the news, experts estimate that volatility will be very strong over the next few days to the high level of uncertainty. so recommend that caution and prudence .

investors are pending at this time of the opening of Wall Street, which ended Friday’s session in red with losses of 3.59% in the S & P 500 and 3.39% in the Dow Jones.

Meanwhile, in the foreign exchange market, the British pound slumped to its lowest level against the euro in more than two years and again back to its lowest price against the dollar in 30 years.

the euro also recorded depreciation against other currencies and only managed to win the Norwegian krone and the pound, as uncertainty about what will be the output of UK raises questions about the currency of the European Union.

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