Thursday, June 23, 2016

Madrid accelerate progress against expectations for UK referendum – Newscasts Televisa

MADRID, Spain, jun. 23, 2016.- The Ibex-35 accelerates the progress and recorded 2.3% to 8,899.20 points as the market discounted voters elect UK the option of staying in the European Union in the referendum held on Thursday.

“the probability of departure from UK [block] has dropped significantly over the last week,” says Philippe Ferreira, strategist at Lyxor Asset Management, referring to what point bets on whether the country break or not with the EU.

“the market integrated this new information on prices of risky assets, which recovered part of the fall of the first two weeks of June,” he added.

companies with assets in UK are encouraged and lead hikes selective.

Santander earns 3.9%, IAG up 4.3%, Telefónica advances 2.8% and Banco Sabadell is scored 2.4 percent.

the values ​​linked to the evolution of raw materials positively reflected the rise in oil prices.

ArcelorMittal soars 6.5% and leads hikes Ibex -35, followed closely by Acerinox, advancing 4.3 percent.

the Spanish risk premium continues to decline and stood at 135 basis points.

in the United States will know some data and requests for unemployment benefits; manufacturing PMI upfront June, and sales of new homes in May

TFO

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