The Ibex keeps rising at noon by reducing the fear of Brexit – Investing.com Spain

MADRID (Reuters) – The extended on Monday at midday on its strong progress started on Thursday, a rise that experts attribute to the news that point to a lower probability that the UK to leave the European Union

“the rise is the improvement of surveys in the UK. it seems that the trend has reversed,” Jesus de Blas, Mercagentes analyst said. “It recovered only part of what has been lost these last days,” he added.

The United Kingdom will vote on EU membership on June 23 and although polls indicate that the end result could be very tight , betting indicated on Monday that the vote could opt against Brexit.

Moreover, in the Spanish markets investors were preparing for general elections next Sunday, with expectations of a parliament fragmented without materialized so far been possible agreements to form a government.

at 1220 hours, the Ibex-35 rose 3.01 percent to 8,613.9 points, while the pan-European index gained 3.43 percent to 1,323.98 points.

companies with significant exposure in the UK were those that were leading the gains. The airline holding company IAG (MC controlled by British Airways rose 6.6 percent.

Ferrovial (MC added 5.5 percent, while Telefonica (MC e Iberdrola (MC rose 2.6 and 3 percent respectively.

With almost all values ​​of selective upward, the banking sector also recovered positions, especially Santander (MC and Sabadell (MC – with a strong presence in UK- climbing 3.75 and 3.32 percent.

Among the other banks it stood CaixaBank (MC :), with an advance of 4.15 percent. BBVA (MC was up 2.94 percent.

Other great values, such as Inditex (MC or Repsol (MC sums buttressed with respective increases of 2.8 and 2 percent.

Gamesa (MC :), which on Friday soared more than 5 percent after announce an expected according to Siemens (DE to create a giant global wind energy, rose 1.1 percent on Monday.

FCC (MC was the only value losses of 0.026 percent.

Outside selective, travel portal eDreams (MC earned 3.9 percent after reporting results slightly above their estimates.

(Reporting by Rodrigo de Miguel, edited by Thomas Cobos)