Thursday, July 7, 2016

The Dow rebounded at the opening following the positive close on Wall Street – Investing.com Spain

MADRID (Reuters) – she opened Thursday with top one percent rise in line with other European markets, following the rise in Wall Street last night

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in Madrid, the initial focus was the debt auction medium- and long-term Treasury held this morning.

at 0915 hours, the Dow rallied 1.3 percent to 8,033 points after three days of heavy cuts. The pan-European index advanced 1.22 percent in early trading.

The initial rise was led by Tecnicas Reunidas (MC :), up 4.6 percent, after Citi raised the aim of the company to 35 euros from 29 euros.

Acerinox (MC :) rose more than 3 percent by improving Credit Suisse (SIX :) its rating to “outperform the market”.

In banking, CaixaBank (MC :) and Santander (MC :) led the rebound with individual hikes 1.9 percent.

Telefónica (MC :) is pointed 1.6 percent while Inditex (MC :) content with a rise of 0.6 percent after UBS lowered its price target of 30 euros textile group.

the only value of Ibex in negative territory at the opening was ACS (MC :), with a cut of 0.74 percent.

Outside the Ibex, the value was punished Lar, with a fall of 3.6 percent after announcing a capital increase with heavy discount on the issue price to fund new investments.

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