The Ibex-35 closed in positive the first week after the “Brexit” – Yahoo Finance Spain

MADRID (Reuters) – The Ibex-35 closed in green on Friday, capping a week of great turbulence after Britain decided to leave the European Union, which the Spanish index rebounded in the weekly accumulated 6.18 percent.

“It was a week full rebound after the shock of Brexit and levels have recovered almost ‘preBrexit’” said Alberto Castillo, analyst Capital Bolsa. “But uncertainty continues and the medium-term future will depend on investor sentiment.”

The economic data of the day gave mixed readings. The manufacturing PMI in Spain showed that production companies grew slightly faster in June than the previous month, but new orders grew at their slowest pace in more than two and a half years to weaken domestic demand.

at the international level, Bloomberg reported yesterday that the ECB was considering relaxing rules bond buying, which could include away the link between purchases and the size of the economy, helping to rising equities for the fourth day in Europe.

However, sources close to the ECB told Reuters quel not was currently considering buying government debt regardless of the proportion of participation of countries in the euro zone in the bank and the pitfalls to leave this key requirement were great.

In this context, the Ibex-35 closed up 1.29 percent at 8,268 points. The day before the British referendum, closed at 8,885 whole and Monday, when it hit its lows of 2013, closing at 7,645 points.

In the first six months of the year the Ibex stringing a decrease of 14.5 percent and in June ended its worst month since May 2012, with a fall of 9.64 percent.

Values ​​recovered strongly punished positions on the day. In banking, Santander, which has fallen 24 percent so far this year, rose 2.15 percent while Popular, led by declines so far this year with a fall of 57 percent, rebounded 5.7 percent.

Among the great values, Telefonica rose 2.42 percent and Inditex closed up 0.25 percent.

above highlighted steelmakers Arcelor Mittal and Acerinox with increases of 7.67 percent and 4.37 percent. .

On the opposite side, only four closed in negative values, including Endesa said with a fall of 0.77 percent