The Spanish stock market rises 127 aupada by banks – W Radio

Madrid, July 29 (EFE) .- The Spanish stock market rose today 1.27% and stood near the level of 8,600 points, exalted by the strong rebound in the banking sector, and after that Spanish banks BBVA, CaixaBank and Popular publish their accounts.

in a session that completed the round of presentation of results of banks, the Spanish leading indicator, the IBEX 35, scored 108 points, that 1.27% , to 8587.20 points, the weekly balance returned to positive territory, up 0.15% which reduced the accumulated in the year to 10.03% loss.

in Europe, other large squares accompanied the Spanish upward trend, and Milan rose 1.96%; Frankfurt, 0.61%; Paris and London 0.44%, 0.05%.

At the macroeconomic level, today reported that Spain’s GDP grew between April and June by 0.7%, one tenth less in the previous quarter.

investors considered positive numbers of the three Spanish banks that announced their results, which were among the most bullish values ​​during the day, although all of them registered a lower profit compared to the same period of 2015.

at the opening of the bag, selective regained the 8,500 points after posting a profit that were around 1%, supported by the closure of Tokyo with a 0.56 % higher.

at noon, the momentum of banks led to the IBEX 35 to the gates of the 8,600 units, with a gain of 1.27%.

later, Wall Street opened losses of 0.35% in its main index, the Dow Jones Industrial Average, which led to negative territory in some European markets and slowed increases in the Spanish floors.

the barrel Brent crude, the European benchmark, recorded a further decline, to $ 42.35

in the currency market, the euro appreciated to $ 1,117.; . Like the pound, which made it to $ 1,328

Among the great values ​​of selective, BBVA led gains by advancing 3.71%; followed by Santander, which gained 2.26%; Inditex, 0.96%; Iberdrola, 0.77%; Repsol and Telefonica 0.31%, 0.29%.

Amadeus was the most bullish Ibex company, after posting 451 million won (about 499 million dollars) in the first half, 15.2% more than a year ago; and after her ArcelorMittal rebounded 5.19% by the announcement that nearly 700 million won (about 775 million dollars) in the first half of the year, compared with a loss of 500 million the previous year.

Viscofán company was the biggest loser in the session, 7.98%; followed by Acciona, which made 2.02%.

The Spanish floors were negotiated today about 2,400 million euros (2,659 million dollars). EFE

eco / mc / csr