The Ibex-35 closed below 8,500 points weighed down by banks – Investing.com Spain

MADRID (Reuters) – The Ibex-35 of the Spanish stock market closed on Friday below 8,500 points, weighed down by banks and large industrial values ​​in a typical summer day without macroeconomic references and with little volume.

“we went through a transitional period in which we had no macro relevant results that could catapult the market and this uncertainty is being harnessed by investors to take profits,” said Jose Antonio Martin Quiroga , an analyst at IG, said in a report.

the financial sector led the declines, with Santander (MC and BBVA (MC as the big losers in the index with respective declines of 2.1 percent .

The median bank also placed in the bottom of the table. Popular (MC was left 1.74 percent, CaixaBank (MC 1.97 percent and Sabadell (MC 1.7 percent.

At the descent of the great banks joined Telefonica (MC :), which left 1.6 percent, while Inditex (MC showed relatively stable, losing only 0.175 percent.

the Ibex-35 () was dropped 1.16 percent to 8,450, 60 points, accumulating a weekly decline of 3.05 percent, while the index of large European values ​​FTSE 300 Eurofirst () on Friday dropped 0.71 percent.

Another heavyweight like Repsol (MC fell 1.3 percent despite barrel <.lcoc1> European benchmark managed to keep the level of $ 50.

Only two values ​​of the Ibex held their session in positive: AENA (MC with a rise of 0.35 percent and Grifols (MC :), with 0.31 percent).

Gamesa (MC :), who shone the eve infected by the good results presented by Danish rival Vestas his (CO :), fell on Friday 0.99 percent.

in the bond market, the risk premium of Spanish 10-year debt over the German equivalent stood at 99 basis points for the second consecutive day remaining below the benchmark of 100 basis points, a low not seen since April 2015. <-! / 6938 / FP_ES_site / FP_ES_TextNote ->

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