The Ibex-35 takes breather after its recent fall with an eye on the Fed – Investing.com Spain

MADRID (Reuters) – After falling last 3 percent the week, the Spanish stock market took a breather at the opening on Monday, although traders said the weakness of materials raw and wary of the meeting this week of central bankers in the US would leave the market little travel upward.

“the bags will remain expectantly during the week waiting for the intervention of Janet Yellen on annual policy meeting in Jackson Hole, “said Banc Sabadell (MC morning in its market report.

at 0927 hours, the Ibex-35 gained 0.25 percent to 8,472 points, while the index of large European values ​​FTSE rose 0.11 percent.

the financial sector, heavily punished week, supported the initial rebound. Santander (MC gained 0.4 percent and BBVA (MC 0.57 percent.

Also Telefonica (MC totaled about 0.5 percent and Inditex (MC was up 0.3 percent.

Repsol (MC :), however, left a 0.25 percent decline at the new price.

the two best values ​​of Ibex were Dia (MC and Ferrovial (MC with increases of 1.0 and 0.8 percent while Arcelor Mittal (MC was on the opposite end, with a cut of 1.5 percent.

fixed income market, the risk premium of Spanish 10-year debt over the German equivalent was trading at 99 basis points, remaining third consecutive day below the benchmark of 100 basis points, a low not seen since . April 2015

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