MADRID (Reuters) – The Ibex-35 of the Spanish stock market managed to keep the benchmark of 8,700 points on Friday, consolidating gained 2 percent on the week, a push that repeated next week would put the Spanish selective pre Brexit levels.
the market ignored the known macroeconomic data during the session and closed almost flat on the day, with a tiny drop of 0, 04 percent placed him at 8,716 points.
Other European stock markets had a similar behavior in a typical day of August, with lateral movements, small volume and without a clear trend.
Up to three values exactly the same price of the previous day (Telefónica, Red Electrica and day) and only IAG, the second value plummets so far this year and Tecnicas Reunidas, after announcing a major deal in UK, they bucked with increases of 2.2 percent and 1.33 percent.
Santander down 0.2 percent, as Inditex, while Iberdrola recovered a 0.148 percent and BBVA was down 0 , 6 percent.
at the macroeconomic level, Germany, the largest economy in the euro zone, slowed less than expected in the second quarter, the poor performance of Italy and France, slowed growth euro bloc to 0.3 percent from 0.6 percent in the first quarter.
In China, investment grew in July at the slowest pace in more than 16 years so far this year as the second largest economy grapples with the painful restructuring of its oldest industries.
in Spain, the CPI continued to moderate in July with a drop of 0.6 percent year on year.
in the debt market, both the yield of Spanish 10-year bond as risk premium remained stable at 0.931 percent and 110 basis points respectively
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