The Spanish Stock Exchange lost 2.77% at the close, weighed down again by banks – Aguasdigital.com

                 Photo: EFE

Madrid Bolsa. EFE

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             The Spanish Stock Exchange lost 2.77% at the close, weighed down again by banks

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08/02/2016 12 10 (-6 GTM)

                Madrid, Aug. 2 (EFE) .- The Spanish Exchange today fell 2.77%, below the 8,300 points in another day of heavy losses for banks, this time aggravated by doubts about the sector in Europe that left stress tests Friday and publication of results.
the main Spanish indicator, the IBEX 35, fell to lows of nearly a month ago in the post “brexit” hangover, after losing 236.10 points, that 2.77% to 8277.30 points, a fall increases accumulated so far this year to 13.27% loss
the other major squares in Europe also fell today. Milan left the 2.76%; Paris, 1.84%; Frankfurt and London 1.80%, 0.73%.
After the European banking session yesterday lived sell-offs, today this trend was exacerbated by the bad news coming in the sector.
in Germany, Commerzbank, participated by the state and second bank, made public that won in the first half of 372 million euros (415 million dollars at current exchange rates), 42.3% less than in 2015.
they also positioned in its history minimum Deutsche Bank and Credit Suisse, and Unicredit and Monte dei Paschi Italians became temporarily suspended from trading for their slumps in the stock market.
the session started at Spain with the IBEX 35 and in negative territory, although still above 8,400 points.
Asian references not contributing to the optimism in early trading, with Tokyo closing almost 1.5% lower.
at midday, sales accelerated in the financial sector and the selective Spanish 1.79% and 8,400 units left.
Wall Street opened later in the red, while the price oil changed sign and fell again.
the barrel of Brent crude, the European benchmark, ended today at $ 41.84.
in the currency market, the euro appreciated to the 1,227 dollars, as did the pound to $ 1,332; . And the Spanish risk premium fell to 111 basis points
All the great values ​​of the Spanish stock market closed in the red, led by Santander, down 5.32%; and followed by BBVA, which allowed 4.87%; Telefonica, 3.82%; Repsol, 1.98%; Inditex, 1.73% and Iberdrola, 1.53%.
Companies that staged the biggest slumps were ArcelorMittal and CaixaBank, with 5.54% and 5.37%, respectively.