Wednesday, August 24, 2016

The Spanish stock market gains 087 percent animated by banks – W Radio

Madrid, 24 ago (EFE) .- The Spanish stock market today appreciated 0.87 percent by widespread gains in the banking sector, on a day with more trading volume than usual in August and which most of the great values ​​closed higher

in its third consecutive session in positive, the main Spanish indicator, the IBEX 35, fell 8655.50 points, which places the weekly balance in a . profits of 2.42%, which reduce the accumulated in the year to 9.31% loss

in the other major European markets, Milan a rise of 0.68% was recorded; Paris and Frankfurt 0.32 0.28; while London fell 0.48%.

The barrel of Brent crude, the European benchmark, which was recovered yesterday near $ 50, cheapened until 48.75 today, after a unexpected inventories of US crude rise.

in the currency market, the euro depreciated to $ 1,125, while the pound continued its rally, to $ 1,323.

in Asia, Tokyo’s Nikkei index closed higher (0.61%), but the Hong Kong Stock Exchange fell 0.77%, its biggest drop in the last three weeks.

at the beginning of the session in Spain, lower oil ballasted to dependent values ​​of commodities, and stocks recorded losses were around 0.5%.

However, the banking sector Spanish bounced along in the morning, and at noon the IBEX 35 had already changed sign, with an advance of 0.59%.

later, Wall Street opened lower, with losses of 0.10% in the main indicators, the Dow Jones Industrial Average, with investors remaining oil developments.

in addition, investors await the government intervention that will provide the president Friday . the Federal Reserve, and could clarify the monetary policy that follow the body

Among the great values ​​of the IBEX, BBVA rose 3.35%; Santander 2.44; Telefonica and Inditex 0.59 0.36.

Meanwhile, Repsol and Iberdrola closed up yielded 0.32%.

After BBVA, IAG was the more value bullish (3.17%) while, on the side of the losses, ArcelorMittal 2.08% was left.

the session highlighted the high trading volume, higher than the average of August and set at 2,000 million euros. EFE

JCAM / mbr / are / jgb

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