Thursday, October 6, 2016

The Ftse extended the rally in the opening by the firmness of the banking – Investing.com Spain

MADRID (Reuters) – The rebound of the financial sector after a few difficult days by fears about Deutsche Bank (:) allowed the selective Spanish stock markets extend gains in early trading Thursday.

CaixaBank (MC:) was the favorite initial with a rise of 2.7 per cent after a bounce the day before a 3 per cent, followed by Popular, with a rise of 1.6 per cent. The heavy weights of the sector, Santander (MC:) and BBVA (MC:), earned a 1.3 and 1.1 percent, respectively.

At 0905 hours, the went up 56 points to 0.64 percent, to 8.834 points while the index of the pan-european FTSEUrofirst amounted to a 0.18 per cent.

Other values leaders of the Ibex as Telefonica (MC:) and Inditex (MK:) listed within a few ranges more narrow, with gains ranging between 0.2 and 0.3 percent.

Melia Hotels amounted to 0.7 per cent. According to analysts, the hotel group presented the eve data promising on his return in 2016.

The worst value of the Ibex was IAG (MC:), after announcing a new decline in the occupancy rate of their airplanes in September.

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