Wednesday, November 2, 2016

The banks are once again topple the Ibex under the weight of uncertainty in the US – Investing.com Spain

MADRID (Reuters) – The main index Spanish stock exchange joined the trend of other european markets and lost something more than one per cent affected by the fears associated with the uncertainty about the outcome of the u.s. elections next week.

While the republican candidate, Donald Trump, has returned to shake the ghost of the economic crisis if his rival, Hillary Clinton, arrives to the White house, the representative of the democrats has asked the FBI that revealing what he knows of the relationship between Trump and Russia.

In this context, the opinion polls point to a few most accurate results of what was expected and one of them even gives a slight advantage to the republican against the democrat Hillary Clinton, considered in general terms as the preferred option by the financial markets.

on The sidelines of the international context, the results season continued to set the pace in a variable income that continues to hold by the financial sector.

Gas Natural (MC:), that in the first hour announced results for 9 months without any major surprises, and confirmed its objectives for this year, falling one percent, in line with the market as a whole.

The banks, which have already announced their quarterly accounts, returned to lead the declines with falls of between 1.5 and 2.5 per cent, which pushed to a selective without the support of other values of high importance.

The value of increased capitalization, Inditex (MK:), was priced at something better than the whole, but regressed by 0.3 per cent, in line with the other blue chip excellence, Telefonica (MC:).

Among the few exceptions bullish of the Ibex stood out the manufacturer of casings from meat Viscofan (MC:), which continued the slight upturn of eve and wrote down one per cent after being left a 10 percent in two days after disappoint in their quarterly results.

With the market’s attention focused on the meeting of the Federal Reserve, whose result will be known after the close of markets in Europe, the new fall of the prices of the lastraba also the market, with a decline of 1.5 percent in Repsol (MC:).

The listed 12.15 local time, with a low of 98 points, 1.09 percent, to 8.942 points, while the pan-european gave way to a 0.43 per cent.

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