The Ibex-35 climbs up to a half-session on a day of low-volume – Investing.com Spain

MADRID (Reuters) – closed Thursday, with climbs in a day with little volume marked by the holiday of thanksgiving in the united States, prior to the kick off to the holiday season with great prominence of the consumption.

The good behavior of some values of great weighting and Inditex (MK:) and the energy offset falls in the banking sector for domestic, where Popular continued to be the main ballast.

The actions of Popular closed with a decline of 3.3 per cent, despite the fact that the board of directors of the bank gave their support to the president of the institution, Ángel Ron, and the current business plan of the entity to separate the property assets from the bank in a moment in which Ron is under pressure from shareholders who are not happy with the mechanism.

Santander (MC:) was left off 0.6 percent, while BBVA (MC:) fell 0.4 percent.

The Ibex-35 closed with an increase of 0,34 percent to 8.657,2 points, while the pan-european Eurofirst advanced 22 percent.

At the macroeconomic level, Spain confirmed growth of 0.7 per cent of its economy in the third quarter, one tenth less than in the previous and in line with expectations, while the rate of growth of the German economy was reduced to half by a weak foreign trade.

Inditex led the hikes in Madrid, with a rise of 2.6 percent, followed very closely by Gamesa (MK:) and Endesa (MK:), it rebounded 2.2 percent and 2 percent, respectively.

The electric even had the favor of the market following the announcement yesterday that it will increase its dividend in the next three years and foresees an annual improvement of your benefit from the six percent until 2019.

For its part, Ferrovial (MC:) rebounded 1.3 percent after RBC raised its recommendation to “better than market” from “equal market”.

Among other great values, Telefonica (MC:) yielded a 0.1 per cent, while Repsol (MC:) rose 0.1 percent and Iberdrola (MK:) ended flat.

legal Notice: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.