Friday, November 25, 2016

The Ibex-35 is supported in the electrical and Inditex to close with a slight increase – Investing.com Spain

MADRID (Reuters) – The Ibex-35 index closed Friday with a slight rebound by relying on the good behavior of the energy companies to the expectations of a higher consumption by the fall in the temperatures and in Inditex (MC:), which capitalized on the increase in expected sales for the “Black Friday”.

These values were able to compensate for the weight of the banking sector on a day with few movements after Wall Street closed for public holiday eve and that today operate only half-day sessions.

On such titles as Bankia (MC:) (-1,75%), Sabadell (MC:) (-1,5 per cent) or Popular (-0,948 percent) weighed doubts about the sector in Italy. The Italian bank Monte dei Paschi di Siena (MI:) approved on Thursday a capital increase vital after being appointed as the bank’s weaker in Europe, although on Friday there were lingering doubts about their capitalization.

Also suffered related values , which fell with more force than a 3 percent and dragged down the titles of Repsol (MC:), which fell almost 1 percent.

on the contrary, the drop in temperatures and the prospects for higher electricity consumption boosted the energy values, which led the hikes. Iberdrola (MC:) won 2 percent), Enagás (MC:) up 1.8 percent and the mains (MC: a) a 1.7 per cent.

he closed with a rise of 0.2 percent to 8.674 points which led to a resurgence weekly 0.5 percent, breaking a streak of three consecutive weeks of declines after the victory of Trump in the us elections.

The risk premium continued in the environment of the 134 basis points

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