What is expected of the Stock exchange at the close of 2016? – The Economist

The ibex is a 2% of the positive sign in 2016, but the apathy of the market hinders the achievement of the objective.

experts don’t expect almost nothing more of the Bag in 2016. Four sessions of the close of a exercise very complicated for equities, the Ftse stood at only 2% entering positive territory on the year, while the rest of the main european indicators, except the Ftse Mib in Milan, which leaves 9.68%, traded with gains between 13.23% of the Ftse 100 in London and 0.2% of EuroStoxx 50; and 15 values of the Ibex ended in green numbers and two more, CaixaBank, Abertis, have to throw a stone, less than 2.4 percent.

The distance it has to travel the Ftse to erase losses per year and offer a picture of improved of 2016 is pretty short. However, the laid back, apathetic attitude of the investors during the last few sessions does not put an easy goal. The managers seem to have advance notice of the christmas vacation, which is reflected in the drastic reduction of business volumes and the shortage of orders from investors late, say operators.

"It’s normal at this stage of the year, and more with the climb that leads to the Bag in this month of December. Logically, the market is quiet," says Nicolás Lopez, director of analysis at M&G Values.

Would be the best December since 1996

The Ftse has climbed 7.82% so far this month, is shaping up as the best December since 1996, when it was won by 10.43 percent. If we consider the last four sessions of the year, the selective has managed to climb in nine of the 16 years of the TWENTY-first century, but his greatest revaluation in the balance sheet partial amounts to 1.62% (see graph). In the seven occasions of retreat of the Ibex in the final stretch of the year since 2000 the losses have been higher, up 2.45 percent.

Though the next week is to be written and "in the Bag you never know what can happen," remembers Rodrigo Garcia, an analyst at XTB, the experts give the year closed. "The Bag takes a few days almost in the ostracism. It is very difficult to appear catalysts during the next week, which may vary the result. The look will be put into the bank bailout of Italy, which could become a negative factor," says Garcia.

it Will be a 2017 positive

analysts and managers are already thinking of 2017, and their forecasts are, in general, positive. "The market is able to resume the upward trend in the long term after the corrective phase, 2015 and 2016.