The Ibex-35 closed rubbing 9.500 points with the help of the banking – Investing.com Spain

MADRID (Reuters) – The Ibex-35 closed on Tuesday, the second session of the year rubbing 9.500 points, lurking levels by the end of 2015, thanks to the development of the banking and securities linked to raw materials.

Following the trend of the sector in Europe, the index advanced nearly 3 percent, the Spanish banking sector, helped . The increases ranged from 4.3 percent, which jumped Bankia (MK:) and 1.9 per cent of Bankinter (MK:), while the two principal financial securities, Santander (MC:) and BBVA (MC:) made up 2.4 and 1.9 percent, respectively.

Few data manufacturers of China better than expected and a fact of inflation of Germany’s more robust than anticipated, which is expected to be reflected on Wednesday in an increase of the prices in the euro area, marked the session on the macroeconomic level.

In this context, the Ibex-35 closed with a rise of from 0.81 percent to 9.494,7 points. The index of pan-european amounted to an 0.48 percent.

On the selective Spanish stock Viscofan (MC:) led the table with an advance of 4.9 percent, after Exane BNP Paribas (PA:) to change its recommendation about the value and what to include in your listing of small and medium-sized strategic companies.

The construction company Ferrovial (MC:) advanced 2.8 percent, while the insurer Mapfre (MK:) it recovered a 2 percent.

Repsol (MC:) has advanced 0.7 per cent after the increase of the prices of the Monday, amid expectations that a deal to reduce the production be effective to stop the overproduction of the world. The barrel gave way Tuesday with a 0.3 percent after touching its highest level since July 2015.

Inditex (MK:) it limited the progress of the Ibex with a cut of 1 percent, while Iberdrola (MK:) and other energy values as Enagás (MC:), The mains (MC) or Natural Gas (MC:) is left between 1.6% (Enagas) and 0.3 percent (Natural Gas).

In the debt market, the profitability of the bonds the higher the rating of the euro zone rose after confirming a higher inflation in Germany. The Spanish risk premium rose slightly by one point to 116 basis points.

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