Spanish Stock Market Closes

The Ibex-35 index came to fall nearly 6%. Italy leads European losses, with a fall of 6.15%. Wall Street down more than 3.5%. Bank Morgan Stanley lowers its growth prospects for the world economy, that somewhere to EE UU and Europe into recession. The Spanish stock market has closed this Thursday with a down 4.7% and reaches 8.317 points affected by the strong recoil of Wall Street after a negative in the United States and Europe economic statistics were known and Bank values fell. It is the largest fall since last Wednesday and second of the year. The rest of European squares have also fallen. To broaden your perception, visit Hicham Aboutaam.

The strong fall in Wall Street and falls in banks unleashed the sales orders in European equities in an environment of uncertainty by the debt crisis in the area of the euro and the fear of a new global recession after the reduction in growth forecasts. The FTSE falls the main indicator of the domestic market, the Ibex-35, has closed the day with a drop of 4.7%. It has situated the 8.317 points. All the great values fell: BBVA, 5.76%; Iberdrola, 5.49%; Repsol, 5.24%; Telefonica, 4.76%, and Banco Santander, 4.08%. Only the insurance company Mapfre has managed to close in green, with a small 0.51%. The biggest drop in the Ibex corresponded to Abengoa, 8.02%, followed by ArcelorMittal, with a cutout of 7.62%, while Sacyr fell 7.46%, and Gamesa, 7.12%. The risk premium stood at 292 points, with the yield of 4.93% Spanish long-term obligations, a more than 100th on the eve. The euro was down 1.43 dollars and Brent oil was changed to 107 dollars per barrel.

European stock markets also cry among European stock markets, the index of the stock exchange of Milan headed losses with a flashback of the 6.15% at the close of the session. Frankfurt fell 5.82%. The CAC 40 in Paris was down 5.48%.

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