The Spanish stock market rises 1.49% and recovers 7,000 poin
Posted On: Jan 16, 2024 22:42:49 GMT -6
Post by account_disabled on Jan 16, 2024 22:42:49 GMT -6
The Spanish stock market rose 1.49% this Monday and has recovered the level of 7,000 points, driven by the advance of banking and most international markets, according to market data. The reference indicator of the Spanish stock market, the IBEX 35, has gained 103.4 points, that is 1.49%, up to 7,053.9 points. Since the beginning of this year, it has still accumulated losses of 26.13%. In Europe, with the euro at 1.176 dollars, Milan has gained 0.69%; Paris 0.41%; London 0.
31% and Frankfurt 0.1%. The Spanish stock market began the day with gains of 1% that allowed it to recover the level of 7,000 points, encouraged by the banks in the face of rumors of mergers in the sector and Friday's rise in Wall Street. Furthermore, although the disputes between China and the United States continued (the Asian country sanctioned several American officials and the American country imposed sanctions on Hong Kong), the aid approved this weekend by President Trump for the unemployed encouraged the markets. The growth of two tenths of the Whatsapp Number List Chinese CPI in July, up to 2.7%, was considered a sign of the recovery of that economy. However, despite the improvement in investor confidence in the euro zone in August, and the rise in the price of oil (the barrel of Brent approached $45) and futures on US indices, the national stock market It reduced its rise and moved away from 7,000 points. However, it would quickly recover that level, which it would remain at for the rest of the day. The rise of Wall Street (the Dow Jones Industrial Average advanced 0
.85%, although the S&P 500 fell 0.17% and the Nasdaq 0.8%), the acceleration of the recovery of some banks end of the session and the 1.5% rise in Brent, up to $45.05, allowed the Spanish stock market to end at the maximum price of the day. The banking sector index has risen 3.34% and its values have highlighted the 15.17% rise of Liberbank, the largest in the continuous market, with Unicaja in second place and an increase of 9.65%, in so much so that Banco Sabadell took third place by advancing 9.41% (first due to IBEX gains). In this index, Bankia has occupied third place, with a revaluation of 6.56%, while Caixabank was in fifth place with an increase of 4.53%, while Banco Santander has gained 3.22% and Bankinter and BBVA 2.1% each. The rest of the large values concluded the day with gains: Telefónica 2.22%; Repsol 1.89%; Inditex 0.67% and Iberdrola 0.28%.
31% and Frankfurt 0.1%. The Spanish stock market began the day with gains of 1% that allowed it to recover the level of 7,000 points, encouraged by the banks in the face of rumors of mergers in the sector and Friday's rise in Wall Street. Furthermore, although the disputes between China and the United States continued (the Asian country sanctioned several American officials and the American country imposed sanctions on Hong Kong), the aid approved this weekend by President Trump for the unemployed encouraged the markets. The growth of two tenths of the Whatsapp Number List Chinese CPI in July, up to 2.7%, was considered a sign of the recovery of that economy. However, despite the improvement in investor confidence in the euro zone in August, and the rise in the price of oil (the barrel of Brent approached $45) and futures on US indices, the national stock market It reduced its rise and moved away from 7,000 points. However, it would quickly recover that level, which it would remain at for the rest of the day. The rise of Wall Street (the Dow Jones Industrial Average advanced 0
.85%, although the S&P 500 fell 0.17% and the Nasdaq 0.8%), the acceleration of the recovery of some banks end of the session and the 1.5% rise in Brent, up to $45.05, allowed the Spanish stock market to end at the maximum price of the day. The banking sector index has risen 3.34% and its values have highlighted the 15.17% rise of Liberbank, the largest in the continuous market, with Unicaja in second place and an increase of 9.65%, in so much so that Banco Sabadell took third place by advancing 9.41% (first due to IBEX gains). In this index, Bankia has occupied third place, with a revaluation of 6.56%, while Caixabank was in fifth place with an increase of 4.53%, while Banco Santander has gained 3.22% and Bankinter and BBVA 2.1% each. The rest of the large values concluded the day with gains: Telefónica 2.22%; Repsol 1.89%; Inditex 0.67% and Iberdrola 0.28%.