Sat. Aug 17th, 2019

Madrid Stock Exchange rises 0.55% at the opening and exceeds 8,900 points

Madrid Stock Exchange rises 0.55% at the opening and exceeds 8,900 points


The IBEX 35 the session has begun and the week with a rise of 0.55% that has led to 8,905 points. The selective Madrid began the session just above the psychological level of the entire 8,900, with most of the values ​​in green, after registering on Friday a weekly fall of 1.81%, which was the third consecutive in 'Red'.

Investors will be pending this Monday of the meeting of the Eurogroup in which the focus will be on the analysis of the latest economic forecasts of the European Commission, which confirm the European slowdown.

In the early stages of the session, the highest promotions were recorded by Cie Automotive (+ 1.3%), Melia Hotels International (+ 1.3%), ArcelorMittal (+ 1.2%), Sabadell (+1.1). %) and Indra (+ 0.9%), while on the opposite side were Mapfre (-0.9%), Acciona (-0.2%) and Endesa (-0.1%).

Outside the Ibex 35, Dia shares were down 3.9% after presenting their 2018 accounts, with losses of 352.58 million euros, compared to the profit of 101.20 million euros registered a year earlier, announcing the dismissal of 2,100 workers and finding, according to the audit of KPMG, accounting irregularities of the previous management team, which were made by circumventing the internal controls established by the group.

The rest of European stock markets opened with increases of 0.4% in the case of Frankfurt and 0.5% for Paris and London.

On the other hand, the price of a barrel of Brent quality oil, reference for the Old Continent, was at a price of $ 61.72, while Texas was placed at $ 51.99.

Finally, the price of the euro against the dollar stood at 1.1317 'greenbacks', while the Spanish risk premium stood at 114 basis points, with the interest charged on the 10-year bond at 1.2% .

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