Sat. Feb 23rd, 2019

The Ibex 35 continues with its recovery at half session after the biggest fall of the year

El Ibex 35 continúa con su recuperación a media sesión tras la mayor caída del año

The Ibex
35 recovered 1.17% in the half session this Friday, which has led the selective to be in the entire 8,867.3 at 12.00, after the heavy losses recorded yesterday, with a collapse of 2, 7%, the biggest fall of the year.

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Thus, the main Spanish index put the view on the psychological level of the entire 8,900, in a scenario marked by the upsurge of the commercial war between the United States and China after the arrest of Huawei's financial director, Sabrina Meng Wanzhou, by the Canadian authorities on behalf of the United States.

As the morning progressed all the values ​​of the selective were placed in positive terrain. The most pronounced ascents were experienced Techniques
Gathered (+ 4.11%), Siemens
Gamesa (+ 2.84%), Day (+ 2.52%), Cellnex (+ 2.06%), Bankia (+ 1.95%), Mediaset (+ 1.84%) and Enagás (+ 1.65%).

The rest of the European stock exchanges were also optimistic, with London rising by 1.79%, Frankfurt 0.92% and Paris 1.58%. Likewise, the Spanish risk premium stood at 121 basis points, with the interest required on the 10-year bond at 1.46%, while the price of the euro against the dollar stood at 1,137 'greenbacks'.


The uncertainty in OPEC sinks the price of crude oil

For its part, the barrel of oil Brent, a benchmark for Europe, stood at $ 60.2 this Friday, after yesterday's meeting of the Organization of Petroleum Exporting Countries (OPEC) did not specify a supply cut while waiting for negotiations with producers outside the cartel, as Russia.

Thus, the price of a barrel of reference crude oil for the 'Old Continent' is trading more than 10% below the end of last year and accumulates a fall of more than 30% from the annual highs reached at the beginning of last month. October. For its part, the price of a barrel of quality oil Texas, for the United States, this Friday stood at 51.29 dollars, slightly below the 51.76 dollars at the beginning of the session.

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