The IBEX 35, the main indicator of the Spanish stock market, rose 0.62% after the opening and again exceeded 8,400 points, recovering some of the ground lost yesterday due to the fear of the market to a halt in the world economy.
Thus, at 9.15 am, the selective was scored 52 points or that 0.62% and reached the 8,414 integers, so that the losses accumulated in the year that almost ended was 16.22%.
The stock market will end, predictably, with a fall of more than 1.5%, dragged by the generalized declines in the main world markets and investors' doubts about the direction the global economy will take in 2019.
Those doubts were precisely the ones that caused the IBEX to lose 1.38% yesterday and to be at its lowest level since August 2016, 8,363.90 points, without being influenced by the new day of vertigo experienced on Wall Street , which managed to close positive after many oscillations and after the record rise of the previous day.
The euro rose today in the currency market of Frankfurt (Germany) and changed to $ 1,1459, compared to the previous $ 1,1403, while the barrel of Brent oil for February delivery began the session upward in the futures market in London and traded at 53.20 dollars, 1.9% more than yesterday.
As for the other large European equity markets, London advanced almost 1%; Paris, 0.78%; Milan was up 0.66% and Frankfurt, 0.57%.
The most capitalized values of the IBEX, which determine the market trend every day, awoke positive except for Telefonica, which left 0.08%.
Iberdrola recovered 0.76%; Repsol, 0.66%; Santander, 0.43%; Inditex, 0.27% and BBVA, 0.24%.
The companies that performed best on the indicator at the beginning of the session were Acciona and Viscofan, with rises of 1.51% and 1.49%, while the values that fell the most were Colonial and Merlin, 1.49% and 0.66%.
In the open market, with the shares of DIA suspended from a few minutes before the session began, the values that rose the most were Edreams and Oryzon, 7.64% and 6.99%, while those that increased were most fell were Coemac and Iberpapel, 7.71% and 7.10%