The IBEX advances 0.31% and keeps the 8,500 points

The IBEX advances 0.31% and keeps the 8,500 points

The main indicator of the Spanish Stock Exchange, the IBEX 35, registered an advance of 0.31% in the early stages of the last session of the year, insignificant to compensate for the losses of more than 15% that it has accumulated since the beginning of the year.

At 09.17, hours, the Spanish selective amounted to 26.40 points and stood at 8,520 units, while the general index of the Madrid Stock Exchange advanced 0.23%.

The Asian stock markets today closed with gains the last day of the year, for the optimism awakened after the US President, Donald Trump, reported this weekend of "great progress" in trade negotiations with his Chinese counterpart, Xi Jinping

The progress in negotiations between the two countries will not prevent today, in a shorter day than usual as the park closes at 2:00 pm, concludes the worst year of the Spanish stock market since 2010, with losses of more than 15% .

However, the detente between the two leaders did show something in the European stock markets, with advances of 0.53% in Paris.

Without references of any kind, the only focus of interest that investors will have today will be the follow-up of the partial closure of the US administration, which is in its tenth day.

The IBEX highlighted the losses of some of the heavyweights in the market, such as Santander (0.42%), BBVA (0.19%), and Telefónica and Mapfre (0.13%), while Repsol was up 0 , 11% and Inditex, 0.45%.

Acciona pointed to the biggest rise of the IBEX, of 1.88%, followed by Ence (1.51%), and Merlin (1.41%).

The barrel of Brent oil for delivery in March opened today with an upward trend in the London futures market and traded at 54.05 dollars, 1.57% more than at the close of the previous day, while the euro fell today in the European negotiation of the currency market of Frankfurt to 1,1427 dollars.


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