July 25, 2021

The Ibex collapses 1.82% ballasted by Wall Street – The Province

The Ibex collapses 1.82% ballasted by Wall Street - The Province


HeIBEX 35has started the session this Thursday witha fall of 1.82%, which has led the selective to be in the entire 8,995.7 at 9.01 am, in a context marked by fears of an economic slowdown, which has led to the collapse of Wall Street and Asian markets and the contagion to Europe.

Specifically, the Wall Street Dow Jones closed the session with a fall of 3.15%, while theNikkei index of Tokyo3.89% has been left and the Shanghai Stock Exchange of China loses more than 5%.

In this way, the selective Madrid began the session below the psychological level of the entire 9,000, with all values ​​in red, in a day in which pessimism is installed again in the markets against the forecasts ofIMF economic slowdown, the threat of a commercial war between the United States and China and the uncertainty and the pressures coming from Italy after its budgetary pulse to Brussels.

In the early stages of the session, the biggest declines in the selective Madrid, which sank yesterday to December 2016 minimums, were for Aena (-6.9%), Cie Automotive (-2.9%), Amadeus (- 2.7%), Acciona (-2.3%), Repsol (-2.3%), ACS (-2.1%), Santander (-1.9%) and BBVA (-1.7%) .

The rest of European stock exchanges opened in line with the Madrid-based selective, withdecreases of 1.3%forFrankfurt, 1.6% for Paris, 1.3% for London and 1.4% for Milan.

Likewise, the Spanish risk premium stood at 109 basis points, with the interest charged on the 10-year bond at 1.6%.

On the other hand, the price of a barrel of Brent quality oil, reference for theOld continent,it stopped its climb and was at a price of 82.12 dollars, while Texas was placed at 72.31 dollars.

Finally, the price of the euro against the dollar stood at 1.1539 'greenbacks'.

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