The main indicator of the Spanish Stock Exchange, the Ibex 35, has fallen 1.38% today and has fallen to lows of August 2016 when it was placed in 8,363.90 points, dragged by the generalized falls in the world markets before the fear of the investors to a braking of the global economy.
With the rest of the world markets down, the selective Spanish has left 116.70 units, bringing extends annual losses to 16.73%, while the risk premium was 116 basis points.
Big stocks have ended with declines: Iberdrola has lost 3.07%; Repsol, 1.65%; Telefónica, 1.02%; Santander, 0.76%; BBVA, 0.29% and Inditex, 0.27%.
Generalized falls also in the rest of the banks, since Bankinter has yielded 1.92%; Sabadell, 1.17%; CaixaBank, 0.94% and Bankia, 0.60%.
The only gains of the selective have corresponded to IAG and Amadeus, with increases of 1.73% and 0.94%, respectively, while Merlin Properties and Naturgy have left 5.31% and 5.17%.
In the continuous market, the 22.22% rise in the supermarket chain Día was highlighted, as well as the 10.73% cut in Pescanova.
The Spanish stock market, which opened with a rise of 0.78% and 8,500 points after closing yesterday for a holiday, was turning negative minutes before noon and ignored the strong gains of Wall Street on the eve, when the Dow Jones rebounded 4.98%.
The consulted analysts consider that the falls of the session respond to the doubts of the investors on the global economy. Although they rule out a recession in the coming months, they do believe that the trade tensions between Washington and Beijing will affect the growth of the global economy next year.
In addition, they point out that the markets have not picked up the agreement between Brussels and the Government of Italy on account of their budget, and that fronts such as the Brexit or the aforementioned trade war remain open.
In this context, the New York places opened the day in negative, after rising yesterday more than 1,000 points.
In a day without major macroeconomic references, investors have known that applications for unemployment benefits in the United States fell last week by 1,000, to stand at 216,000, which remains at minimum for almost 50 years.
In Asia, the main markets closed with mixed results in the early morning, as the Tokyo Stock Exchange rose 3.88%, while Hong Kong and China's CSI 300 -which includes the main companies of Shanghai and Shenzhen- lowered a 0.67% and 0.38%, respectively.
In Europe, the Frankfurt Stock Exchange has subtracted 2.37%; Milan, 1.81%; London, 1.50% and Paris, 0.60%, while the euro appreciated up to 1.14 dollars.
In the raw material market, the price of a barrel of Brent crude, a benchmark in Europe, has been reduced to 53.24 dollars (54.47 yesterday).