Tue. Jul 16th, 2019

The Ibex rebounds in its opening looking at the Brexit - The Province

The Ibex rebounds in its opening looking at the Brexit - The Province

The Ibex 35 index of the Madrid Stock Exchange has started the session on Tuesday with arebound of 0.41% to quote at 9,209.9 pointsin a day in which the Public Treasury expects to capture up to 2,000 million euros with a new issuance of letters at 3 and 9 months, whilethe British Parliament will vote on the 'Brexit' agreementof the Prime Minister, Theresa May, which includes the "legally binding" safeguards agreed at the last minute of yesterday with the EU.

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In the first moments of negotiation in the Plaza de la Lealtad, none of the Madrid-based selective components traded in negative and among the biggest increases in the opening were the advances of 1,653% of ArcelorMittal and 1,598% of IAG.

Among the representatives of the banking sector in the Ibex 35,the Santander and BBVA shares registered increases of 0.616% and 0.557%, respectively, while those of Bankinter earned 0.222% and those of Bankia 0.2064%.

For its part, Caixabank shares began the session on Tuesday with a rise of 0.511% and Banco Sabadell shares were up 0.754%.

The rest of the main markets of the Old Continent also registered increases at the beginning of the session. The Frankfurt Dax was up 0.6%, while the Parisian Cac 40 was up 0.5%.

In the case of the Londoner Ftse 100, this remained flat at the start of the day in the face of uncertainty about the new vote of 'Brexit', to be held with closed European markets.

In the secondary debt market,the Spanish risk premium relaxed slightly below 110 basis points, with a return of 1.061%.


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