The Spanish Stock Exchange rises animated by the first steps of reopening activity worldwide


MADRID

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The Spanish Stock Exchange rises 2.28% in the early stages of this Monday's session and attempts the assault on 6,800 points, before the first steps of reopening of countries around the world after the quarantine, and encouraged by new stimuli from the Bank of Japan to deal with the pandemic.

Despite a further drop in the price of crude oil, and awaiting the key events of the week, how will they be? meetings of the European Central Bank (ECB) and the US Federal Reserve, or the publication of new business results, the main indicator of the Spanish Stock Market, the Ibex 35, is recorded in the first bars of this Monday 150.50 points, that rise of 2.28%, to 6,764.80 whole. Losses for the month fell to 0.36% and those accumulated in the year to 29.16%.

Likewise, the European Stock Exchanges started with gains for the week, encouraged by the improvement in figures on the pandemic. Milan rises 2.35%; Frankfurt, 2.25%; Paris, 1.80%, and London, 1.56%.

All the Ibex stocks recorded advances in their prices that ranged from increases of 4.78% for IAG and 0.10% for Cellex. Among the bulkiest increases, those of BBVA (+ 4.05%), Caixabank (+ 4.04%), Santander (+ 3.86%), ArcelorMittal (+ 3.81%) and Meliá Hotels (+3) also stood out. ,eleven%).

The less pronounced decreases were accounted for by the shares of REE (+ 0.97%), Grifols (+ 1.04%), Endesa (+ 1.10%), Acciona (+ 1.16%) and Naturgy (+1, 42%).

Among the securities with the largest capitalization, the revaluations of Iberdrola (+ 1.58%), Telefónica (+ 1.99%), Bankia (+ 1.89%), Repsol (+ 2.45%) and Inditex (+) also stood out. 3.01%).

Bank of Japan stimuli

The Bank of Japan (BoJ) Monetary Policy Council has decided to increase the firepower of its quantitative and qualitative relief measures in the face of the "increasingly severe" impact of the coronavirus pandemic on the economyTherefore, it will withdraw the maximum limit of its sovereign debt purchases, in addition to substantially increasing corporate debt purchases, as announced by the institution, which has revised downward its macroeconomic projections.

Thus, at the end of its unusually long monetary policy meeting instead of the usual two, the BoJ has announced that it will buy "all the necessary amount of government bonds from Japan without setting an upper limit on the so that ten-year debt interest rates stay around zero. '

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