The Ibex 35 has started the session to the downside with a slight fall of 0.61% moving away from the height of 9,000 to minimums of mid-2016 and standing at 8,740 points. All this, in a day that has already started agitated by the strong decline of the Asian stock markets, the uncertainty surrounding mortgages in Spain and in which the Spanish and Italian budget projects will be examined within the European Commission, between Another questions.
Banks have returned to be a drag on the Ibex 35, being among the stocks with the worst performance in opening markets. A) Yes, Santander, BBVA, Bankia and Bankinter left more than 1.5% at the start of the session, while Sabadell lost 1.3%. Despite this, CIE Automotive was ahead of the bank, which fell more than 2.4% in the opening.
Only four values remain positive: Ferrovial, which rose 1%, and Dia, which revalued by 3.7% after starring yesterday the largest decline in the selective, with a fall in the value of its shares of 24.5% that led to the supermarket chain to register new historical lows after reviewing its 2017 accounts. In addition, REd Eléctrica is green with a rise of 0.27% and Iberdrola was up 0.24%.
The main European squares also awoke with notable setbacks. Frankfurt was down 1.4%, Milan and London were down 0.8%, and Paris was down 0.1%.
In the debt market, the Spanish risk premium has gone up to 126.5 basis points with interest on the Spanish 10-year bond at 1.7%, while the Italian risk premium has risen to 304.5 basis points. While in the currency market the euro lost ground against the dollar, and was exchanged at $ 1.1466.