1-O shakes markets: Stock market punishment to Catalan banks and risk premium rebound
The IBEX fits its worst session from ' Brexit ' by tension in Catalonia
Sabadell was shot more than 3% in stock market after being known that its board of directors will meet this afternoon to analyze change of its registered office to tensions of Catalonia, as advanced Europa Press with sources of market.
The market welcomed news about Catalan entity with an impulse of 3.08% around 12.00 hours, increasing price of entity up to 1.64 euros per share. The value, which headlined rises of Ibex at noon, has thus turned around after experiencing a fall of 3.3% in first bars of session.
Thus, Madrid selective clung to psychological dimension was maintained below 10,000 points, after suffering yesterday its worst session since Brexit with a fall of 2.85%.
In first bars of session this Thursday, Banco Sabadell led falls, with a descent of 3.3%, followed by Caixabank (-1.6%), Repsol (-1.8%), Abertis (-1.1%), Bankinter (-1%), BBVA (-0.6%), Santander (-0.5%), Bankia (-0.2%) and Telefónica (-0.2%).
On opposite side were Ferrovial ( 0.5%), Endesa ( 0.5%), Iberdrola ( 0.3%), Dia ( 0.3%) and Red Eléctrica Corporation ( 0.3%).
The main indicator of Spanish stock exchange opted for proceeds immediately after opening and bounced 0.45%, which again conquered 10,000 points, a level that lost yesterday by tensions with Catalonia.
After first minutes of quotation, index is placed in 10,010.8 points after adding 44.6 units (that 0.45%), so that accumulated earnings since beginning of year are extended to 7.05%.
The intention of Catalan government to unilaterally declare independence yesterday caused IBEX 35 to live its most bearish session since Brexit since it fell 2.85%.
In continuous market, Oryzon returns to lead profits and raises 5.94% after decision to move its seat from Barcelona to Madrid, while losses leads Aperam, which leaves 8.6%.
As for Europe, European Central Bank (ECB) today publishes minutes of its last monetary policy meeting, in which it will make it possible to begin to withdraw its monetary stimulus next year and pace it will make.
The main European exchanges are quoted at this time in negative and Milan regresses 0.28%; Frankfurt, 0.19%; Paris, 0.09% and London, 0.02%.
On or hand, in currency market, euro yields against dollar and in opening is changed to $1.1755, while in raw materials, crude Brent, reference in Europe, is revalue d up to 55.84 dollars per barrel.You may be interested