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The bag closes with a fall of 1.45% in a day of high tension

Almost all values fall on a day marked by the declaration of Independence in Catalonia and the authorisation to apply Article 155. The risk premium goes up

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The bag closes with a fall of 1.45% in a day of high tension

The Ibex 35 has lived a day of falls and tension. The selective has started with moderate descents, which have accelerated in afternoon, after vote in Parliament of Catalonia. The separatist groups have passed Declaration of independence after opposition left vote. Losses have accelerated to 2%. An hour later, Senate has approved to authorize Government to apply article 155 of Constitution to dismiss Govern. The losses have been moderated and day has ended with a drop of 1.45%, up to 10,197.5 points.

Click on photo to see evolution of bag live

The most punishing value of day is group of airlines IAG, which falls 6.26% after presenting results. It is followed by Banco Sabadell, which has also presented its results in Madrid this Friday. After Declaration of Independence, ir losses have accelerated by about 6%. But he's closed day with 4.85% losses. All low banking: CaixaBank more than 2.7%; BBVA, about 2.6%; Santander, 1.98% and Bankinter and Bankia less than 1.7%. Among main descents re are, in any case, companies from all sectors: Meliá, Mapfre, Dia and Indra also leave more than two points.

Yesterday's day Spanish market already experienced a strong volatility, but always within rises. The strongest lived when it seemed that Catalan government was close to convening an autonomous elections. The mirage of a pacted solution dissipated in afternoon, but Ibex endured with a rise of 1.9%.

This Friday, however, Ibex falls more and more strongly. The risk premium, on or hand, raises, in face of political uncertainty. This indicator measures distance between Spanish and German debt (considered safest) to ten years. It adds about 8 points, to entire 120.

The Catalan Independence challenge

News, reports, opinion, analysis, photographs, live coverage ... all information about vote in favour of independence in Parlament and approval of article 155 in Senate to curb secessionism.

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