The selection closes flat on a day marked by declines in other European stock markets and Wall Street
The Spanish stock market rescued Monday’s session with a near-flat close and above 8,200 points, compared to the most notable losses in other European markets following Wall Street’s downward turn after Friday’s strong recovery.
The selective will start on Tuesday from 8,242 points, after a transition session pending the OPEC meeting next Thursday and the statements emerging from the annual forum organized by the European Central Bank (ECB) until Wednesday in Sintra, Portugal.
The National Prosecutor’s Office thus managed to salvage tensions emanating again from Russia, where the government has stopped fulfilling its financial obligations abroad for the first time in more than a century after the 30-day grace period expired on Sunday. passed to pay the Kremlin approximately $100 million (95 million euros) in interest on its bonds, the payment of which was contractually scheduled for May 27.
In this scenario, the largest increases in the Ibex 35 are presented by Grifols (+3.37%), PharmaMar (+2.97%), Arcelormittal (+2.64%), Indra (+2.55%), Rovi (+2.52%), Fluidra (+1.69%) and BBVA (+1.63%).
On the contrary, on the negative territory, Meliá (-3.08%), Sabadell (-2.63%), Bankinter (-1.52%), Ferrovial (-1.47%), ACS (-1.39% ), Iberdrola (-1.32%), Merlin (-1.18%) and Acciona (-0.9%).
Another big protagonist of the day was Ezentis, who has returned to the trading floor with a collapse of more than 24% following the rejection of the State Society of Industrial Participations (SEPI) to bail out the company. Specifically, the titles have fallen to 0.085 euros, a historical minimum that leaves the value of the company at less than 40 million euros.
Meanwhile, on the commodities market, the price of a barrel of Brent oil, a benchmark in Europe, rose another 1.5% to $114.71, while the US West Texas exceeded $107.
Source: La Verdad
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
