Stock prices today, March 16, 2023, before the ECB meeting and after the collapse of Credit Suisse

Date:

The Ibex 35 bounced back 1.80% and the German Dax 1.60%. The Italian stock market rebounds above 2%. Shares of the Swiss bank opened with a spectacular 30% gain following the announcement of a loan from the Swiss National Bank.

Euskaraz irakurri: Europako burtsek goranzko yurarekin abiatu dute saioa, Credit Suisse et Europako Banku Zentralari begira

European stock markets opened this Thursday with strong gains of between 1.5 and 2% after the collapse they recorded the day before, on a day when they focused on Credit Suisse and the meeting of the European Central Bank (ECB). will keep. that you have to decide whether to raise interest rates by 50 basis points.

The main Spanish selection, the IBEX 35, which fell 4.37% yesterday, the biggest drop since November 2021, started the session up 1.92% to 8926.80 points. Cumulative profit for the year rises to 8.48%.

Meanwhile, the German Dax has risen by 1.60% and the Italian stock market has risen above 2%.

Link Securities investors explain that the announcement by the Swiss National Bank and the request for help from Credit Suisse may serve “to calm the spirits of investors in Europe, promoting the upward opening of the equity markets in this region, although the ECB meeting will keep many investors on their toes.”

On the Zurich stock exchange, the credit suisse securities started the day with one spectacular climb, of 30.82%. The stock had lost a quarter of its value the day before, dragged down by the banking crisis in the United States and general investor mistrust of the financial sector, exacerbated in its case by the dismal results of its accounts over the past two years and a succession of scandals.

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Source: EITB

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