Ibex 35 drops 1.55% to 7800 points

Ibex 35 is holding this Monday’s session as a 1.55% dropcausing the selector to be in 7.809.48 integer At 09:01 in a week when investors will wait for the general assembly meeting. European Central Bank (ECB) this Thursday.

In addition to this designation, there will be other highlights such as services PMIs, third-quarter GDP in Germany, and trade balance data in the US and China. Likewise, the American market will remain closed on Monday for Labor Day.

As such, after closing 1.62% on Friday, the Madrid selector opened in the red, holding on to 7,800 psychologically after learning that supply from the ‘North Stream 1’ gas pipeline is important. gas coming to the center of Europe, will be interrupted until further noticeAccording to Gazprom, due to a series of technical problems that made reopening impossible.

The Russian gas giant had already temporarily paralyzed supply due to maintenance, and last Friday it announced that new problems had been detected in the only turbine still in operation.

In the early stages of Monday’s session, biggest declines BBVA (-3.18%), Santander (-3.01%), ArcelorMittal (-2.88%), Bankinter (-2.61%), Inditex (-2.51%), IAG (-2%) .47), Indra (-2.3%) and Ferrovial (-2.15%).

The rest of the European stock markets opened 2.76% for Frankfurt, 1.93% for Paris and 0.71% for London.

Moreover Barrel price of Brent quality oilThe benchmark for the Old Continent was trading at $95, up 2.57%, while Texas was at $88 after gaining 2.19%.

Finally, the euro was ‘$0.9900’ against the dollar, with a risk premium of 117 basis points and a yield of 2.734 percent on the Spanish 10-year bond.

Source: Informacion

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