The Ibex 35 yields almost 4% dragged by the bank and the fear of bankruptcy of Credit Suisse

The Ibex 35 yields almost 4% dragged by the bank and the fear of bankruptcy of Credit Suisse

The Ibex 35 yields almost 4% dragged by the bank and the fear of bankruptcy of Credit Suisse

The Swiss bank has collapsed on the stock market after announcing its main shareholder that it will not give it more financial assistance. Banco Sabadell (-8.74%), BBVA (-7.68%), Bankinter (-6.92%), Banco Santander (-6.69%) and Caixabank (-5.83%) led the decreases in the Spanish stock market.

  • listen to the page
    listen to the page
  • Euskaraz irakurri

Euskaraz irakurri: % 3tik gorako galerak Ibex 35ean, banketxeek eta Inditexek eraginda

He IBEX 35 The session began this Wednesday with falls that were close to 4%, in a new day marked by the poor results of the banks, fearing a bankruptcy of the Swiss bank Credit Suisse, which is added to the collapse of the American Silicon Valley Bank .

After closing yesterday with a rise of 2.2%, up to 9159 integers, the selective dawned at 9103 integers, despite the fact that Wall Street closed yesterday in ‘green’, with a rise of 1.05% in its main indicator , the Dow Jones. However, at noon it was below the threshold of 8,900 points.

The fear is due to the strong fall that is taking place today Credit Suisseof more than 20% on the Zurich Stock Exchange, after the Saudi National Bank, its main shareholder, advanced that it will not give the Swiss entity more financial assistance to face its complicated situation.

Although the session began with a significant drop in Inditex (-5.45%), despite having announced record profits in 2022, by mid-morning the biggest falls were registered in the banking sector: Sabadell Bank (-8.74%), BBVA (-7.68%), bankinter (-6.92%), Banco Santander (-6.69%) and caixabank (-5.83%)

The rest of the European stock markets have also notably increased their falls compared to the opening: Milan, Paris, London and Frankfurt have lost around 3%.

The euro has fallen by 1.15% and is exchanged at $1.06.

Source: Eitb

You may also like

Immediate Access Pro