The Ibex 35 opens with losses of 0.6% after the purchase of Credit Suisse

The Ibex 35 opens with losses of 0.6% after the purchase of Credit Suisse

The Ibex 35 opens with losses of 0.6% after the purchase of Credit Suisse

European banks fall sharply awaiting the intervention today of the president of the European Central Bank (ECB), Christine Lagarde.

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He IBEX 35 has started the session this Monday with a drop of 0.6%up to 8,666.27, one day after announcing the purchase of Credit Suisse by its rival UBS in exchange for 3,000 million Swiss francs (about 3,037 million euros).

In the early stages of the session, it was the Bank entities who led the falls. Thus, Banco Sabadell (-4.43%), Unicaja Banco (-3.54%), CaixaBank (-2.96%), Santander (-2.85%) and Bankinter (2.4%) were the values that more fell at first hour. BBVA fell 2.17%, in eighth place behind ArcelorMittal (-2.56%) and Repsol (-2.35%).

In contrast, only seven values ​​woke up with increases in a list made up of Red Eléctrica (+0.88%), Indra (+0.67%), Iberdrola (+0.34%), Enagás (+0.26% ), Acciona (+0.25%), Endesa (+0.16%) and Naturgy (+0.11%).

The rest of european bags They also started the day downward, with falls of 0.89% in Paris, 0.97% in Frankfurt, 1.09% in London and 1.64% in Milan.

Europe maintains the negative trend

European banks fall hard pending the intervention today of the president of the European Central Bank (ECB), christine lagardewho is participating in a dialogue on monetary policy with the European Parliament’s Economic Affairs Committee, in which he could refer to the banking crisis that has shaken the financial system in the last week.

Likewise, the euro goes downat $1,063, while the Brent collapses 3.19%, to $70.63 a barrel.

Source: Eitb

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