Categories: Economy

The Spanish stock market opens with losses of 0.58% after the purchase of Credit Suisse

Author: EDGAR SU | Reuters

The day started with widespread declines in Europe

The Spanish Stock Exchange The week started downhill with losses of 0.58%on a day of widespread declines in Europe, in which the market will analyze the purchase of Credit Suisse by UBS and the coordinated action of the main central banks to ensure the liquidity of the system.

At the beginning of the day, solemn in some communities in Spain, the Ibex 35, the main national indicator, leaves that 0.58%, up to 8665.50 points, according to Efe. Annual earnings fell to 5.3%.

Also, the day started with Brentbenchmark crude in Europe, which fell sharply, 2.69%, to $71.02, while futures on Wall Street’s main indicators forecast losses of more than 1% this Monday, now awaiting the meeting of the Federal Reserve (Fed) this Wednesday.

Major Asian stock markets recorded losses on Monday. Thus, the main index of the Hong Kong market, Hang Seng, fell 654.09 points, or 3.35%; and the Nikkei, on the Tokyo Stock Exchange, fell 1.42%, with declines in Japan’s three major banks.

Source: La Vozde Galicia

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