The Ibex 35 has registered a new fall of 3.44 % this Wednesday, up to 6,274.8 points, in a scenario that continues to be marked by volatility in the face of the coronavirus pandemic. It has also been affected by the downward opening of Wall Street.
The fall of 7% of Wall Street at the end of the Spanish session, together with the higher drop to 11% of oil and sales of European debt (the yield on the Spanish bond rose to 1.22%, as of February 2019) brought another day of losses, that did not stop even the announcement of the trials in China of a coronavirus vaccine.
In session, investors have continued to sell European debt and the barrel of Brent oil has plummeted to September 2003 levels by fear of the economic consequences of the coronavirus epidemic.
The main Spanish index has turned red again after the economic measures announced on Tuesday by the Government and the ban on positions you cut for a month per part of the National Securities Market Commission (CNMV) gave him a truce and boosted 6.4% on Tuesday.
In the positive field the increases of have stood out Aena (+ 7.82%), Grifols (+ 7.7%), Bankia (+ 6.63%), Enagás (+ 5.37%), Naturgy (+ 3.84%), Acciona (+3, 78%) and Viscofan (+2.97%).
On the contrary, the greatest collapses have been suffered by ACS (-14.68%), Meliá (-14.68 %), CIE Automotive (-12.86%), Ferrovial (-11.13%), Sabadell (-10.41%), Arcelormittal (-10.24%), IAG (-10.09%) and Repsol (-9.25%).
The health crisis caused by the coronavirus also continues to hit the Stock markets of the Old Continent which have recorded declines of 3.74% in London, 5.6% in Paris, 4.97% in Frankfurt and 0.83% in Milan.
In the foreign exchange market, the euro lost positions against the dollar and was exchanged at 1.0846 'green bills', while in the debt market the Spanish risk premium s e shot up to 161 basis points at 2017 levels, with the interest demanded from investors at 1.21% .
The prospects for a global economic recession and its effect on oil demand as a result of the impact of the coronavirus epidemic worldwide, added to the price war between Saudi Arabia and Russia, two of the largest oil producers, continue to take its toll on the prices of 'black gold', that this Wednesday fell to levels not seen since 2003.
The price of Brent quality barrel, reference in Europe, it fell to $ 25.69, while the West Texas Intermediate (WTI), benchmark for the United States, was trading at around $ 22.41.