The Ibex rises more than 1% and retake the 9,500 points with the support of Santander
Banco Santander has improved its profit by 4% in 2016
- The Dow Jones avanced on Tuesday to the 20,000 points
- The Ibex reacted yesterday in the last part of the session
- En castellano: El Ibex en verde y reconquista los 9.500 puntos con el apoyo de Santander
Actualizado : 10:12
The Ibex rose more than 1% and reconquered the 9,500 points with the support of Santander, which has presented a better profit 2016 than expected by consensus. The bank won 6,204 million euros last year, 4% more than in 2015 and above the 6.072 million expected by the FactSet consensus.
The Ibex closed on Tuesday at almost 9,400 points after posting a 0.89% revaluation. The selective was animated in the last part of the day and ended in highs of the day. On Wall Street, the Dow Jones ended very close to 20,000 points with increases of 0.57%. The S&P rose 0.66% and Nasdaq rose 0.86%.
The results season has begun this Wednesday with Santander. Bankinter will present his accounts on Thursday and Sabadell on Friday. Analysts recommend paying special attention to the accounts of the first two entities, Santander and Bankinter, because these banks are not affected by the floor clauses.
In addition to Santander, outside our country has presented its figures the pharmaceutical Novartis. The company reported a 2% decline in operating profit in its last fiscal year due to "generic erosion and investment in growth".