Banks give a breather to Ibex

The Spanish index falls during the first two sessions of the week penalized by financial institutions

  • The oil market will focus today on the role of weekly US crude inventories
| |
Bolsamanía
Bolsamania | 08 feb, 2017 09:38 - Actualizado: 09:59
bankinter_630

The Ibex trades with moderate rises of 0.33% while banks give it a break. For its part, Wall Street remains impassive and ended Tuesday with new highs (Dow Jones: + 0.19%, S & P: + 0.02%, Nasdaq: + 0.19%).

IBEX 35
11.641,300
  • 0,26%30,50
  • Max: 11.657,10
  • Min: 11.531,00
  • Volume: -
  • MM 200 : 11.167,85
17:35 29/11/24

In the business plan today has been the turn of Mapfre and Gas Natural. The insurer has increased its profits by almost 10% in 2016, reaching 775 million euros. For its part, the gas producer has increased its profits by more than 10%, to 1,347 million euros.

On the other hand, oil is still news. This morning it drops to around 1% (Brent barrel: $ 54.66, West Texas barrel: $ 51.61) pending the US government to publish data on weekly crude oil inventories today. If that report confirms a "shockingly large" supply structure, prices are likely to continue to decline, CNBC notes. So far this week, crude oil prices have fallen 3% amid worries about high production levels and oversupply, as shale drills in the United States continue to reopen platforms.

This Wednesday will be the data on industrial production in December in Spain, in addition to the aforementioned crude oil inventories in the United States. From a business point of view, Europe's energy figures are published by Vestas, Sanofi and Glaxosmithkline. In the United States, we will know the accounts of Time Warner.

contador