Ibex 35 drops 3.52% in the week, the worst since the US elections in November
The Spanish index has lost 1.60% and equals its worst record since June 29
Ibex 35 closed the week with the biggest weekly drop since the previous election in the United States, on November 8. In the week it leaves 3.52% and this Friday 1.60%, equaling its worst record since last June 29. All in the face of rising tensions and threats between North Korea and the United States that has caused significant sales among investors.
IBEX 35
11.656,600
-
0,39%44,90
- Max: 11.674,00
- Min: 11.520,90
- Volume: -
- MM 200 : 11.125,61
Siemens Gamesa (+ 0.69%), Dia (+ 0.59%) and Ferrovial (+ 0.03%) were the only stocks that finished the session in green. ArcelorMittal (-4.50%) and Acerinox (-4.45%) have plunged sharply and led losses. The index's main blue chips also fell 2.74% for Telefonica, 2.30% for Banco Santander and 1.84% for BBVA.
The dynamics have been widespread in European equities. On the other side of the Atlantic, Wall Street tries to rebound after heavy falls on Thursday and on the eve of the 30th anniversary of the arrival of Alan Greenspan to the Federal Reserve, which is held today.
The escalation of tension between Washington and Pionyang has hit markets again. The lethargy of July and the first week of August, with a bullish rebound earlier this week, have given way to equities for two trading sessions as tightening statements by Donald Trump and the North Korean regime's top.
