Tuesday, March 21

The bank leads the falls of the Ibex 35, which falls to the lowest level in a year due to the Ukraine crisis

The Spanish stock market has closed the day with a fall of 2.86%, to 8,198 points, its lowest level since February last year. However, the fall has been less than what was predicted with the opening of the markets, when the Spanish stock market index fell by more than 4%. The bank has led the impact on the market of the announcement of Russia’s operations in Ukrainian territory and only five stocks have managed to avoid ending the day in the red.

Santander has been the most punished stock on the stock market this Thursday. The Spanish bank has left 7.69% in a single day, although the disaster at times exceeded 9%. In his case, in addition to the situation in Ukraine, a restructuring of his leadership has been known, in which less powers are given to his president, Ana Botín. The second most punished value has been another bank, Sabadell, which has fallen by 7%. ArcelorMittal has left more than 6.5%, Acerinox 6.4%; and BBVA, 6.2%. Other banks such as CaixaBank or Bankinter have left more than 5%.

On the other hand, only Indra (+12.05%), Siemens Gamesa (+10.52%), Solaria (+10.06%), Acciona (+4.40%) and Ibedrola (+0.94%).

The Ibex 35 has been the index that has fallen the least among the main Europeans. The FTSE 100 in London lost 3.82% in today’s session, as did the CAC 40 in Paris and the German DAX. In addition, the FTSE MIB in Milan has lost more than 4%.

The price of oil has also skyrocketed, 7.18% in the case of a barrel of Brent crude, placing its value at 103.7 dollars per barrel, and 4.7% in the case of West Texas, which has reached priced at $96.9.

Finally, the price of the euro against the dollar stood at 1.1148 ‘greenbacks’, while the Spanish risk premium stood at 104 basis points, with the interest required on the ten-year bond at 1.174%.