Saturday, February 24

The stock market for Friday, January 21, 2022

The Ibex 35 has yielded 1.27% in this third week of January. In this way, the selective has been below the psychological level of 8,800 integers, and has registered the largest weekly drop since December 3. The evolution of the index has been marked by the rise in the yield of bonds and the rise in oil prices, reaching 2014 highs.

In addition to the factor of uncertainty at the geopolitical level, the clash between the US, Russia and NATO over Ukraine, there are other market elements that also have an influence. Siemens Gamesa shares have fallen 14% on the day after downwardly revising forecasts for this year and projecting a drop in revenue of up to 9% in 2022 due to disruptions in the supply chain. ArcelorMittal (-7.17%), Acerinox (-3.80%), IAG (-3.73%), PharmaMar (-3.39%), Solaria (-3.15%) and Grifols (-3, 01%) have also stood out as the biggest falls of the session.

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On the other hand, Bankinter (+2.13%), CaixaBank (+0.29%), Amadeus (+0.19%) and ACS (+0.17%) were the only stocks that closed positive .

The rest of the European stock markets have also closed in ‘red’, with decreases of 1.20% in London, 1.75% in Paris, 1.94% in Frankfurt and 1.84% in Milan.