Spanish stock market shows a slight rise thanks to brexit case

The Spanish stock exchange maintains gains of 0.14% minutes after the opening and follows the political and economic situation of the United Kingdom

The Spanish stock market is inclined to the negative trend despite the fact that the parliament of the United Kingdom rejected by a large majority the agreement on the brexit between the British government and the European Union.

“At 9.15 o’clock, the main national indicator, the IBEX 35 is 14.70 points that 0.14% up to 8,862.80 points so that in the first days of 2019, the profits rise to 3.80%-“

After the failure of the vote, British Prime Minister Theresa May will face a motion of censure presented by the Labor opposition.

According to analysts, if May loses the aforementioned motion, the United Kingdom could call for early elections, although a second referendum on Brexit is not ruled out either. Uncertainty reigns in the environment since all options are open.

The rest of the European markets also opened up. Paris advances 0.52%, Milan 0.56%; Frankfurt 0.44% and London 0.22%. On the other hand, in Asia the main stock markets closed without much variation: Tokyo fell 0.55%, while the Shanghai stock exchange ended unchanged.

L.Sáenz

Source: Inversión&Finanzas.com

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