Tuesday, August 16

Stock market for Friday, December 3, 2021

Four consecutive weeks of declines. The Ibex 35 ends this Friday below 8,300 points and with a fall in the session of 0.71%. The decrease since Monday is 1.9%, thus registering the fourth weekend that starts with the selective falling. In the case of this Friday, the red numbers are attributed to fear of the new omicron variant of covid-19, which could lead to new restrictions, and to doubts about the effectiveness of vaccines.

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In fact, the Ibex 35 has been the “worst index” among the main global indices, with a weekly fall that would only be surpassed by the North American Russell2000, according to the XTB analyst consulted by Europa Press, Darío García. In parallel to the pandemic, investors have been waiting for the OPEC + meeting, which has finally decided to maintain its current crude production policy at least until January.

In Spain in particular, this Friday it was known that the confidence of the country’s consumers fell 12.7 points in November in relation to the previous month, to stand at 84.6 points, its lowest level since last April. In this scenario, the most notable falls were those of Fluidra (-5.44%), PharmaMar (-3.83%), Siemens Gamesa (-3.59%), Almirall (-3.36%) and Banco Sabadell (-2.91%). On the contrary, the biggest increases were presented by Enagás (+ 1.39%), Meliá (+ 1.00%), Iberdrola (+ 0.66%), Red Eléctrica (+ 0.65%), BBVA (+ 0.37%) and Naturgy (+ 0.20%).

Reference-www.elperiodico.com

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