The Coronavirus returns to stagger the markets. The increase of contagions and the appearance of a new variant in South Africa are behind the widespread collapse with which the large European bags have opened, breaking the truce on the eve and following the wake of the collapse at the Asian session.
Paris CAC 40 loses 3.7%; The Dax of Frankfurt, 3.4% and MIB MIB FTSE, 3.5%. In Spain, the IBEX 35 leaves more than 3.5% in the first raises of the session and tries to cling to the 8,500 points despite the fact that almost all its values are in red. Only IAG and Amadeus maintain the green despite the fact that the tourism sector is being one of the most punished in this closing of the week.
Meliá and Aena collapse more than 8%, although both are surpassed by the sinking of 11% of Bankinter. The banking sector in general is one of the most beaten by this new stock break, with Sabadell losing almost 6%; Santander, 5.6% and BBVA and CaixaBank around -4.7%.
"The appearance of the new variant arrives just when in some European countries have imposed new confines, as is the case of Austria, although the shooting shot in Germany has caused the German Government to meditate to impose restrictions. In this way, the forecasts of Growth could stagnate together with inflation that continues to increase, an added pressure for central banks, "explains Diego Morín, an analyst at IG Markets.
Repsol titles are also left more than 6.5% in line with the reverse of oil. Brent's barrel, benchmark in Europe, is at a price of $ 78 after falling 4.5%, while Texas stands at $ 74, after receiving 5%.
Finally, the price of the euro against the dollar was placed at 1,1241 green banknotes, while the Spanish risk premium was at 74 basis points, with the interest required at the ten-year bonus at 0.446%.Updated Date: 26 November 2021, 04:36