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Banks drown Ibex: Popular is the worst again

Logotipo de Bolsamanía Bolsamanía 28/04/2017 Bolsamanía

The Ibex faces the last day of April with declines ... at the moment (-0.4%, 10,638 points). Banks re-punish the Spanish market .

Sabadell is among the worst Ibex after posting a decline in its profit of 14.3%. Popular, on the other hand, returns to be the worse title of the index today, with decreases that surpass 2%. BBVA also trades in red (-1%).

While waiting for what happens during this last session, the Ibex accumulates a rise in this month that is about to end up around 2%. In the first half of the year, the Spanish index is the best index, with cumulative increases of 14% In the rest of Europe, increases of around 8% in the main places since it started 2017 and, in the United States, 6%.

© Proporcionado por Bolsamanía

This Friday the spanish market is facing a new day of avalanche of results. In addition to Sabadell, they have posted their CaixaBank (47.9% improvement) and Bankia (28.4% profit) accounts, among other companies. Out of our country, UBS has reported a profit increase of 79%, to 1.3 billion Swiss francs.

May will start with more business profits, both in Spain, Europe and the United States, and with an election date that no longer worries so much. The second Sunday of the month (7 May) will be held the second round of the elections in France. Recent polls, however, show that Marine Le Pen, the far-right leader, 'steps on the accelerator'. However, Emmanuel Macron, the center-left candidate, would continue to impose on Le Pen by a margin of 21 points.

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