The Ibex 35 prolongs this Monday the good data of last week and fly again encouraged by the increases in BBVA and Sabadell and, above all, by the news related to the Covid-19 vaccine from the Moderna company. The selective Spanish has recovered the level of 8,000 points and after the half session accumulates an advance of more than 4%.
The session had already started positively as a result of BBVA’s announcement and the sale of its business in the US to the PNC group for some 9.7 billion euros. The price of the entity chaired by Carlos Torres has skyrocketed since the opening and is around an 18.5% rise that leaves its shares at 3.76 euros. It is followed by Sabadell Bank, which also earns more than 18% and stars, together with BBVA, in rumors of a possible corporate operation in the sector.
However, the news from the banking sector is not the only reason that is encouraging investors this Monday. The biggest shock has come through the company Modern, which has reported that the effectiveness of its anti-Covid vaccine is close to 95% and that it meets the efficacy criteria required for its commercialization.
The announcement is in addition to that made last week by his rival Pfizer and once again provokes optimism for the recovery of the global economy. The possibility of an effective vaccine in the coming months sheds light on the tunnel of the health crisis at a time when infections and containment measures have re-emerged around the world.
Hence the rebound in stock markets which, in the case of the Ibex 35, places it at the forefront of the main European markets. Together with the banks, IAG (+ 13%) and Meliá (+ 11%) are also among the highest-earning stocks on the Spanish stock market, encouraged by the improvement in tourism prospects that the discovery of a vaccine against the virus would mean. Merlin Properties and Repsol, with gains of 8%, add to the great advances in the selective.
On the contrary, Pharma Mar (-7%), Solaria (-4.07%), Cellnex (-3.12%), Siemens Gamesa (-2.33%) and Iberdrola (-0.35%) were listed negatively. ).
The optimism is repeated in the rest of the European squares, although with less enthusiasm. The Cac 40 in Paris posted a 2.2% rise; the Dax in Frankfurt, 1.3%; London’s Ftse 100, almost 1.8% and Milan’s Ftse Mib, 2.4%.
A barrel of West Texas Intermediate (WTI) oil, the reference for the United States, is quoted at 41.5 dollars, while Brent crude, the reference for Europe, marks 44.11 green bills.
For its part, the Spanish risk premium remains at 65 basis points, with the interest required on the ten-year bond at 0.122%, while the price of the euro against the dollar stood at $ 1.1845.
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.jpg "Cesare Cremonini and Giorgia Cardinaletti, the first photo together on social media (with Valentino Rossi)")
