Madrid (EFE) .- The Spanish stock market fell 2.46% this Friday and recorded its lowest level of the year, closing below 7,600 points, affected by the decline on Wall Street and the deterioration of activity in Europe. , according to market data.
The main market indicator, the IBEX 35, lost 191.2 points, that 2.46%, the largest drop since last June, to 7,583.5 points (new annual low and last November level). In the second worst week of the year, it returns 5.02% and in this year it accumulates a decline of 12.97%.
In Europe, with the euro at 0.9725 dollars (level of 20 years ago) and a decline of 1.15%, Milan loses 3.36% (on Sunday there are elections in Italy), Paris on the 2nd, 28%, Frankfurt 1.98% and London 1.97%.
The Spanish stock market started the day with small losses, around 0.25%, after Wall Street fell yesterday Thursday: the Dow Jones Industrial Index 0.35%, the S&P 500 0.84% and the Nasdaq Composite 1. 37%.
Asian markets are also down: Shanghai by 0.66%, Seoul by 1.81% and Hong Kong by 1.18%.
US index futures fell 0.4%.
Second quarter GDP in Spain was revised upwards, growing by five tenths more than initially calculated, to 6.8% year on year.
The stock market increased its losses, was around the lows of last March and was about to lose 7,700 points.
Web edition: Marina González