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Banking suffers on the stock market due to doubts about the economy

The Spanish bank with the most presence of local business in its profits is experiencing very low moments on the Stock Market.

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Banking suffers on the stock market due to doubts about the economy

The Spanish bank with the most presence of local business in its profits is experiencing very low moments on the Stock Market. In one week, the Ibex 35 Banks fell 7.4%, compared to a 2.78% cut in the Ibex. Only in this week, Sabadell and Bankinter left more than 14.5%, and CaixaBank lost 13.34%.

Despite these declines, the three banks continue to post juicy increases so far this year: from 18.93% in CaixaBank to 9.7% in Sabadell. Although these advances are far from the maximum of the year: Sabadell rose 59%, CaixaBank, 55

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