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After losing 8.5% in June, the Ibex has suffered its worst semester since pandemic.

Bad month, bad quarter, and the worst semester since the Ibex-35 pandemic.

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After losing 8.5% in June, the Ibex has suffered its worst semester since pandemic.

Bad month, bad quarter, and the worst semester since the Ibex-35 pandemic. This Thursday's dismissal by the selective Spanish was due to a drop in 1.09% to 8,098 point. It was a period marked with the war in Ukraine, fear of inflation, and most importantly, its effect on the recovery of an economy that many believe is heading for recession.

Wall Street and the European stock markets fell more in the session that ended before the start for the stock market summer. This is consistent with what happened during this difficult year, when red numbers exceeded 20% in the Nasdaq technology Index.

The Spanish selective began 2022, signing three consecutive months with declines. The annual balance returned to positive territory in April after land that had recovered in April. This was already May. Investors were forced to confront the hard reality of rising inflation and fear of recession by the relentless rise of inflation. June saw a month when the 10-year Spanish bond returned 3%, the highest since 2014.

This situation has been calmed by the European Central Bank (ECB), which announced a new antifragmentation instrument. It basically will allow you to buy debt from countries whose risks premiums are not justified.

Investors remain skeptical about the region's economic future. The Ibex-35 lost 4.1% in the last quarter and 7% over the first six months. 8.5% of the remaining stock was available in June. To see a higher figure, you will need to look back at March 2020 during the health crisis.

The biggest losses on Thursday in the national trading floor were for Acerinox at -4.74%, Sacyr at -4.72%, CaixaBank at -4.13%, Melia (-4.12%), IAG @ -3.99% Arcelormittal At -3.71% and Banco Sabadell at -3.33%

Grifols recorded the largest increase (6.15%), rebounding from the sharp cut in previous sessions after denying that Grifols is currently analyzing capital increases with the goal of reducing its debt.

The price of oil saw a slight recovery in the raw materials market. However, it fell slightly. Brent oil is a reference in Europe and a barrel of Brent costs 111 dollars. American West Texas trades at 109 dollars.

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