The Spanish stock market saved Monday's session with a nearly flat close and over 8,200 points. This is in contrast to the losses in other European markets that followed the downturn of Wall Street on Friday.
After a transition session, the selective will begin on Tuesday at 8,242 points. The OPEC meeting next week is also in the horizon.
Thus, the national parquet saved the tensions from Russia. The Russian Government has now stopped fulfilling its international financial obligations for the first time since more than 100 years. After the 30-day grace period expired Sunday, the Kremlin was required to pay approximately 100 million dollars (95 millions euros) in interest on bonds that were contractually due for May 27.
Grifols (3.37%), PharmaMar (2.97%), Arcelormittal (2.264%), Indra (2.555%), Rovi (2.55%), Rovi (2.55%), Fluidra (1.69%), and BBVA (1.63%) have shown the largest increases in Ibex 35.
Contrarily, Melia (-3.08%) and Sabadell (-2.263%), Bankinter (1.522%), Ferrovial (1.477%), ACS (0.1). .39%), Iberdrola -1.32%, Merlin -1.18% and Acciona -0.9%.
Ezentis is another great protagonist of today. It has returned to trading floor with a collapse of over 24% following the rejection of SEPI (State Society of Industrial Participations) to save the company. Particularly, the titles of Ezentis have dropped to 0.085 euro, which is a historic minimum that places the company's value at less than 40 millions euros.
In the meantime, Brent crude oil, which is a reference in Europe rose 1.5% to 114.71 USD, while West Texas was at 107 dollars.