Madrid (EFE).- The Spanish stock market fell 2.46% this Friday and recorded the lowest level of the year, ending below 7,600 points, affected by a decline on Wall Street and worsening activity in Europe, according to market data.

The market’s main indicator IBEX 35 has lost 191.2 points or 2.46%, the biggest drop since last June, to 7,583.5 points (a new year’s low and last November’s level). In the second worst week of the year, it gives 5.02% and in this exercise the decline accumulates to 12.97%.

Spanish stock market values ​​were at the end today, which recorded the lowest level of the year.
Spain’s stock market fell 2.46% this Friday to record its lowest level of the year, ending below 7,600 points, hit by a decline on Wall Street and worsening activity in Europe, according to market data. EFE/Vega Alonso

In Europe, where the euro is at $0.9725 (20 years ago) and down 1.15%, Milan is down 3.36% (Italy has elections on Sunday), Paris 2.28%, Frankfurt 1.98% and London 1.97%.

The Spanish stock market started the day with a small loss of about 0.25% after Wall Street fell yesterday Thursday: the Dow Jones Industrial Average 0.35%, the S&P 500 0.84% ​​and the Nasdaq Composite 1.37%.

Asian locations also fell: Shanghai 0.66%, Seoul 1.81% and Hong Kong 1.18%.

US index futures fell 0.4%.

Spain’s second-quarter GDP was revised upwards, growing five-tenths more than originally estimated, to 6.8% year-on-year.

The stock market extended its losses, was near last March’s lows and was about to lose 7,700 points.

Online publication: Marina González

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