The Spanish Stock Exchange rises 0.92% pending the peace agreement in Ukraine and the Fed

The Spanish stock market added 0.92% this Monday and was on the verge of 16,000 points, pending a peace agreement in Ukraine and after the increase in expectations of interest rate cuts in the United States by the Federal Reserve (Fed) in December. The main index of the national market, the IBEX 35, gained 145.9 points, driven by the bullish opening of Wall Street, to finish at 15,967.8 points. In the year, the accumulated gains are 37.71%. The IBEX 35 led the gains in Europe, where gains have prevailed, except for Milan, despite the fact that the Ifo economic confidence index in Germany has been below expectations.

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Of the major values of the Spanish Stock Exchange, the BBVA bank added 1.55% this Monday; the textile giant Inditex 0.41%; the electric company Iberdrola 0.36% and the Santander bank 0.26%. For its part, Telefónica has lost 0.52% after announcing an employment regulation file (ERE) for more than 5,300 people and the oil company Repsol has lost 0.64%.