Madrid (EFE).- The Spanish stock market fell 2.46% on Friday and recorded the lowest level of the year, ending below 7,600 points, affected by the fall in Wall Street and the deterioration in activity. in Europe, according to market data.
The main market indicator, the IBEX 35, lost 191.2 points, or 2.46%, the biggest drop since last June, to 7,583.5 points (new annual low and level from last November). In the second worst week of the year, it drops 5.02% and in this exercise it accumulates a fall of 12.97%.
In Europe, with the euro at 0.9725 dollars (level 20 years ago) and a fall of 1.15%, Milan dropped 3.36% (on Sunday there are elections in Italy), Paris 2.28%, Frankfurt 1.98% and London 1.97%.
The Spanish stock market started the day with small losses, around 0.25%, after Wall Street fell yesterday Thursday: the Dow Jones Industrial Index 0.35%, the S&P 500 0.84% and the Nasdaq Composite 1 .37%.
Asian markets also fell: Shanghai 0.66%, Seoul 1.81% and Hong Kong 1.18%.
US index futures were down 0.4%.
Spain’s second-quarter GDP had been revised upwards, growing five ticks faster than originally forecast, to 6.8% year-on-year.
The Stock Exchange increased its losses, was close to the lows of last March and was about to lose 7,700 points.
Web edition: Marina González