The Spanish stock market maintains its advance despite Trump’s threats

MADRID, Dec 23 (Reuters) – The Spanish stock market continued to attract moderate purchases at the open on Wednesday as banks and several industrial stocks continued to rebound, despite the threat of outgoing US President Donald Trump of not sanction the long-awaited aid for the pandemic.

At 08:05 GMT on Wednesday, the selective Spanish stock exchange Ibex-35 rose 31.40 points, or 0.40 percent, to 7,964.30 points, while the index of large European stocks FTSE Eurofirst 300 advanced close to 1 %.

In the banking sector, Santander rose 0.32%, BBVA registered 0.18%, Caixabank increased 0.61%, Bankia rose 0.87%, Sabadell gained 1.47%, and Bankinter appreciated 0.18%.

Among the large non-financial securities, Telefónica scored 0.37%, Inditex lost 0.12%, Iberdrola gained 0.44%, Cellnex gained 0.67% and the oil company Repsol lost 0.05% .

(Information from Jose Elías Rodríguez)

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