Madrid, 24 Feb. The Spanish stock market fell 0.33% on Friday affected by the decline in Wall Street and the rise in US personal consumption prices (PCE) in January, an indicator which shows that there are still inflationary pressures which could lead to the Federal Reserve (Fed) to raise interest rates further.
Its benchmark, the IBEX 35, subtracted 30.1 points, 0.33%, to 9,201.5 points. In the weekly count, it fell by 1.41%, despite which it accumulated over the year a revaluation of 11.82%, according to market data collected by EFE.
The selective started with gains that brought it down to 9,300 points, but quickly moved lower and worsened with the opening of Wal Street, which at the Madrid close fell 1% after spread this price increase.
Within the large values, only Telefónica progressed by 0.96%, while BBVA lost 0.07%; Iberdrola 0.14%; Repsol 0.5%; Inditex 0.98% and Banco Santander 1.14%. ECE
luc-apc/jla/lar
(video)