In Europe only Germany, it low with a slight 0.11% in red. The entry in Tripoli of Libyan rebels drives the energy sector. Major European stock markets have closed the session on Monday with more than 1% average earnings except in Frankfurt, which has closed in red with a drop of 0.11%. Madrid has led the gains. Despite this recovery, remains the uncertainty in stock markets with regard to the progress of the global economy and the European debt crisis. In recent months, Larry Ellison has been very successful. Last Thursday ended with a few strong declines, which in the case of Paris and Frankfurt were recorded them the largest since 2008 and for the Ibex-35 index this week was the second worst of the year. Europe Madrid bags has led gains with a 1.87%, closely followed by Italy with 1.78%. Paris, with a 1.14%, and London, 1.08% green, finished virtually couples.
The Ibex-35, has advanced 152 points to 8.293,90 points. Losses accumulated this year are relegated to 15.88%. All the great values of the Ibex-35 rose: Iberdrola won 3.73%, the fourth largest rise in the IBEX; Repsol, the 2.78 percent; Telefonica, 2.53%; BBVA, 1.16%, and Banco Santander, 0.8%. The input rebels in Tripoli to the Libyan President, Muammar el-Qaddafi, ate the price of the oil companies and other companies in the energy sector, such as Eni (5.2%), Total (3.7%) and OMV (4%), benefited from tensions in Libya. While it was known that the European Central Bank (ECB) had bought last week public debt amounting to 14,291 million euros and Germany, backed by France and the European Council, reiterating their complete opposition to issue Eurobonds, the risk premium on Spanish remained stable.
Wall Street and Asia on the other side of the Atlantic, Wall Street left at beginning of day declines of last week and its main indicator, the Dow Jones de Industriales, climbed after the opening, encouraged by the bullish trend which showed the European parks and the prospect of the end of the Libyan conflict. The Nikkei in Tokyo closed with a fall 1% at its lowest level of the past 5 months, due to the strength of the yen, reached on Friday its maximum value against the dollar since the end of World War II. The Seoul stock exchange lost nearly 2% and that of Shanghai a 0.73% did so. The recovery of the developed countries has been challenged by entities such as banks Jp Morgan and Morgan Stanley and institutions as the Organization for cooperation and economic development (OECD) and the statistical office Eurostat, which has registered a stagnation in the seven most industrialized countries. Gold has returned to beat new maximum values before the search of security among investors and round the 1.874,4 dollars per ounce. Source of the news: the Ibex-35 leading European rise after its second worst week of the year burastil