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Geopolitical Tension Sees Second Day of Losses in Spanish Shares-Aug 10
 

Continued tensions between the United States and the Democratic People's Republic of Korea (DPRK) led to a second day of losses on the Spanish Ibex-35 stock market on Thursday.

Following Wednesday's fall of 138 points (1.29 percent) to close on 10,596.00 points, the continued exchange of threats between Washington and Pyongyang saw a further 146 points (1.38 percent) lost from share prices on Thursday as the Ibex-35 closed on 10,450.00 points after suffering the worst losses since June 29th.

Media company Mediaset was the only company to see a rise in share values (0.23 percent), while Spain's banks were again amongst the hardest hit with Bankia losing 2.35 percent, Banco Santander 2.30 percent and Bankinker 2 percent from their overnight values.

There was also a 1.39 percent in the Spanish risk premium to 103.7 points, while interest on the 10 year bond stood at 1.45 percent.


(www.chinaview.cn 2017-08-11)
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