The Ibex 35 falls 1.83% and barely holds 9,300 points after the US credit downgrade

MADRID, 2 Ago.

The Ibex 35 falls 1.83% and barely holds 9,300 points after the US credit downgrade

MADRID, 2 Ago. (EUROPA PRESS) -

The Ibex 35 has closed with a fall of 1.83%, its worst setback in a month, to stand at 9,328.7 points, after last night the credit rating agency Fitch Ratings stripped the United States of its rating 'AAA', the maximum possible, and set it to 'AA'.

The main indicator of the Spanish market has thus moved away strongly from the annual maximums that it set on Thursday of last week, at the edge of 9,700 points, in a day loaded with macroeconomic data and in which values ​​such as Telefónica and Unicaja for the news that investors have received.

The selective is left close to 4% since the close of last Thursday, although in the year it still maintains an accumulated revaluation of 13.36%.

Fitch has explained that its downgrade of the 'rating' as a long-term issuer of the United States, which now stands at 'AA', reflects the expected fiscal deterioration over the next three years and the high and growing burden of government debt. His decision also takes into account "the erosion of governance" relative to other 'AA' and 'AAA' rated sovereign issuers over the past two decades, as manifested in repeated clashes over debt limits and resolutions. last minute.

After the decision announced by Fitch Ratings, only Moody's maintains the highest solvency grade for the long-term debt of the United States, after S

Nationally, this Wednesday it was revealed that unemployment fell by almost 11,000 people in July, to a total of 2.67 million unemployed, the lowest since 2008. For its part, Social Security gained almost 22,000 affiliates in the seventh month of the year, marking a new maximum by achieving 20.89 million contributors.

On the other hand, in the United States the ADP employment report for July has been released, which, although it has fallen compared to the previous data, has shown much stronger job creation than analysts expected, which could imply a monetary policy more aggressive of the Federal Reserve (Fed) to subdue inflation.

The sum of all these factors translated into falls of 1% on the part of the Wall Street indices and the closing with strong setbacks in the rest of the European markets: Paris has yielded 1.26%; Milan 1.3% and Frankfurt and London 1.36% each.

Within the Ibex 35, Telefónica has led the losses with a decrease of 7.03% after the German 1

Unicaja has reaped the second most bearish result by giving up 5.84% after learning that the Oceanwood fund has sold almost all of its stake in the entity, a move announced just two days after the bank reported that it would replace its current CEO, Manuel Menéndez, by Isidro Rubiales, current 'number two' of the president of the Andalusian entity, Manuel Azuaga.

After these two values, the companies with the worst performance this Wednesday were Mélia Hotels (-4.49%); Colonial (-3.1%); Grifols (-2.77%); Solar Energy (-2.51%); Inditex (-2.5%); Endesa (-2.47%); Banco Sabadell (-2.33%); Iberdrola (-2.24%); Acciona Energy (2.12%); Santander Bank (-1.99%); IAG (-1.75%) and BBVA (-1.74%)

In contrast, only three values ​​have closed with increases: Merlín Properties, 0.12%; Fluidra 0.3% and Indra 0.75%.

In the commodity market, a barrel of Brent fell 2.26% at the close of the European session, trading at $82.99, while the West Texas Intermediate (WTI) stood at $79.3 , 2.51% less.

As for currencies, the euro depreciated 0.41% against the dollar at the same time, reaching a market exchange rate of 1.0939 'greenbacks' for each unit of the community currency.

The interest on long-term Spanish debt closed at 3.567 after subtracting almost one basis point, while the risk premium (the differential with the German bond) remained at 104.3 points.

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