Different perspectives for equities on both sides of the Atlantic

In Variable Income, we started the week with gains in the main European stock markets, where the Euro Stoxx 50 advanced 0.83%, to 4,120 points, and the Ibex 35, despite having had a first weekly day of many doubts, it ended up yielding 0.36%, to 8,550 points. Despite this start to the week, last week closed with widespread falls in most European markets. The selective Spanish Ibex 35 chained its fourth negative session, before facing the presentation of business results. Among the shares that closed in green, it is worth highlighting Arcelormittal (+4.03%), IAG (+3.05%), Acerinox (1.93%) and the good closing of the previous week of the banking sector in general, with Sabadell in the lead (+7.90%), followed by Caixabank (+4.90%) and Bankinter (+2.85%). On the other hand, we saw important losses in Siemens Gamesa (-4.25%), followed by Fluidra, Grifols or Endesa. In Europe, at a sectoral level, the best performance was for the travel sector, together with raw materials and banks, a sector that will rise by more than 11% in 2022. However, the worst performances were for the electricity, real estate and and cars. The rises of Fluter (+5.92%), Kone (5.91%) or Sanofi (+3.11%) stand out, and on the loss side we find Enel (-3.13%), Hermes ( -2.29%), followed by the energy companies Eni and Iberdrola. Wall Street adds the second week in a row of gains thanks to the technology sector, except for Facebook. The better performance on the other side of the Atlantic is due in part to good macro data and good results, especially from technology companies. The American stock market closed yesterday’s session on mixed ground in a very volatile day, which began with increases driven by the oil and gas, finance and consumer services sectors, although the poor performance of sectors such as technology, materials and basic and telecommunications. The Dow Jones closed flat while the S&P 500 and Nasdaq fell 0.37% and 0.58%, respectively. INFORMATIONTitleDifferent perspectives for equities on both sides of the AtlanticDescriptionIn equities, we started the week with gains in the main European stock markets, where the Euro Stoxx 50 advanced 0.83%, to 4,120 points, and the Ibex 35, despite Having had a first weekly day of many doubts, it ended up losing 0.36%, to 8,550 points. Author GLOBALCAJA

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