The repetition of elections on November 10 has put the Spanish market center stage as a collateral effect. Faced with an environment in which there are no more ingredients due to Brexit, the recession campaigns. The trade war between the United States and China , another focus of attention has emerged in Spain with the difficult political situation . Once the ingredients on the table are clear, the next question. That many investors ask is how this electoral process can affect the Spanish stock market. In other words, what are the repercussions it can have. Taking into account all the factors that currently surround it. In the opinion of José Luis Cárpatos, investment director. Gloversia Eafi, the elections should not move “the market on the Ibex” much .
The results that may emerge are very
As Gisela Turazzini, CEO of BlackBird Broker, believes. The electoral elections could give “an air of stability to Spanish politics after 3 years of much social tension, and after the problems of secession, corruption and lack of leadership . ” In general, she highlights, the market prefers “liberal reformist parties. Because tax cuts clearly Thailand Mobile Number Database benefit the economy and provide social stability.” From their point of view, the markets do not take a dim view of centrist social policies either, as long as “the incidence of the extreme left is not decisive.” In general, the stock market wants visibility on economic policies.
On the contrary if we emerge from these elections again
The expert assures that with the presumed fall of Ciudadanos we can once again be “on a horizon in which Spain once again continues to be ungovernable . ” If we add to this the secessionist challenge in Catalonia that returns to its old ways against. The mandates of the Constitutional Court, it could cause “the Spanish stock market to have Estonia mobile number a serious problem.” However, it is not its central stage. 7 stocks with at least 50% potential in the markets Levels to watch for the Ibex 35 Cárpatos believes that after. The commissions, at most the Ibex 35 could “with temporary volatility of a few hours . Along these lines, regarding the key levels for the selective, he believes that above points the market “can breathe. while below 9,000 points it would be in a “complicated situation.
