Around the world's markets: Madrid

Thursday 18 March 1999 00:02 GMT

Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

EXCITEMENT over European banking mergers petered out, and the blue-chip Ibex-35 index ended the day down 0.93 per cent, or 94.8 points, at 10,119.1.

Traders took profits after two banks, Argentaria and BBV, squashed the rumours by saying they were not in talks to merge. Argentaria lost 2.09 per cent to 22.97 euros, while BBC fell 2.08 per cent to 14.13 euros. The market has been expecting further activity since Banco Santander merged with BCH in January.

Sentiment was also depressed by a soft Wall Street. Traders said there was no definite direction to the market.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Stay up to date with notifications from The Independent

Thank you for registering

Around the world's markets: Madrid

Bookmark popover

Join our commenting forum

Thank you for registering