The bank recovers part of the lost ground, driving away the ghost of contagion

Euskaraz irakurri: Bankuek asteleheneko galeren zati bat berreskuratu dute, kutsatzearen mamua uxatuz

The Ibex has closed the session this Tuesday with a rise of 2.23% to 9159 points. Among the best values ​​are Sabadell with an increase of 4.50% and CaixaBank with a rise of 4.09%. Thus, both banks have recovered part of the lost ground on monday dispelling the ghost of contagion due to the fall of the US entity Silicon Valley Bank.

The Frankfurt selective also closed today with a rise of 1.83%, with the recovery of the banks after the fear of contagion after the bankruptcy of SVB was reduced. commerzbank has recovered 4.4%, up to 10.39 euros, and Deutsche Bank It has risen 4.3%, to 10.58 euros.

The London Stock Exchange has closed with a rise of 1.17% a session in which bank titles have rebounded. between the banks, barclays has risen 3.11%, Lloyd’s 2.14%, natwest 1.98%, HSBC 1.57% and Standard Chartered 1.16%.

On the contrary, the actions of Credit Suisse They have only stopped its fall in today’s trading session, in which the losses have been only 0.75%, although during the day it has returned to record lows.

The price of US banking sector also recorded strong generalized rises after the wall street opening, particularly in the case of First Republic Bank, one of the hardest-hit entities on Monday. In this way, the shares of the San Francisco-based bank rose 63.3% after the opening of Wall Street, although with the passing of the minutes they moderated their climb to 48%.

The main banks in the United States also registered increases on Tuesday, although they showed less volatility than smaller entities.

In this way, Wells Fargo advanced 5.29%, Citigroup 5.30% and Bank of America 2.49%, while Goldman Sachs recorded a rise of more than 2%, Morgan Stanley 3.57 % and JP Morgan of 1.44%.