The Ibex 35 loses the level of 9,000 points after plummeting 3.51%, its biggest drop since last June. The Spanish selective has been dragged by the banks due to the fear of investors of a new financial crisis after the bankruptcy of two entities in the US.
One of the main characteristics of the Madrid Ball is the opening and closing price of the markets. The opening price refers to the first price at which an asset is traded in the market at the beginning of the session. On the other hand, the closing price refers to the last price at which an asset is traded in the market at the end of the session.
The opening and closing prices of the markets are important because they allow investors and traders to evaluate the behavior of the market in a certain period of time. For example, if an asset opens high and closes low, this may indicate that there has been selling pressure in the market during the session. On the other hand, if an asset opens low and closes high, this may indicate that there has been buying pressure in the market.
In addition to the opening and closing prices, there are other important prices that investors should be aware of, such as the high price and the low price. The high quote refers to the highest price at which an asset has traded in the market during the session, while the low quote refers to the lowest price at which an asset has traded during the session.
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The entry Madrid Stock Exchange, latest news was published first in EFE Noticias.