The selective one loses the 10,000 points and the differential with the German bond surpasses the 300 points. The fluctuations must to the intervention of the CAM by the Bank of Spain and the reduction of the qualification of Moody' s of Greek bonds to almost unpaid. The premium of risk and the Ibex-35 have returned to lose their calls psychological barriers. The selective one has fallen a 1.92% from the 10,059, 30 points to the 9,886, 20 and the differential with the German bond has raised from the 293 of Friday the 326 basic points. After several alzistas sessions where the 18 of July were gotten to reach the 366 points, the agreement for the Greek rescue relaxed the pressure Friday the past, when it closed to 293 points. These fluctuations seem to be motivated by the intervention of the Bank from Spain to the Box of the Mediterranean that same Friday and the decision of Monday of Moody' agency; s to reduce the qualification of Greek bonds on the brink of madness the non-payment. Day in the Spanish park Stock-market has begun the session with more than one hour of delay due to technical problems it did and it to the loss.
The decision of Moody' s to reduce the qualification of Greek bonds in three levels, until the Ca degree from the Caa1, sinking them to more under the category of " bonds basura" and leaving them to a step of " impago" , it only served to discourage more to the investors. In addition, shortly before the closing of the European bags, Moody' s announced that it is reviewing his note to eight Greek banks and noticed that a degradation is possible. The reduction of Moody' s takes place after the past Friday, another agency, Fitch assured that the new program from aid to Greece was " non-payment restringido" . The opening to the loss of Wall s$street before the lack in agreement in the United States to elevate the ceiling of indebtedness from the country to one week of which the limit is only fulfilled confirmed the tendency of reductions. Before the lack of other news of relevance in Spain, since today he is festive in almost all the country, the investors showed preference for the prudence and the collection of benefits after several sessions of ascents and in the hope of battery of enterprise results that are expected this week. In Europe, with the Euro to 1.43 dollars, the main places also registered losses in a generalized manner, although smaller to the Spanish, since Paris left 0.77%; London, 0.16% and Milan, 2.47%, whereas Frankfurt raised 0.25%. Source of the news: The Ibex-35 and the premium of risk return to exceed the psychological barriers