After the storm, calm comes. Both the Ibex 35 and the main European stock market indices are dyed green this Thursday in contrast to the losses, greater than 3%, that they registered during the day yesterday, marked by the collapse of the Swiss bank Credit Suisse on the stock market. Hope returns to the markets after the entity has asked the Swiss central bank for a loan of up to 50,000 million francs to gain liquidity and avoid a possible bankruptcy.
The Ibex 35 rises more than 1% at the opening and leaves behind the heavy losses registered during the last session, in which it closed with a decline of 4.37%, the worst fall since November 2021. Despite this, the Spanish selective remains below 9,000 points. A similar tone is shown by the main European markets, which have woken up with increases of more than 1%.
In the early stages of the session, the biggest increases within the Ibex were recorded by the banking sector, led by BBVA and Santander, which rose around 3%, respectively, thus recovering part of the ground lost during yesterday's session, in which the sector suffered strong setbacks as a result of the panic unleashed by the Credit Suisse crisis.
The shares of the Swiss entity, which lost up to 30% of their value at some moments in the price this Wednesday, rebounded above 20%. A good sign that calm has returned to the markets, waiting for the decision of the European Central Bank (ECB) on the foreseeable new rise in interest rates by 50 basis points.