Political uncertainty over upcoming elections weighs on Spanish stock market

catalunya

Spain will also hold general elections by the end of the year, with polls pointing to a very fragmented parliament and a complicated governance. This will likely have an impact on confidence amongst companies, investors, consumers and institutions, as well as damage the country’s economic recovery and its stock market’s performance.

Link Securities analysts think this market trend will remain until there is more clarifaction on the political front, which could mean the Spanish stock market will continue to have a comparatively worse performance than other European markets.

 

 

 

 

*Image: Foter / jamazoka

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.