Spanish equity went up by 7.9% in August

Spanish stock exchanges and financial markets (BME) equity increased by 7.9% last August to EUR36.3 million, according to Bankia. This shows an underlying trend of the BME accumulated equity business, which since a few months ago it seems to be stabilizing. For the second time in a year, this indicator has broken the negative trend after the minimum of EUR650 million reached last June.

Despite the equity business slowly recovering, analysts warn that the situation is not easily predictable.

About the Author

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.

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