The Ibex will look for the rebound this Tuesday after the 2.5% average falls recorded on Monday across Europe. Wall Street has closed the session with 1.5% declines, while in Asia, with half of the seats closed, the sharp 3% drop in the South Korean Kospi stands out. The increase in cases of coronavirus (there are already more than 100 deaths and more than 4,000 infected) continues to weigh. Beyond the terrible personal tragedy, in the economic field the impact is already noticeable. However, experts are confident that it will be short term and that things will recover in a couple of months thanks, among other things, to how quickly the authorities are acting.
Here in Spain, the news is the results of Bankia. The entity's profit has fallen by 23% in 2019 due to the "very important" effort in provisions, as the bank itself has pointed out. Bankia is not doing well in the stock market this year. Today, in the press conference to present these figures, the questions will revolve, with total certainty, around the possibility of a corporate movement in which the bank is involved.