The key Spanish Stock Market index – Ibex 35 – experienced its highest fall over the last 14 months following Catalonia’s sovereign challenge and consequent political instability.
The Ibex 35 fell up to 2% on the opening and stands one step away from losing 10,000 points for the first time since 15 March 2017.
Spanish banking groups Caixabank and Sabadell led the fall, dropping up to 5%.
The Spanish risk premium has rebounded to 136 points, scaling up some 20 points from the figure it registered on 1st October 2017 (at 115 points), and reaching its highest level since March 2017.
Conversely, the German Dax hit historical records one step away from reaching 20,000 points.