A multimillion-dollar hit on the electricity stock market a day after the Government's plan to lower the price of electricity

The Spanish stock market has lost 1.65% this Wednesday, the biggest drop in almost two months which places it at unknown heights since the end of July, once again affected by the decline in the electricity sector and just in case of Wall Street, according to market data.

The benchmark for the national stock market, the IBEX 35, has yielded 144.6 points, that 1.65%, to 8,635.4 points. Annual earnings fall to 6.96%.

In Europe, with the euro at $ 1,811, Paris is down 1.04%; Milan 1.02%; Frankfurt 0.68% and London 0.05%.

Of the large values, the falls of Iberdrola, 5.79% (second largest of the IBEX), have once again stood out, while Inditex has yielded 1.66% after presenting its semi-annual accounts; Telefónica has dropped 0.35% and Banco Santander 0.06%. Repsol rose 1.65% (third place on the IBEX by earnings) and BBVA, 0.39%, the smallest advance of the seven companies in that index that ended up on the rise.

The biggest drop in IBEX Endesa has once again transferred 6.39%, with Iberdrola below, while Fluidra has transferred 5.14% after selling a shareholder a stake at a price lower than the market price; Solaria has fallen 4.64% and PharmaMar 3.95%, which has consumed part of the increase of the day before.

Only seven companies of the IBEX ended with profit: ArcelorMittal is up 4.55%; Acerinox 2.64%, with Repsol next, while Banco Sabadell has risen 1.41%; Enagás 0.61% and Red Eléctrica 0.5%, with BBVA in last place.

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