Spanish shares lag European markets on Catalonia uncertainty [Reuters (UK)]
Banco Bilbao Vizcaya Argentaria S.A. (BBVA)
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Source: Reuters
Spanish shares lag European markets on Catalonia uncertainty | Reuters Reuters Staff 2 Min Read MILAN (Reuters) - Spanish stocks lagged a steady European market in early deals on Monday, as uncertainty over the Catalonia crisis and a profit warning from renewables energy firm Siemens Gamesa weighed. Spain's country index IBEX .IBEX fell 0.7 percent by 0716 GMT, while the pan-European STOXX 600 benchmark added 0.1 percent, staying near the four-month highs hit last week as optimism over global growth offset growing political worries. Catalan leader Carles Puigdemont on Monday failed to clarify whether he had declared Catalonia’s independence from Spain last week, paving the way for the central government to take control of the region and rule it directly if he does not do so by 0800 GMT. Spanish banks Caixa ( CABK.MC ), Bankia ( BKIA.MC ) and BBVA ( BBVA.MC ) were among the most hit, all down more than 1 percent, while Siemens Gamesa was the top faller in Madrid, down more than 6
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