The Ibex 35 sinks 9% in the week and loses 8,000 points due to the advance of the Russian invasion in Ukraine

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European stock markets continue to deepen their falls to the beat of the advance of the invasion of Ukraine by Russian troops.

As the offensive launched by

intensifies , the indices of the

are penalized by the uncertainty and fear of investors, who on the eighth day of war are unable to see how far and how long the confrontation will come.

has sunk

, ahead of the

(-4.97%), the

(-4.41%) and the

which has closed the Friday with a decrease of 3.6%.

The Spanish selective has accumulated a weekly drop of 9%, the biggest decline since the second week of March 2020, just before the declaration of the first state of alarm due to the coronavirus.

Thus, he moves further and further away from 8,000 points and will face Monday with the aim of saving 7,700, from the current 7,721.

The market started trading with the news that Russia had attacked the Zaporozhye nuclear power station and, after an hour of slight losses, panicked with falls of more than 2%, which was accentuated by the downward opening of Wall Street, despite the good employment data in the US.

The falls have especially affected sectors such as tourism or banking, which are once again seeing their recovery slow down due to the impact of the conflict on the prospects for economic recovery.

, in fact, has led the declines in the Ibex 35 with a drop of 9%, followed by

(-8.6%),

and

, both with a drop of 8%.

In total, thirty of the 35 values ​​that make up the Madrid index have ended in negative and only Cellnex, Solaria, Red Eléctrica and Naturgy have saved the green.

, which the day before suffered a collapse of more than 7%, has added a new setback today (-3.78%) due to doubts about its future in Russia.

The textile empire of Amancio Ortega has not yet ruled on its strategy in Russian territory after other companies in the sector such as H&M or Mango have announced their departure from the country in recent days.

Inditex has more than 500 stores in Russia, which is one of its main markets.

Along with the stock markets, the

have also continued to accept the escalation of tension in Ukraine this Friday.

The price of a barrel of

, a reference in Europe, has stood at 113.89 dollars, 3.09% more compared to yesterday's close, while

is trading at 111.20 dollars, 3.3 % plus.

The uncertainty due to possible supply problems from Russia is not curbed even with the announcement of countries such as the US or OPEC+, which have committed to increasing their crude oil production in the coming weeks.

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