International markets have managed to recover the green color in the opening this Friday after the Stock Exchange Shanghai has closed the last session of the first week of the year 2016 with a rally 1 ,97 . The Chinese stock market closes as well one of the worst weeks in their history in which he was forced to paralyze the quotation to the parquet of Shanghai and Shenzhen twice because some of its values suffered upper falls to 7% .
But after watching the rebound, the main European stock markets have opened up, but without euphoria, with increases of less than 1%. The of IBEX-35 has recovered the 9000 points, and at 10 in the morning registered an increase of 0.46%. On the other hand, the German Dax , one of those who had seen more dragged downward during this week, repunta a 0.96%. Paris , the CAC 40 was up 0.46%, and London the selective got a 0.85%.
One of the reasons why the Chinese stock market has suffered these ups throughout the first week of the year was the regulations that came into force this week, and the stock exchange was automatically paralyzed every time their indexes dropped to under 7% . But the Chinese stock markets have recovered the stability from that same Friday, in good measure because this device has been disabled. So, China no longer suspend the activity stock markets automatically .
But one of the reasons that cause instability in the Asian giant’s markets is the monetary policy from your bank. Thursday Popular Bank of China (PBOC) decided to devalue the Yuan to low from 2011. This Friday, however, the body has decided to stop the fall of the Chinese currency against the dollar. So, this Friday the Yuan is 6.56356 Yuan per dollar, slightly up from 6.5645 the previous day.
in addition, the analysts cited by the Reuters news agency that the recovery is also due to the efforts of Beijing to reduce excess capacity in a move that investors believe that result in the consolidation of the industry and that will benefit the big players in the sector. In fact, Chinese markets have closed the day with gains led by the raw , which have rebounded more than 6% and the companies in the energy sector have increased 5%.