The Ibex manages to advance 0.4% due to the push of the banks despite the PMI

The green numbers are reaffirmed in Europe. The Ibex has managed to rise 0.4% supported by the increases in banks and after the unprecedented collapse in the PMI services and manufacturing of the Old Continent in April, which have been well below previous data. The eurozone compound PMI shows a collapse in April to its record low of 13.5, a reading still lower than the 29.7 recorded in March. This represents the largest monthly decline in total activity recorded in more than two decades of study data collection.