Santander and the Ibex endure the situation

Santander drops 1% this Tuesday. The Ibex also holds and yields only 0.5%, to 10,538 points. The bank on Monday launched a 7.100 millions of euros rights issue at a price of 4.85 euros per share , a 19% discount to Monday's closing price. Investors have until July 20 to take up the offer, with the new shares ready for trading by the end of the month.