Kukungqubana okugcweleyo kwintengiso yesitokhwe. Yiyo ke le ndlela abahlalutyi bezemali abachaza ngayo imeko yangoku yeemarike zezabelo. Emva kokuwa komndilili kwiimarike zamasheya zamanye amazwe ngu malunga ne-30%. Ngoxinzelelo lokuthengisa olwalungakhange lubonwe nakwingxaki yezoqoqosho eyadlulayo yowama-2008. Kuba enye yomahluko ngokubhekisele koku kukuba ngoku ukwehla kwenzeke ngesiquphe. Oko kukuthi, kwiiveki nje ezimbalwa hayi kwiinyanga ezintandathu njengoko kwenzekile kwishumi leminyaka lokuqala lenkulungwane yama-XNUMX.
Kule meko ngokubanzi apho iimarike zezabelo zityhutyha khona, umbuzo abatyali zimali abancinci nabaphakathi ngoku abazibuza wona ngowokuba izakuba yintoni impendulo yeemarike zentengiso ukusukela ngoku. Kungenxa yokuba ngexesha apho ukuthengiswa kungakhange kwenziwe kwezi ntsuku akukho khetho ngaphandle kokulinda ulinde. Ngenjongo yokuvelisa ukuchacha kwiimarike zemali. Nangona ngaphandle kokwazi ukuba ixesha elibekiweyo liyakuba yintoni apho yonke into ibuyela esiqhelweni, uhlala ukhumbula ukuba kuya kubakho abaphumeleleyo kunye nabaphulukeneyo kule ngxaki yezoqoqosho njengeziphumo zokwandiswa kwe-coronavirus.
Kule meko, kukho iindlela ezahlukeneyo zokuhlalutya ezenziwa ngabalamli bezezimali kwezi ntsuku zibonisa kwaye ezinokubonelela ngolwazi oluxabisekileyo kubatyali zimali ukuba benze isigqibo ngalo mzuzu. Apho bavumelana khona kuzo zonke iimeko ukuba ubulumko bube yeyona nto iphambili kuzo zonke iindlela zabo zotyalo-mali. Emva kokuba imali eninzi ilahlekile kwiintsuku ezimbalwa kakhulu. Kwanele ukukhumbula ukuba, umzekelo, i-moya IAG Imkile kurhwebo phantse i-euro ezingama-8 ngesabelo ngasinye ukuya phantse ngaphaya kwenqanaba lamanani aphindwe kabini. Okanye yintoni efanayo, phantse isinye kwisithathu sexabiso laso kwiimarike ze-equity.
Ukuvalwa kugwetyelwe ngaphandle kwiingxowa
Ngayiphi na imeko, ukuvalwa kokugqibela kwemakethi yesitokhwe ayisosisombululo kwimeko yokungazinzi okugqithisileyo okwenziwe zii-coronavirus kwiimarike. Olu luluvo lomphathi wentengiso yemasheya ngokubhekisele kwinto yokuba iimarike zezabelo kweli zingavala ngenxa yokungazinzi okuthe ngqo okuvezwe ziindawo zentengiso yemasheya. Ukuba akunjalo, ngokuchaseneyo, i-CNMV ibonisa ukuba ukuvela kweemarike kulandelwa ngokweenkcukacha kwaye kuya kusebenzisa izixhobo ezibonelelwa ngumthetho ukuba ubona kufanelekile.
Ngale ndlela, ekuphela kwento ekhethiweyo kukunqunyanyiswa kwentengiso emfutshane n apho imvelaphi yezi ziqubulisayo iwela kwimarike eqhubekayo yelizwe lethu. Ukusuka kolu luvo, abatyali mali baseSpain abasayi kuphinda bakwazi ukuqikelela kwixesha elifutshane kunye nokusebenza kwendalo yokuqikelela kukhuseleko oluphambili kwimarike yezabelo. Apho kude kube ngoku babenakho ukufumana Inzala yezigidi. Ngayiphi na imeko, eli nyathelo alichaphazeli iimali zotyalo-mali ezisasebenza kwaye ke zinokuqeshwa ngabatyali mali abakholelwa ukuba amasheya kwihlabathi liphela aya kuqhubeka ukwehla ukusukela ngoku.
Impembelelo kwingeniso emiselweyo
Esinye isiphumo seso sichaphazela iimarike zengeniso esisigxina kwaye khange ivele ingaphazamiseki kule meko intsha. Ngale ndlela, kufuneka kukhunjulwe ukuba ityala likawonke-wonke lathintela umzila ohlupheke ngamashishini. Kodwa kwiveki ephelileyo abatyali mali babalekile kwingeniso esisigxina. Inzala yebhondi yaseSpain, eguquka ngokungafaniyo nexabiso layo, iphindwe kabini ukusuka ku-0,23% ukusuka ngoLwesithathu odlulileyo ukuya kwi-1% ethe yachukumisa uLwesithathu odlulileyo. Apho ityala elisecaleni lelona lichaphazeleke kakhulu yile meko intsha kuqoqosho lwesizwe nangaphandle kwemida yethu. Ngokurhoxa okukhulu kutyalo mali lwezi mpawu.
Ngelixa kwelinye icala, imali yotyalo-mali esekwe kwezi asethi zemali ichaphazele kakhulu kule veki. Kunye ukwehla kwezi mali Imida isusela kwi-3% ukuya kwi-10% kwaye ayinakulityalwa ukuba ezi mveliso ziyinxalenye yezicwangciso zabaninzi abathathe umhlala-phantsi ukuphucula ipenshoni yabo. Nangona iyimveliso yezemali injongo yayo kunye nexesha lokusisigxina lingakhange lijolise kufutshane, ukuba akunjalo ngokuchasene nexesha eliphakathi kwaye ngakumbi ixesha elide. Ngobukho bokuba banokuchacha kwikota yesithathu okanye yesine yonyaka, njengoko kubonisiwe ngabaphathi abathile belizwe.
Iinkampani ze-Ibex 35 zikhuselekile
Kukwabaluleke kakhulu ukuba uqaphele ukuba elinye lawona manyathelo afanelekileyo athe waziswa ngurhulumente waseSpain kukukhusela iinkampani ezidweliswe kwisalathiso sengeniso yelizwe lethu ngaphambili I-OPAS enokwenzeka ngabatyali mali bangaphandle. Ngale ndlela, kufanele ukuba kuqatshelwe ukuba kubhengeziwe ukuba imigaqo yotyalomali lwangaphandle iya kuguqulwa "ukuthintela iinkampani zangaphandle ekuthatheni iinkampani zaseSpain ngenxa yokuwa kwemarike yemasheya." Yimilinganiselo eyinxalenye yomthetho wasebukhosini ovunyiweyo ngolwe-Lwesibini liBhunga labaPhathiswa ngamanyathelo ezoqoqosho okujongana nengxaki ye-coronavirus.
Kuzo naziphi na iimeko, la manyathelo sele enziwe awazange abonwe ngaphambili kwimbali yedemokhrasi yelizwe lethu. Ukuya kwinqanaba lokuba baya kuchaphazela ubudlelwane babatyali zimali kunye nelizwe elinzima lemali, ubuncinane kwixesha elifutshane. Ukuhamba kwezi mpawu akuzange kuphuhliswe kwiimarike zokulingana kwihlabathi liphela kwaye ke ngenxa yokuvela kwezinye iimeko zezi zicwangciso zonxunguphalo eziza kuchaphazela uninzi lwabatyali mali abancinci nabaphakathi. Ngayiphi na imeko, baye bavumela iimarike zokulingana kwihlabathi liphela ukuba zibuyise umva kwiseshoni yohambo olujikelezayo kwaye ngaphezulu kwako konke ngokuguquguquka okuphezulu. Apho ukhetho lwaseSpain longeze i-6,41% yokuma kumanqaku ayi-6.498,50.
Iziganeko ezintathu onokucinga ngazo
Ngale ndlela, ikhonkco lokhuselo ngoku lijonga iimeko ezintathu ezinokubakho kwimarike zezabelo ukusukela ngoku:
- Ukubuyiselwa kwezoqoqosho ku "V", esikubonayo kuncinci kunqabile kwaye, ukuba kuyenzeka, kuya kuthanda ukubuyela okuqinileyo kwiimarike zesitokhwe kwixesha elifutshane / eliphakathi.
- Ukubuyiswa kuka "U", okomzuzwana imeko enokubakho, eya kuthi ikhokelele ekubuyiseleni kancinci kwaye ukhethe ngakumbi kwiimarike zesitokhwe.
- Ukubuyela kwimeko yesiqhelo ngo "L", eyona meko imbi kakhulu kwiimarike zamasheya ukusukela, ukuba izalisekisiwe, kuya kubandakanya iingxaki ezininzi kwiinkampani ezininzi ezidwelisiweyo, ngakumbi ezo zinomsebenzi onxibelelene ngakumbi nomjikelo wezoqoqosho.
Ukusuka kulo mmeli wezezimali kubonakalisiwe ukuba "idatha ekhutshwe ngoMvulo odlulileyo e-China, ehambelana neenyanga zika-Januwari no-Februwari, ibonisa ukwehla okunamandla kwixesha lonyaka, into enokuqikelelwa kwaye inokwenzeka ukuba iphindwe eNtshona. ezoqoqosho, ubuncinci kwiikota ezimbalwa ezizayo ”.
Amanyathelo okuzola iingxowa
I-European Securities Market Authority (i-ESMA) inciphise okwethutyana yaya kwi-0,1% yemali eyinkunzi ekhutshiweyo, xa kuthelekiswa ne-0,2% yesiqhelo, owona mqobo usezantsi apho abatyali mali mabazise abasemagunyeni abachaphazelekayo malunga nezikhundla zabo ezimfutshane kwezokhuseleko ezibhalwe kwi-European Union ( EU) ngenxa yeemeko ezizodwa ezinxulumene nobhubhane weCovid-19.
Ngale ndlela, iKhomishini ye-European National Securities Market Commission (CNMV) ithathela ingqalelo ukuthoba lo mqobo wesaziso yinkqubo yokhuseleko, kwiimeko ezizodwa ezinxulunyaniswa nobhubhane we-Covid-19, kubalulekile kumagunya ukuba abeke iliso kwindaleko yentengiso. Ngelixa kwelinye icala, umphathi weemarike zaseYurophu ugxininisa ukuba inyathelo linokuxhasa amanyathelo angqingqwa xa kukho imfuneko yokuqinisekisa ukusebenza kakuhle kweemarike ze-EU, uzinzo kwezemali kunye nokukhuselwa kwabatyali mali.
Ke ngoko, umlinganiso usetyenziswa kwangoko kwaye ubongoza abanini bezikhundla ezimfutshane ukuba bazise abasemagunyeni abanesakhono esiphelweni seseshoni ngoMvulo. Ngokwesiqhelo, imigaqo ye-EU inyanzelisa ukwazisa abasemagunyeni abanobuchule bezikhundla ezifutshane ezilinganayo ubuncinci i-0,2% yenkunzi ekhutshiweyo yezokhuseleko, nangona umqobo unyanzelisa ukunxibelelana esidlangalaleni isikhundla se-bearish yi-0,5%.
Olu xanduva lwexeshana lusebenza kuye nawuphina umntu wendalo okanye wezomthetho nokuba uhlala phi, nangona ungasebenzi kwizabelo ezamkelweyo kurhwebo kwiimarike ezilawulwayo apho eyona ndawo iphambili yokuthengisa izabelo ikwelizwe lesithathu, ngokunjalo. imisebenzi yentengiso okanye yokuzinzisa. Emva kokuba imakethi yesitokhwe sikazwelonke inyuke yaya kufikelela kwi-7%.