Financial Report

Activities reading and writing

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ACTIVITIES

1. Look up the meaning of the underlined words.

FINANCIAL REPORT

CONTINUOUS MARKET

The Madrid Stock Market General Index closed this week at 739.12 points, which shows a rise of 2.27%. The Financial Services sector (Banks, Insurance and Holdings) went up by 3.24%; the Communications and Information Services sector (Telecommunications; Telematics and Software; Publicity, Press, Radio and TV) behaved positively and increased by 3.85%; the Market Services sector (Leisure, Tourism and the Hotel Trade; Transport and Distribution; Car Parks and Freeways; Real Estate; and Other Market Services) closed with a rise of 0.49%; the Consumer Goods sector (Foodstuffs, Drinks and Tobacco; Retail Trade; Textiles; Clothing and Footwear, and Other Consumer Items) finished positively, gaining 3.13%; The Investments and Intermediaries sector (Metallurgy; Construction Materials; Paper, Wood and Chemicals) improved on their stock price by 2.48%; the Energy sector (Electricity, Oil, Gas and Other Fuels) fell by 0.57%; the Construction sector gained ground with a 0.25% increase.

COMMENTS

On balance, the Spanish Market this week behaved positively. Concerns about the Brazilian economy were calmed thanks to the reassuring revaluation of the FMI. At the same time, the calling of the Argentine elections was also well received by the Market. On the other hand, the lack of information from Wall Street, due to the 4th July festivities and operations being limited to a half-day session on Friday, meant that traders took advantage of the situation to take up positions on the stocks most seriously affected. Notwithstanding, caution was felt among investors while awaiting the next results publication, accountancy irregularities in the U.S. and the recovery rate of the economy.

The Ibex-35 closed at 7,078.4 points and rose by 2.39% on the previous week.

TRADUCTION

* Indice General de la Bolsa de Madrid

* El sector Servicios Financieros (Bancos, Seguros y Participaciones) aumentó

* (Telecomunicaciones, Telemática y Software, Publicidad, Prensa, Radio y TV) se comportaron positivamente y aumentaron

* Turismo y Hotelería; Transporte y Distribución; Aparcamientos y autopistas; Bienes raíces; Y otros servicios de mercado) cerró con un aumento

* (Productos Alimenticios, Bebidas y Tabaco, Comercio Minorista, Textiles, Prendas de Vestir y Calzado y Otros Artículos de Consumo) terminó positivamente, ganando

* (Metalurgia, Materiales de Construcción, Papel, Madera y Productos Químicos) mejoraron en el precio de sus acciones

(Electricidad, Petróleo, Gas y Otros Combustibles) cayó un 0,57%; El sector de la Construcción ganó terreno

En definitiva, el mercado español

La falta de información de Wall Street

Significó que los comerciantes se aprovecharon de la situación para tomar posiciones sobre las poblaciones más gravemente afectadas.

1. Answer the following questions

a. What is the title?

Financial Report Continuous Market

b. Which products rise?

the sectors that rise they are:The Financial Services sector (Banks, Insurance and Holdings); the Communications and Information Services sector (Telecommunications; Telematics and Software; Publicity, Press, Radio and TV) ; the Market Services sector (Leisure, Tourism and the Hotel Trade; Transport and Distribution; Car Parks and Freeways; Real Estate; and Other Market Services); the Consumer Goods sector (Foodstuffs, Drinks and Tobacco; Retail Trade; Textiles; Clothing and Footwear, and Other Consumer Items); The Investments and Intermediaries sector (Metallurgy; Construction Materials; Paper, Wood and Chemicals)

c. Which products fall?

The Energy sector (Electricity, Oil, Gas and Other Fuels) fell by 0.57%

d. Which products neither rise no fall?

Any products

e. Who took advantage of the situation?

Traders took advantage of the situation to take up positions on the stocks most seriously affected.

1. Translate this text in English

Problemas