Archive for September 2nd, 2021

September 2, 2021

How about the Bolsa de Madrid!

Let me tell you another story of my beloved Madrid. This is not something you go just for tourism but it can be visited and well worth the educational trip. I like to tell you about the Stock Exchange or Bolsa de Madrid. It is a building that when young I do not think about it, but as I grew older and invested, became very much interested in visiting. I remember in my late teens my school in NJ took me to visit the Wall Street stock exchange and it hit me. Therefore, later on my visits to Madrid, decided to pay a brief visit without any guides just walk around it. It has a nice history to it.

The Madrid Stock Exchange or Bolsa de Madrid  is the main stock market in Spain. It is based in the Palacio de la Bolsa. Its reference index is the General index of the Madrid Stock Exchange (IGBM). or Index General de la Bolsa de Madrid.


A bit of history I like

13C: The Juros (promise debt to pay) were paper emissions of the State by which a debt was guaranteed, being these the first form of public debt. It was in Castilla where the first titles of values that were created were the so-called Royal Juros, a loan contracted by the Kings that granted to different personalities.

14C: The recruitment markets, the first created by king Jaime I of Aragon in Palma de Mallorca, in 1246, although it was not built until 1409. We still have some of these buildings such as the Lonja de Palma de Mallorca, Zaragoza, Valencia and Barcelona, not forgetting Casa Lonja in Sevilla, dependent on the Casa de Contratacion de las Indias (hiring house of the Indies) since 1503, the headquarters of the General Archive of the Indies (new world), which collects company documents related to the commercial monopoly that it maintained with the Hispanic possessions in America for more than two centuries. Since the 16C there were exchange brokers, Lonja, Royal vouchers (Vales Reales) or customs.

In the midst of the War of Independence (peninsula war)  Joseph Bonaparte was appointed King of Spain in 1808 by his brother Napoleon Ier. Joseph I Bonaparte in 1809  made the decision to establish the first stock exchange in Madrid, however, he did not get to started it.

In 1831, reigning king Fernando VII, passed the law that gave origin definitively to the Bolsa de Madrid: The Law of Creation and Organization of the Bolsa de Madrid. The stock exchange had been defined in article 64 of the 1829 trade code as:  “A place of meeting of merchants and mediators where the operations of the hiring of movable assets are conformed or fulfilled “.  It was promoted with the law the creation of a market similar to those existing in other countries, such as that of Paris created in (1734), London in (1804) or New York in (1817). In 1854 begins the publication of the Bulletin of contributions and during the Liberal period  the peseta (Spanish currency) will be born.

On October 20, 1831, the institution of the Madrid Stock Exchange inaugurates its first session at the consulate of the Plaza del Ángel. The Bilbao Stock Exchange was inaugurated in 1890, the Barcelona Stock Exchange in 1915 and in 1930 the Valencia Stock Exchange was created. The hiring system is made in a lively voice, or a system of roll calling. In 1856 the Bank of Spain was born and in 1868, in addition to the Bank of Spain, nine banks or credit companies were listed in it, 17 railway companies and 34 mining and utility companies!

In 1898 there is a great crisis and the trading decline as a result of the loss of CubaPuerto Rico and the Philippines, suffering the prices of stocks a fall of 20%. In 1900, there is a reborn strongly due to the repatriated capitals of Cuba and the Philippines. While in 1900,  61 companies were quoted in the first 20 years the number of companies quoted was multiplied up to 121 with special growth in electrical companies, some bank and industrial companies.

During ,WWI, the Madrid Stock Exchange remains open and the increase in trading and expansion continues. The beginning of the Spanish Civil War obliges to suspend all its activity until March 5, 1940, in which it opens its doors again. It was in December of that same year that the General index of the Madrid Stock Exchange (IGBM) was born. With base 100, it was set to zero every year. Of the 28 companies that formed part of the long index created with base 100 on December 31, 1940, only three survivors remain, excluding the companies integrated or merged in new groups: Banco Espanol de Credito (up to 2014 Banesto), Inmobilaria Metropolitana (real estate, its current name is Metrovacesa) and Telefónica.

In 1989 begins to operate the continuous market for stocks (CATS: Computer assisted trading System). In 1991 the figure of the investor Protector of the Madrid Stock Exchange will be created and the electronic system of fixed income trading will be launched. In 1992 the SCLV is launched, which is a new clearing and compensation service, which initiates the new liquidity system by annotation in account and in 1993 and all fixed income emissions become contracted by an electronic system. In 1995 CATS is replaced by the system of interconnection Spanish Stock Exchange (SIBE). Since January 1, 1999 the stock trading is carried out exclusively in euros and that same year the Latin American securities market was launched in euros under the name of Latibex.

In 2002 the Madrid Stock Exchange will be integrated into the Spanish stock exchanges and markets group. The BME owns 100% of all Spanish stock exchanges, of the private and stock market of fixed income, of the platform of procurement of public debt (SENAF), of the derivative market (MEFF), as well as of the central depositary and the Chamber of Creation and Compensation of Values called Iberclear. On July 14, 2006, BME himself went on the market with a capitalization close to 25 billion euros.


A bit of a trajectory locations for the Bolsa de Madrid.

Between 1831 and 1850 the Bolsa had six different venues. In the Plaza del Ángel, corner with Calle Carretas was for a year. In 1832 it moved very close, to a narrow courtyard of the Philippine Company House on Calle Carretas. In 1841 it passed to the cloister of the Convent of San Martín and in 1846 to the Church of the Convent of the nuns Bernardas  in Calle de  Alcalá, corner with Calle Peligros. In 1847 he moved to the Monastery de Los Basilios, in Calle Desengaño. In 1850 it passed, to the old customs building, in the Plazuela de la Leña. There, during the First republic a new building was built. Meanwhile, the Stock Exchange sessions were held at the theater and circus Paul, in the centric Calle del Barquillo. In July 1878 the construction of the present Palace of the Stock Exchange was approved in the Plaza de la Lealtad. The works began in January 1886; It was inaugurated on May 7, 1893 by the Regent Maria Cristina.

The Madrid tourist office on the Bolsa de Madrid:

Private trade center firm with lots of history on the Stock Exchange or Bolsa de Madrid in Spanish (most above translated from here):

The official Bolsa de Madrid webpage in Spanish:

There you go folks, a dandy worth the detour , great visit indeed something on the off the beaten path trails in my Madrid. Hope you enjoy the Bolsa de Madrid as I; it is a nice place to do something different in Madrid!

And remember, happy travels, good health, and many cheers to all!!!

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September 2, 2021

Kercado sports center and covid19!

Well something that is fashion nowdays is the problem of the covid19 or pandemic virus from the east. There is really no public information on the details of how this came about althought I know and many know where it started with little information coming from there. The rush has been to vaccinate the entire population which in France is around the 80%. However, already the media is bombarding our brains about the possibility of a third vaccine due to the variants (mutations) of the virus. We are now with the health pass or passe sanitaire to be able to travel , visit restaurants cinemas etc. And the beat goes on in the new world order.

The next thing they will make a science fiction movie of all this for future generations. In the meantime protect yourselves with the usual recommendations of wash hands, put on your mask ,and keep away one meter (except for sex I hope!) As we went thru the procedures, let me tell you ours.

I went online to the site of doctolib and got me appointments to the Kercado Sports Center in Vannes as there they use the pfizer vaccine. In my town of Pluvigner they were using the Aztra-Zeneca but I refuse to take that one, my choice. The appointments were easy, you are alerted by email and sms of your date and time, you go there with the appointment info, your health insurance card (carte vitale), the citizen identification or carte d’identité and go thru the line according to your time. Very quickly in, to a desk to present your identification information, then filled out a simple one page form not having any problems or , and then to a big hall (basketball court) where you are seated to await your call for the vaccine. The vaccine is done effortless and painless ,and afterward you to a seated area where you wait the 15 minutes in case of side effects, you are call and given your proof of vaccination which is good for all. That’s it folks very easy simple and free!

Vannes kercado omnisports covid vaccines center XF day 24aug2021

For the pandemic, the main hospital here use it as a vaccination center or vaccindrome, The Bretagne Atlantique Hospital Center opened a giant vaccination center last April 6 2021 in the Kercado sports center in Vannes . The goal is to provide 1,000 injections each day, up to 1,500 the following months. The center is open Monday to Saturday from 8h45 to 17h15. You will have to make an appointment there, online or via the telephone platform on 33 (0) 2 97 01 99 56. We did ours thru doctolib webpage:

vannes kercado omnisports vaccine center 08jun2021

The city of Vannes on the vaccinodrome in the Centre Sportif de Kercado

Centre Sportif de Kercado, 28 Rue Winston Churchill, 56000 Vannes. The Sports Center of Kercado is a great sports venue in Vannes, I have to admit until the vaccination for the covid19 virus I have never been in it lol ! However, once in it was curious enough to find out more about it.

The Kercado sports center is huge with several buildings, In it you can practices such sporting activities as having on site one football field of honor, two stabilized fields, one grass field for mini football, one synthetic athletics track (400m); one asphalt athletics track (250m), nine outdoor tennis courts with free access, skate park, one athletics throwing area, one sports course, five PE arenas, one archery range , three sports halls, one specific gymnastics hall, one weapons hall, and one open archery pitch, The favorite sports are Fencing (Epée / Foil / Sabre), Football / Indoor Football (Futsal), Acrobatic Gymnastics, Artistic Gymnastics, and Rhythmic Gymnastics, The sports center has hosted several major competitions, including the Women’s Eurobasket in 2013 and the famous Harlem Globetrotters in 2014. It has a capacity of 1,000 seats and parquet flooring.

The sportsenFrance webpage with more description on the sports side :

There you go folks, now you are all cover, literally! One sure off the beaten path place in my capital city of Vannes which awaits better times to be able to see some good sporting event here like the city basketball (prénationale division men and women) or volleyball (prénationale men and women )teams! Hope you enjoy the post for the anecdote of it all

And remember, happy travels, good health, and many cheers to all!!!

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September 2, 2021

The beaches of Plouharnel!

This is a town we came to from a friend at work who does a lot of surfing here, We came to see it and remind me of my old life in Florida, I will be telling you about beaches in Plouharnel ! a rather timely post. The ishtmus before getting into the Quiberon peninsula, I have written other posts on these but not on the beaches of Plouharnel, Therefore, here is my small contribution to the town and its beaches in my blog. All to yourself and the ocean waves just magical me think. Of course, Plouharnel is in my beautiful Morbihan, and lovely Bretagne !


And while no tipping the toes in the water these days, we do walk around the vast beaches for a quiet walk of stress buster from the every day grind and its the best natural remedy there is. The thrill of seeing folks enjoying the beach and the sights of Summer is just wonderful, As it is a very dedicated beach to surfers is crowded with them, sometimes you think there are seals out there, Here is my remedy for all, hope you enjoy it and knotted down for a summer in the Morbihan! Glorious!

The nicer beach here and clean, safe even if more suited for surfers and kites folks ,lots of waves; the rest was nice. A very popular place for surfers around here indeed. This is plage Sainte-Barbe beach . While being a natural beach it is also Plouharnel’s most comprehensive. Bordered by gorgeous sand dunes, it opens up to Ile-de-Groix on the right and Belle-ïle-en-Mer  to the left, all whilst having a view to Quiberon’s wild coast (côte sauvage). (see posts) ,The northern parts of the beach or Erdeven (see post) way are reserved for water sports such as conventional surfing and kite surfing.  The beach is monitored during summer with the lifeguard station can be found at the main entrance. Please note that leashed dogs are allowed on this beach, and my Rex love it!!!


Other beaches of note in Plouharnel are:

Mentor’s beach is not a well visited beach!. No doubt because the access road can be a little crowded during summer!! well after all it is in a peninsula lol! , but out with weekends and peak times, it’s all good! This beach has many attractive qualities: fine sand, dunes, natural surroundings, areas to both surf and kitesurf (which makes for entertaining watching), and our four legged friends are also welcome here, just as long as they are both leashed and well-trained.

Mané Guen is Plourharnel’s southernmost beach and the closest to the Quiberon Peninsula. Known for its water sports, it has various areas reserved for conventional surfing and kitesurfing, however it is also well appreciated by swimmers for its nearby parking . Leashed dog are also allowed on this beach.

Plouharnel’s Sables Blancs beach (White Sands ) can be found right at the northern tip of Quiberon Bay , and south of Plouharnel Bay. This beach is frequented more by connoisseurs or those staying at nearby camping sites, than others. Indeed the first time we went it was all camping car but the facilities and beach are good for all. This beach does have its advantages such as  warm shallow waters; a natural, untouched setting despite the nearby camping sites, and a great place to go foot-fishing at low tide! For the sporty ones, you can also practice kitesurfing here.


And the one I stop by and gaze the bay do a walk and is the least known but openly available right off the road D768 curvature along the bay and across from the military Fort de Plouharnel (see post). This is Bois d’Amour beach ,no lifeguard no facilities just open wide beach along the Quiberon’s Bay. Enjoy them at will no limits !!


The Bay of Quiberon tourist office on Plouharnel surfing beaches

My fav beach webpage plages tv on the beaches of Plouharnel

The city of Plouharnel on surfing beaches information

And there you go folks, just to tell you about these wonderful beaches of Plouharnel in the huge complex that is the Bay of Quiberon and its Peninsula or Presqu’ïle de Quiberon , my fav place in all of Bretagne! Hope you enjoy it as I.

And remember, happy travels, good health, and many cheers to all!!!

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