To complete the final stretch of the year, the Spanish stock market marks this Tuesday its thirteenth all-time high of 2025, the seventh that occurs in the month of December, with a selective about to reach the level of 17,200 points.
A day with few movements, but from less to more, thanks to renewables and the final positive push from the banks that has led to this new record, with moderate but sufficient purchases.
Thus, the IBEX 35 marks a new record with increases of 0.14% to 17,182.80 points thanks to the advances of Solaria 2.55%, Banco Sabadell 1.24% and Naturgy 1.12% and the falls experienced by Puig 1.86%, Ferrovial 1.53% and Grifols A 1.27%.
In terms of news, follow Iberdrola, which is recovering positions today. We announced it yesterday after The US Government issued an order to stop work on five offshore wind farm concessions.among which is the ‘Vineyard Wind 1’ project of Iberdrola’s US subsidiary, Avangrid, and the Danish firm Copenhagen Infrastructure Partners (CIP).
In a statement, the Department of the Interior assured that the measure «addresses emerging risks to national security, including the rapid evolution of relevant adversary technologies and the vulnerabilities created by large-scale offshore wind projects near population centers on the East Coast.» The Trump Administration believes the pause will allow “time to work with tenants and state partners to evaluate the possibility of mitigating the national security risks posed by these projects.” However, analysts highlight that the impact will be limited for the Spanish company.
Early this morning Fluidra informed the CNMV that it has completed its initial 27% investment in Aiper. The Spanish company becomes a minority partner with a significant stake in a rapidly growing manufacturer of cordless pool cleaning robots, focused on technology and innovation.
In the financial sector, Five Days highlights that Banco Santander and BBVA lend 1.9 billion to Netflix for the acquisition of Warner Bros. Discovery.
In the Continuous Market, Almirall sues the Indian generics giant Sun Pharma for a patent worth 250 million, according to a publication The Economist.
In addition, Atrys Health has informed the CNMV that it approved at its extraordinary general meeting of shareholders, held last Friday, December 19, the sale of its subsidiary Aspy Global Services – the group’s prevention division – to the Echevarne Group for 145 million euros. The amount of the operation will be paid on the closing date and will be subject to the adjustment for net financial debt.
Furthermore, the National Securities Market Commission (CNMV) has accepted for processing the application submitted by Neinor Homes to launch a second Public Acquisition Offer (OPA) on Aedas Homes, with the aim of purchasing from the minority shareholders the 20.8% of the capital that it does not yet control in the real estate developer at a price of 24 euros per share.
Already in the rest of Europe, general advances, except in Paris, the EURO STOXX 50 rises by 0.09% to 5,748 points, the CAC 40 falls by 0.21% to 8,103 points, the Dax gana 0.19% to 24,342 points and the FT 100 rises at today’s close 0.21% to 9,886 points.
Remember that tomorrow Neither the Euro Stoxx 50 nor the Frankfurt Dax will open its doors and that there will be a reduced session, as in the Spanish stock market, for London and Paris.
Hoy Novo Nordisk It is the great protagonist among European values. They rise above 9% after learning that the US Food and Drug Administration (FDA for its acronym in English) has approved the ‘Wegovy’ pill, becoming the first oral therapy with GLP-1 authorized for weight control.
Novo Nordisk hopes to launch ‘Wegovy’ pill (25 mg oral semaglutide given once a day) in the US at the beginning of January 2026.
Already on Wall Street, moderate but generalized advances for all indicators with an eye on the Santa Claus Rally that investors expect.
In the business sphere, much of the interest continues to be focused on the battle between Netflix and Paramount to take over Warner Bros. Discovery. Warner’s board of directors has opted for Netflix’s offer, and prominent shareholder Harris Oakmark, the fifth largest shareholder with 96 million shares (about 4% of the capital), seems to agree with them. «We consider that both agreements are a coin toss, and changing course has a cost. If Paramount really wants to win, it will have to offer a greater incentive,» he says in statements to Reuters.
On Monday, Paramount amended its $108.4 billion hostile takeover bid to bolster its financing. Oracle co-founder Larry Ellison, whose son David owns Paramount, now personally guarantees $40.4 billion of the bid to acquire Warner Bros. Shareholders have until January 21 to accept or reject the offer.
Huntington Ingalls Industries rises 5% after Bloomberg reported that US President Donald Trump plans to meet with several defense industry executives next week to urge them to invest more in weapons and research and development.
AST SpceMobile shares fell 3% on Tuesday morning, correcting part of yesterday’s sharp 14% rise. Starlink’s rival company soared following President Trump’s signing of an executive order last week to ensure US «superiority in space.»
At the close of the Spanish session, the DOW JONES rose 0.14% to 48,430 points, the S&P 500 advanced 0.18% to 6,891 points and the Nasdaq OMX gained 0.23% to 23,482 points.
In the rest of the market, we start with the fixed income market, with cuts in the 10-year Spanish bond, from 1.5% to 3.292% while in the case of the German bund, there are decreases of 1.53% to 2.8624%. The risk premium drops a resounding 4.58% and corrects to 42.91 basic points.
In raw materials, oil slight cuts for the future of the Brent barrel to 61.98 dollars, from 0.13 while West Texas places its price at $57.98, and gives up 0.03.
Gold falls from its intraday highs, which today it once again exceeds at $4,530, and at the close of the Spanish stock market it stands at $4,487 per ounce with an increase of 0.39%.
Now Bitcoin, again with significant cuts of 1.9% to $87,905 per asset. Finally, in the Euro Dollar relationship with a rise for the single currency of 0.15% to 1.1774 units.