The Spanish stock market remains clear more by volatility that because of the atony to what has happened in this fourth stock market session in the Spanish Stock Exchange. And it is that two lives today had the Ibex 35.
We have seen the first assault until half past four in the afternoon, when IBEX has shown cuts higher than the percentage point capitanened both by the IAG (Iberia) and by Amadeus.
And the second, after the general improvement of the values, which reversed until they were positive, with the advances of the banks, which turned around, with important cuts, but minors with which he marked for the second consecutive session downward and the increases of Indra leading the selective, after even showing himself in some moments of the session.
Even intradic The selective was below 14,000 points which has clearly recovered at the close of the session. In this way, the IBEX 35 closes on Thursday with falls of 0.31%to 14,088.90 points with the falls of values such as IAG (Iberia) 3.59%, Amadeus 3%, Acerinox 2.41%and and the increases that experience 1.42%, Banco Sabadell 1.21%Solaria 1.21%.
Among the protagonists, IAG that fell to lead more than 4%, penalized after indicating the American media than Israel raises the possibility of a unilateral attack against Iran as negotiations between the US and Iran seem to be closer to a preliminary agreement or frame that includes provisions on the enrichment of uranium that Israel considers unacceptable. An attack that would face the two administrations, so far with more than a good relationship between Trump and Netanyahu.
In this way, the entire sector, also Amadeus looked clearly diminished, falls that have been corrected at the close, also for Aena.
It is also news, it is the Biotest Grifols OPA It has been accepted by 2.11% of ordinary shares with vote (1.05% of the capital) and, by 15.18% of preferred actions without voting rights (7.59% of the social capital) of Biotest, as the company has communicated to the National Securities Market Commission (CNMV).
Grifols will pay 108 million euros to acceptors and, will control 99.25% of ordinary shares and 61.40% of the preferential ones. OPA settlement is expected to be held on June 16. Biotest stopped quoting on Frankfurt’s bag on June 6.
Inditex, again a day under pressure today with the general amalgam of the new recommendations of the analysts. Among those who see Inditex with better eyes are those of Jefferieswith a recommendation to ‘buy’ and an objective price of 54 euros per share which is 15.60% above the current contribution. «Our estimates remain unchanged after publication, but the relative merits of Inditex are reinforced, which keeps shares in an advantageous position in a broader discretionary market with problems.»
More pessimistic are the analysts of German bankthat have reduced the inditex target price to the 48 euros per sharefrom the previous 50 euros. In this case, the bullish potential is only 2.76% compared to the current price. The Bankinter analysts have reduced the target price to 47 euros per sharefrom the previous 49.5 euros, just 0.6% above the current level.
Today, at the close, the CAT’s decision is expected, the IBEX 35 Technical Committee on whether or not there will be changes in the selective, although they are not expected due to the low volume of negotiation of the most liquid values in the continuous market with respect to those of Ibex 35.
In Europemixed session at the close of less for the indicators, with investors who are still concerned about the general situation. At the close, the Euro Stoxx 50 drops 0.60% to 5,359 points, CAC 40 cuts 0.17% to 7,762 points, the Dax desciende 0.84% to 23,768 points, and the London session is shown up el FT 100 in 0.23% to 8,864 points.
And in Wall Street, a warm session, with few advances led by those of the Nasdaq, after marking a negative sign in the futures in the American morning.
In the corporate section, Boeing Co’s shares fall 5.1% in the opening after an Air India plane with more than 242 people has crashed in the city of Ahmedabad, to the west of India. The Fumtradar24 aviation monitoring website indicates that it is a Boeing 787-8 Dreamliner, which was delivered to Air India in 2014. The punishment also reaches the Motor manufacturer GE Aospace, which records a 1.5%drop.
Gamestop collapses 19.3% in the New York parquet after announcing an issue of 1,750 million dollars in convertible senior bonds. The funds will be used for “general corporate purposes, including investments,” said the company. Among them, probably, the purchase of Bitcoins. The titles issued are convertible into the company’s actions or a combination of cash and shares; The conversion rate has not been determined.
To also take into account that Chime debuts at Nasdaq This Thursday after collecting 864 million dollars in its initial public offer (IPO).
Thus, the Dow Jones is placed at 42,862, at opening levels, the S&P 500 consolidates the 6,000 with 0.22% profits to 6,035 points and the Nasdaq OMX that advances 0.20% to 19,655 points.
In fixed income, cuts in the profitability of assets, with The Spanish 10 -year -old bonus, with 0.77% drops to 3,083% While the German Bund has 2.13% cuts to 2,483%. The Spanish risk premium is promoted by 0.17%, for a market that is stressed, and marks the 60.10 basic points.
In raw materials, oil yields positions above the percentage point, with A future of the Brent barrel that drops 0.97% to 67.50 dollarswhile, the West Texas places its price at $ 67.54, and loses 0.87%.
Gold, rises strongly, 1.82% in its price in its future of $ 3,404 ounce.
Bitcoin already cuts positions, with falls of 1.88% and active levels of 107,703 dollars per ounce. And the euro dollar ratio that gains 0.74% positions for the single currency, and is changed at 1,1574 units.