With the deadline of July 9 approaching, and Donald Trump ensuring that he will begin sending letters between 10 and 12 commercial partners, establishing unilateral tariffs, this Friday the Spanish stock market collects benefits to fire a bullish week, in which the selective bounces around 1.5%.
Specifically, the IBEX 35 opens with 0.52% drops at 14,109 points. Los Values that remain in this morning’s opening are Arceormittal (-1.01%), Amadeus (-0.45%) and Grifols (-0.38%). On the other side, the Higher increases are for acting energy (0.93%), Sabadell (0.80%) and Redeia (0.62%).
IBEX business protagonists
In the business news section, Banco Sabadell will celebrate on August 6, two consecutive extraordinary general meetings. In the first, at 10:00 a.m., the sale of its British subsidiary TSB will be voted, and in the second, at 1:00 p.m., the 50 -cents dividend distribution of euro will be voted for a title associated with that operation.
Ferrovial has completed the sale to the investment fund Ardian of its 5.25% participation at the Heathrow London airport, which will report an estimated benefit of 31 of million euros. The company has already announced this operation last February and was pending compliance with the conditions applicable to the transaction, something that has already managed to close for 466 million pounds (551 million euros).
ACCIONA has increased its participation in acting renewable energy to 90.03%, compared to 83.7% in October, through market purchases and financial swap contracts (SWAPS), according to the CNMV.
Goldman Sachs has emerged a 3.4% participation in Redeia (REE), something that did not happen since January 2008, as reflected in the CNMV records. Specifically, the US investment bank holds a share in shares indirectly of 2,121%, as well as another 1,283% in financial instruments.
We have also known new RECOMMENDATIONS IN DIFFERENT VALUES OF IBEX 35 For today: BNP Paribas Exane maintains its sale recommendation at Repsol with an elevated target price of 8 to 11 euros; Grupo Santander maintains its recommendation to overcome Endesa with a high target price of 29 to 29.50 euros; Intessa Sanpaolo maintains its neutral recommendation in Caixabank with a high target price of 7.90 to 8 euros; and Alantra Equities maintains your recommendation to buy Acerinox with a reduced target price from 12.70 to 12.30 EUR.
Out of the IBEX 35, the technology consultant Iron ijertis It opens today in the Spanish continuous market. He abandons the BME Growth in which he was quoted since November 2019.
Other markets
In the rest of European parks also prevail the red numbers. The Dax yields 0.3%, over 23,828.19 points, the FT-100 falls more than three tenths, over the 8793 points, the CAC-40 falls more than half a percentage point, over 7,712 points, Eurostoxx 50 opens in the 5315 points after leaving 0.5%and the FTEse MIB goes back 0.15%, over 39,884 points.
The main ones Asian indices They move with a disparate sign this Friday, with the Japanese Nikkei adding 0.09%, to 39,820 points. In China, CSI 300 rises 0.28%, while Shanghai SSEC records 0.24%. Hong Kong Hang Seng yields 0.78%. For its part, the South Korean Kospi falls 1.99%.
The S&P 500 and Nasdaq indices closed to new historical maximums on Thursday after a better employment report than expected, while Nvidia’s shares shot and their assessment approached 4 billion dollars. Specifically, Dow Jones rose 0.77% to 44,828.53 points, S&P 500 won 0.83% in 6,279.35 points, and Nasdaq Composite advanced 1.02%, at 20,601.10 points. Today Friday Wall Street will remain closed by the July 4 holiday.
After yesterday’s closure from Wall Street, Congress approved by a narrow margin the Trump Fiscal Law Projectwhich will add 3.4 billion dollars to the national debt of 36.2 billion dollars, according to the Congress Budget Office. The legislation, whose approval has caused discrepancies within the republican party itself and which Trump refers as its “great and beautiful law”, expands the tax cuts implemented during its first mandate and allocates billions of dollars to defense and migratory control, while cutting funds for medical care programs, food assistance and clean energy projects.
Petroleum futures fall after Iran reaffirmed their commitment to nuclear non -proliferation and given the expectations that the main producers agree to increase their production this weekend. Specifically, Barril Barril Brent Cut up up to $ 68.67, while WTI is paid at $ 66.97). The group of oil producers is expected to OPEC+ agree to increase production by 411,000 barrels per day at your policy meeting this weekend.
The euro continues to advance against the dollar and at the moment the euro dollar rises 0.20% to 1,1782.
In the cryptocurrency market, Bitcoin quote at 108,933 and Ethereum in the $ 2,559.43.
In the land of fixed income, the ten -year Spanish Bonus Profitability It descends to 3,207%.
In the agenda macro Today we will have the industrial production of Spain and France, the IPP of the Eurozone and the factory orders in Germany.