The Spanish Variable Income manages to excel the rest of the European places Supported by the impulse in Wall Street of technology, protagonist this week with two of the Big Tech that present results and with new maximums in their indicators.
Although the day has developed negatively, The Spanish selective turned around to exceed 14,000 points and has closed with slight advances At the end of the session, while the banks, which have dragged down to the indicator since first hour, have corrected positions and even in some cases, such as Santander, they have turned around.
In this way, at the close of the session, the IBEX 35 recovers 0.3% to 14,031.50 points with the advances of values such as ArcelorMittal 4.36%, it acts renewable energy 2.98% and Acerinox 2.66% and the falls that undergo 1.46%, Sacyr 1.34% and BBVA 0.74%.
Among the news of the day, again to First Plane the hostile OPA on Banco Sabadell de BBVA. And it is that the latter has the option of raising the price of its OPA at 2.5 billion euros to counteract the amount of the extraordinary dividend announced by Sabadell, as the newspaper takes to its cover today Expansion. BBVA responsible have the possibility of modifying the conditions they offer to take control of their rival, especially the exchange equation, says this medium.
A week marked without a doubt for this matter, since on Thursday not only Sabadell presents results, but also its strategic plan until 2027trying to defend against the offer, and meanwhile, in recent days, there are numerous funds that have increased their presence on value.
Today, among the best of the Arceormittal day, with technical analysis also from EI. The technical analyst Álvaro Nieto points out that «our scenario a prioritize is positive for the next sessions, with an upward objective that remains active in the surroundings of € 30.88 per share. Therefore, provided that we do not attend daily closures below € 27.07 per share, it is highly probable that the price will end up reaching the upward target during the next sessions.
The advances in the amount of value come today from the hand of China that He has announced that he will build the largest hydroelectric dam in Tibet. Specifically, the country will invest the equivalent of about 167,000 million dollars to build it and will consist of 5 cascade dams.
And will have a great impact on the steel sector, since the demand for steel for this plant can exceed half a million tons, It will raise it and therefore the price of steel will rise, which will benefit the company.
More protagonists. Today HSBC analysts have adjusted the target price of Iberdrola, placing it at 17.60 euros per share, compared to the previous 17.80 euros. However, it is still a potential of almost 13% compared to Friday’s close.
Meanwhile, Morgan Stanley has raised the target price of Solaria to 10 euros per share, from the previous 8 euros. However, it is below the current price. In addition, Banco Santander analysts reiterate their recommendation to ‘exceed’ for Indra and raise the target price of 33.10 to 46 euros per share.
Already in the rest of Europe, the euro Stoxx 50 yields 0.29% to 5,343 points, CAC 40 falls 0.33% to 7,798 points, the Dax wins 0.04% to 24,297 points, and the session in London closes with increases for el FT 100 0.21% 9,010 points.
And in Wall Street, the advances are imposed in this week of results, tariffs and in which the president of the Fed, Jerome Powell, are expected tomorrow.
Although perhaps, the attention is put more even in the publication of results of two of the magnificent 7, in Alphabet and Tesla. And they already know that Tech always publish at the close of the American market.
Among the companies that have published this Monday, Domino’s Pizza has broken market expectations in comparable sales in the US, thanks to new items in the menu and promotions. The company registered A 3.4% increase in comparable sales in the US During the quarter ending June 15, above the 2.21% that analysts had predicted.
Verizon records advances of more than 4.5% after the telecos giant has broken market expectations both in the upper line and in the decline of its quarterly results report. The company scored some adjusted earnings of $ 1.22 per share on income of $ 34,500 million. Analysts had waited $ 1.18 per benefit and $ 33,740 million.
At the close of the Spanish session, the Dow Jones is shown with 0.41% profits to 44,525 points, the S&P 500 advances with maximum intradica 0.53% to 6,330 points, while the Nasdaq OMX rises 0.70% to 21,039 points, also on the way to new maximums.
Already in fixed income, strong cuts in the profitability of assets with The Spanish 10 years bonus that places its performance at 3,215% and falls 2.81%, compared to the 2.90% that gives the German Bund, up to 2,6130%. The Spanish risk premium drops an important 2.27% to 60.30 basic points.
On the other hand, in raw materials we see descents to Barril’s futures, with a brent, reference in Europe, of 0.35% to $ 69.03, while those of the American Texas, yield 0.38% to 65.80 basic points. Gold futures rise 1.56% to $ 3.410 per ounce.
The euro dollar gains positions with the cutting of the unique currency of 0.68% to 1,1705 units, while Bitcoin is placed at $ 118,789 per active, with light rise of 0.10%.