The IBEX 35 closes with rings of 1.20% to 13,446.70 points. At the head of the climbs is IAG (Iberia), which is recorded by 6.56%, followed by 4.88% of Arceormittal and 4.43% of Indra. Among the falls, Solaria is left 4.04% and Redeia (REE) 3.78%.
The Selective Madrid, who yesterday kept closed by Labor Day, accumulated until today a 0.5% decrease in the week, after the falls produced on Tuesday and Wednesday, the last two days of April. On Monday, a blackout day throughout the Iberian Peninsula, closed positively.
One of the issues to which investors paid the most today was to the novelties in tariff matters. ANDThe China Government confirmed today that it is «evaluating» the possibility of negotiating with the US. «The US has recently sent messages to China through the relevant parties, hoping to initiate conversations. China, currently, is evaluating this,» said the Chinese Ministry of Commerce. «If we fight, we will fight until the end; if we talk, the door is open,» he said.
Among the business news of La Jornada, today Banco Sabadell and BBVA were returned to be protagonists of the session after the National Commission of Markets and Competition (CNMC) gave a series of commitments (‘Remedies’) on Wednesday to guarantee the presence of Sabadell offices and access to ATMs in little populated areas, with low income or with little competition.
Now it is the government’s work to decide what will happen. For now, Yolanda Díaz, vice president of the Government and Minister of Labor and Social Economy, has asked to stop the operation since she considers that she will have «a very negative affectation» to employment, to public services and the country’s economy.
And another of the great monoparanators of information in recent days has been Redeia, and today, in the midst of the blackout, it was not going to be very different. The company has announced that “it has completed” the delivery of all the requested data to the Commission for the analysis that this event is investigated. With the delivery of this material «the company responds to the requirements of the competent authorities with which it has been collaborating since the beginning of the incident,» he said.
In addition, we knew today that Blackrock has decreased its participation in Redeia from 5.020%to 4.992%, which has taken it to Amancio Ortega to occupy the position of second majority shareholder, with 5%, after the SEPI.
In the field of recommendations, Barclays and Morgan Stanley raise the target price of AENA to 240 euros per share, compared to the previous 232. Meanwhile, Morgan Stanley raises the target price of Arceormittal to 30 euros and Barclays that of Caixabank to 6.70 euros, from 6.20.
On the other hand UBS raises the target price of Banco Santander up to 7.25 euros per share, compared to the previous 7.15 euros.
The market digests the macro data
In the macroeconomic agenda Today, we have known the figures of PMI manufacturing from Spain, Germany, Eurozone and the US. In addition, the IPC advanced of the Eurozone of Aprilwhich is 2.2% in April, stable compared to March.
Among the most outstanding figures of the PMIS manufacturing, the manufacturing PMI of Spain fell to 48.1 in April, from 49.5 in March and below the expected 50, while the German data is checked up to 48.4 in April, from a preliminary reading of 48 and 48.3 March.
In USA The I has been publishedApril employmentwhich arrives after the GDP data known this week has renewed fears about the US entry into recession. However, these fears go back when they know that, according to the data published by the Department of Labor, The American economy generated 177,000 new jobs in April, more than the 133,000 that economists had anticipated surveyed by Dow Jones, although a fall with respect to the 185,000 of the March revised data (228,000 in the initial reading). The unemployment rate remained stable at 4.2%.
With a market that has been processing these figures throughout the session, European stock market 38,291 points, while the euro Stoxx 50 gains 2.39% in the 5,283 points.
Wall Street opened today with Dow Jones up 1.10% to 41,199 points, S&P 500 advanced 1.05%, at 5,662 points, while NASDAQ rose 0.90% to 17,870 points.
In Asia, the main indexes that were quoted today did it in green, with the Japanese Nikkei closing with a 1.04% rise in the 36,830.69 points. China keeps closed by festive until Tuesday, but the Hang Seng of Hong Kong rose 1.74%, while the Kospi South Korean rises a slight 0.12%.
Regarding fixed income, the Spanish reference bonus to 10 years offers a secondary market performance of 3,172%, which leaves the risk premium with respect to its German counterpart in 65.30 points. On the other side of the puddle, the 10 -year -old bonus obtains a return of 4.302%.
Already in the raw material market, oil prices They fall, with the operators they square positions before the OPEC+ meeting and in the midst of a certain skepticism about the possible unwinding of the commercial dispute between China and the United States.
In this way, the Brentof reference in Europe, falls 0.92%, to $ 61.56 per barrel, while the future of the West Texas intermediate oil are left 1.18% to 58.54 dollars.
The euro dollar rises 0.60%, to establish the exchange rate by $ 1,1358 for each community currency. Reviewing the main cryptocurrencies, Bitcoin rises 0.6% to $ 97,688, while Ethereum remains plane in the $ 1,847.