The Spanish stock market suffers again, after yesterday’s break, for tariffs, with the implementation of China to the United States in response to those of 104% decreed against the products that reach the US from Beijing by Donald Trump.
Specifically, in what promises to be an already decided indication of A bloody trade war, from China from 34 to 84% To American products while Europe begins to implement the response, because today the remaining 10% has already entered into force, with the total 20% tax.
Already specifically, The EU has given the green light to the first batch of tariffsa formal step that will allow the EU to adopt next Monday surcharges of 25% over 21,000 million euros in purchases to the US in retaliation for also taxing 25% steel and European invoice aluminum.
In this environment, lThus falls have happened in Asia since early and they have continued in the rest of Europewith those of the Spanish Bag of inferior amount for two fundamental reasons. The first is because of Inditex’s resilience, which yields slightly and banks, which despite adding new declines to those already occurred since last day 2, have not been as deep as on previous occasions.
In this way, at the close of the market, the IBEX 35 loses 2.22%to 11,797.60 points with the cuts that occur in Grifols to 7.88%, Fluidra 5.66%and Telefónica 4.70%, those of greater amount compared to those of less as Inditex 0.16%, Unicaja 1.06%and Caixabank 1.10%.
Among today’s news, Banco Santander, according to the Bloomberg agency, could be exploring options to disable in its Polish subsidiary. Currently, Banco Santander has about 62.2% of said participationmajority in the entity called Santander Polska. Meanwhile, from the bank they have not made comments about it.
For Jefferies, «the business contributed 6.4% of the group’s benefits and 4.4% of RWA (risk weighted assets) in 2024. We estimate that a hypothetical sale at current market prices would release approximately approximately 7,000 million euros of ordinary income. Capital for the group (8% of the stock market capitalization).
Meanwhile, Barclays places IAG (Iberia) in underprate with target price that reduces in the London bag, From 250 to 200 pence per share, with the transfer in euros of 2,911 euros per share up to 2,329 euros per share. And that supposes a drop of up to 15.86% from its current price, so clearly negative potential for value.
For their part, our technical analysts examine today’s bassist, Grifols A, because during the last sessions the price of Grifols is attacking levels of relevant supports between 7.77 and € 8.03 per action. In this way, the price would activate an important bearish objective if a daily closure is produced below € 7.77 per share.
For Arceormittal, Citigroup analysts have decided to cut the target price of the alerera to the 26 euros per actionfrom the previous 28 euros. The recommendation remains in ‘neutral‘. The new assessment is a Alcista potential of 14.89% in front of yesterday’s closure.
In the case of AENA, in its Board of April the distribution of a dividend of 9.76 euros gross per action will be voted for the results of the 2024 exercise. This amount represents an increase in the increase of the 27,4% compared to the payment made in the previous year.
Already in the rest of Europe, at the end of Wednesday, deeper and more generalized falls than in the Spanish market, with the Euro Stoxx 50 drops 3.19% to 4,620 points, CAC 40 loses 3.34% to 6,863 points, the Dax trim 2.91% to 19,666 points, and the session in London ends to el FT 100 with decreases of 2.99% to 7,674 points.
In Wall Street, a positive sign, already with recovery in all the indicators, which had opened mixed with the Nasdaq bouncing and the S&P 500, to which the Dow Jones added at the last minute.
In the business field, one of the protagonists in spite is Apple. The technological giant has suffered a lot in recent days, since it is expected that an increase in costs with the arrival of the new tariffs of China is expected. The actions almost 23% have fallen in the last four dayswhich marks Apple’s worst in that period since October 2000. The company has also seen as Microsoft snatches the throne of the most valuable quoted company in the world.
The looks are also directed to Walmart, which He has withdrawn his operational income forecast for the first quarter, due to uncertainty about the possible impact of tariffs generalized about China, Vietnam and other countries. The retail giant emphasizes that it prefers to «maintain flexibility to invest in prices as tariffs are implemented», so it does not provide a new range. Walmart had projected an increase of between 0.5% and 2% in adjusted operational income for the first fiscal quarter.
Today has presented its quarterly results Delta Air Lines, with profits per share of 37 cents per share and operating income of 14,000 million. The market consensus had predicted 39 cents per share and income of 13,460 million dollars. The airline has cut its forecast by 2025since the commercial war alters the expense expectations of companies and homes and reduces reserves in the tourism sector.
At the close of the Spanish Stock Exchange, Dow Jones wins 0.31% up to 37,763 points, the S&P 500 advances 0.55% to 5,009 points and the Nasdaq OMX revalue 1.28% up to 15,465 points.
In fixed income, mixed tone with The Spanish 10 -year -old bonus, with drops of 0.24 %% to 3,332% while the German Bund has 1.90% cuts to 2,5745%. The Spanish risk premium undertakes with increases in two days of 19%. Today it advances 6.6% to 76.80 basic points and is the one that rises the most in Europe.
In raw materials, with lead falls for barrel futures. He Brent that yields 4.57% to $ 59.96 while, the West Texas places its price at 56.69 and drops 4.83%.
Gold, rises strongly as an active refuge, Up to 3099 dollars per ounce while earning 3.63%.
Bitcoin already yields more than 1.2% to $ 77,500 per active.
And the Euro Dollar ratio, in which the green ticket yields almost 1% positions and places the ratio between both currencies in 1,1062 units.