The Spanish Variable Income breaks a new barrier by signing ten consecutive climbing sessions. The selective accumulates eight maximum rupture sessions of 17 years and 7 months, since January 2008 and ten consecutive rising sessions, spraying the previous record of nine bullish sessions recorded in May last year. After exceeding yesterday the area of 15,200 points, and after making a maximum in today’s session at 15,337 points, closes the week at 15,277 points after rising 0.4% in the session.
With today, Ibex 35 closes the week with 3.5% increases and, in the 15 days we have been in August, the selective rises more than 6%.
From a technical point of view, Francisco Paris, Technical Analyst of Investment Strategies He recognizes that the selective «continues with important increases, sequence of maximum and minimum increasing that derives in important levels of overly IBEX 35 that would even allow to continue maintaining the bullish trend. »
Protagonist values in the Spanish Stock Exchange
Among the values that have supported the selective increases during the session are Amadeus, Aena and Cellnex. Amadeus closes with 1.3% increases, up to 72.20 euros, Aena advances just over nine tenths, about 25.64 euros and Cellnex shares close with 0.8% increases that will allow them to quote Monday from 30.50 euros.
The financial sector shows a disparate sign at the end of the week. BBVA has closed the session among the most bullish with 0.8% increases that take him to 16.48 euros. Banco Santander advances 0.3%, over 8,2440 euros, Banco Sabadell scores 0.2%while CaixaBank is passed to negative field with 0.1%falls while Bankinter goes back 0.3%, up to 12,9950 euros and Unicaja loses 0.7%, over 2,3960 euros.
Among the most negative values of the day, no one has taken the position to Indra. Falls of more than 1.6% at the close that lead to 34.20 euros. A value that corrects this month of August, in the heat especially of the possible agreement between Trump and Putin on the war in Ukraine, and that could fall to this level of support.
In the continuous market, Grupo San Jose has closed the session with increases of more than 6% followed by release 7 and haste, which rise more than 6% at the end of the session. In negative, Nyesa values and day have fired the session with falls of more than 2%.
On the corporate side, few news in this semifestive session in Spain. Today we have known that Jefferies has improved the target price of BBVA, up to 7.7 euros, with purchase recommendation.
Citi maintains its neutral recommendation on Unicaja with an objective price that increases from 1.65 to 2.22 EUR.
Barclays has maintained its recommendation to underfold colonial real estate and raise the target price of 5.20 EUR to 5.40 EUR.
European Bags, Wall Street and other markets
European stock markets close the session with less force. He DAX It remains plane over 24,360 points, the FT-100 BACK THROUGH THREE TENTHS, THE CAC-40 It rises more than 0.6%, around 7,922 points and Eurostoxx 50 It rises 0.2%, over 5,447 points.
On the other side of the Atlantic, the bags keep the tone of caution. The Dow Jones advances 0.10%, on the 45,058 points, the S&P 500 It remains plane at 6,453 points and Nasdaq 100 is left 0.3%, over 21,632 points.
In this market a macro data battery that have served to reduce the probability of interest rates of interest rates at the next meeting of the Fed. References such as retail sales, which increased 0.5% in July after an increased increase of 0.9% in June, as published by the Office of the Census of the Department of Commerce. Part of the rise in retail sales last month could be due to the increases in prices driven by tariffs, rather than volumes.
The operators continue to consider that the Federal Reserve will cut the rates next month, but reduced the probability of a quarter -point reduction to about 89% from 94% prior to the report. They also foresee another reduction this year.
In addition, investors follow the minute the historical summit that Trump and Putin celebrate today in Alaska. With both leaders, all options are on the table and it seems that the later press conference will be one of the most followed events of this year, revealing how close or far is the end of the war in Ukraine that has spread for more than three and a half years.
«The president wants to exhaust all the options to try to bring this war to a peaceful resolution,» as the White House declared on the eve of the Alaska Summit. It remains to be seen if those «options» will finally be good or bad for Ukraine.
In this impass there are assets such as oil that maintain caution. The future of Brent oil is left for more than half a percentage point, up to $ 66.47 while West Texas falls 0.7% and is exchanged for 63.48 euros.
In the currency market, the euro continues to advance against the dollar and moves at $ 1,1709 while cryptocurrencies reduce their falls. At this time, Bitcoin CEDED 0.59%, over 117,569.5 dollars and Ethereum goes back more than 2.8%, up to $ 4,488.
In the fixed income market, the profitability of the Spanish Spanish bonus rises to 3,339% compared to 2,7769 of the ten -year bonus in Germany, which throws a risk premium of 56.3 basic points. In the United States, the return of the ten -year bonus rises to 4,305%.