The Spanish stock market goes out to party again, hand in hand with investors who trust banks again to mark new maximums of 16 and a half years and Overcome, for the first time since June 2008, the 12,900 points.
And they do it in an environment that has not accompanied the variable income of our country along the way, with a Europe in positive, but with very moderate advances and Wall Street downward in its three main indicators before the pernicious effect that mark the New American inflation data, and that endorses the ‘lack of hurry’ of the Fed president, Jerome Powell, to lower interest rates in the USA. and even opens the dangerous door of a future and potential ascent if the inflationary pressures go more.
Something that Spanish banks clearly benefit today, which become the great makers of the new maximums, with the first positions in the revaluation of this Wednesday and also the entire sector completely wins strongly. In fact, The banking sector The game wins the Ibex so far this year: Experience increases of 26.36% in 2025 compared to the average revaluation of the selective, which reaches 11.3%.
At the end of Wednesday, IBEX 35 advances 1.07% to 12,911.50 points, endorsed by Bankinter 3%, Grifols to 2.69% and CaixaBank 2.52% and in front of the falls they experience Mapfre 4.34%, Solaria 1.63% and acts renewable energy 0.78%
Among the protagonists of the day, the banks supported in full by American inflation, which moves to a greater extent, in addition to the decrease of types, which already per know is delayed in the US and about Santander. On the latter, he has decided to raise the rating of the entity to ‘a’ from ‘A-‘, highlighting its solid and resistant performance, its geographical diversification and its ability to absorb losses.
But in addition, Dz Bank maintains its purchase recommendation on the actions of Banco Santander With an objective price of 6.5 euros per share that elevates from the 5.60 precedentswhich is an added potential on its current levels that touches 15%.
Meanwhile, Grifols is another of the beneficiaries of the session, Morgan Stanley gives a recommendation to ‘overcome’ to Grifols and an objective price of 12 euros per share. Using yesterday’s closure, the new assessment is a bullish potential of 40.35%. . According to the data collected by Reuters, analysts give Grifols a majority recommendation of ‘buy’ and an objective price of 16.31 euros, which is 87% above of the current levels.
In terms of results, Mapfre has presented them on Wednesday, those corresponding to 2024, an exercise in which it has gained 30.3% more achieving a net profit of 901.6 million, once the deterioration of 90 million of the VERTI Germany trade fund is applied. In addition, the Board of Directors has agreed to propose to the General Board of Shareholders a «Participation dividend» charged to exercise 2024 of 0.0015 euros gross per share, 6.7% more.
In addition, Aena has published figures from her airports. The airport gesture, closed the month of January with a 6.2% increase in the number of passengers, managing more than 222,000 aircraft movements and transporting more than 108,000 tons of merchandise.
Already in the continuous market, rumors of possible improvement of the OPA on Talgo of the Polish consortium at 8 euros per action, while we have seen a strong booth of Barclays To Edreams Odigeo. The British firm elevates the company’s target price to the 12 euros per actionfrom the previous 9.25 euros. The new assessment is a Alcista potential of 36.20% Using yesterday’s closure.
In Europemoderate profits for the indicators, with banks as great protagonists of the session, which in the case of the Euro Stoxx are endorsed by cyclic consumption, financial values and basic materials, with the German chemistry BASF and the Anheuser-Bush brewer INBEV, followed by the Banks Chapeling Porbanco Santander
Already on the side of the descents utilities, industrial values and health care are penalized by investors on Wednesday, French Schneider Electric, British Glencore and Danish Novo Nordisk.
In this way, at the end of the market the Euro Stoxx 50 rises 0.24% to 5,403 points, CAC 40 has closed with advances of 0.17% to 8,042 points, the Daxwith profits of 0.50% to 22,140 points and the FT 100 from Londonwith 0.31% increases to 8,804 points.
And in Wall Street, inflation data before the new appearance of Jerome Powell in the House of Representatives has fallen as a jug of cold water in the market.
The increase in inflationary pressure, also rises above what the market with a half -point price rebound in January to 3% year -on -year Four tenths up to 3.3% year -on -year, applauding the expected drops of fed types and doing Powell’s speech good not to be in a hurry to lower the price of money in the US.
There are even those who already talk about erasing the idea of cutting guys this year on the other side of the Atlantic or even lowering them, only in December, at the end of the exercise.
In this way, and at the close of the Spanish market and half a session on Wall Street, the Dow Jones Inde Average drops 0.90% to 44,194 points, that of the S&P 500 yields 0.69% to 6,027 points and the Nasdaq OMX moves with 0.06% cuts to 19,51 points.
Therefore, before this scenario, the profitability of the assets rises, with 1.35% profits The Spanish 10 years to 23,149% bonus while, the German BUND places its performance at 2,4820% and rises 2.16%. The risk premium lowers a significant 2.20% to 66.65 basic points.
Thus the future of Brent barrel Low hard, 1.16% to $ 75.85 a barrel and the West Texas cuts 1.57% to $ 72.14. Gold also reduces its price, and the cash is listed with falls of 0.13% to $ 2,919 per ounce.
Bitcoin, on the other hand, drops 1.53% to $ 95,507 per active. And the euro dollar moves practically at opening levels and is changed at 1,0356 units.