Six advances in the last eight sessions and four continuous stock markets on the rise. Almost 3% accumulated in this weekly plenary, in the absence of Friday, which leaves investors with a good taste after completing the ECB with the maintenance of types per second consecutive session and behaving inflation, on the other side of the Atlantic almost with the planned script.
In this way, the selective advances on the way to new maximums with good tone and without rest and increasingly more values at maximum, to concentrate already in the next station: The Fed that already has the way to lower the types in the United States next week.
The IBEX 35 closes the session with profits of 0.68%to 15,321.3 points before the increases that Inditex 2.66%, Ferrovial 2.07%, and Endesa 1.89%and the falls that mark values such as Puig 1.96%, Iberdrola 0.35%and Amadeus 0.29%.
Again, the main protagonist of the day is Inditex that leads the profits with an accumulated that exceeds 8.7% in two days, an attentive recovery on account of the results. But not just that. Also of the reactivation of the support of the analysts, especially for their autumn forecasts, and the first sales of the season that are clearly positive. Today, in EI, with the technical reading of value.
The value has activated a new bullish objective, according to technical analyst Álvaro Nieto, while among fundamental analysts there is disparity of opinions about the future stock market of the textile giant in the long term.
Meanwhile, Iberdrola has reached an agreement for the acquisition of the shareholding of Caixa de Previdência two operations do Banco do Brazil (Previ) in Neoenergy, consolidating its position as a majority shareholder. The operation contemplates the purchase of 30.29% that previously owns in neoenergy, so that Iberdrola would control approximately 84% of the company’s share capital.
And analysts, such as Jefferies, RBC and JPMorgan, have reacted throughout the afternoon to the news.
Advanza while the period of acceptance of the BBVA hostile OPA on Banco Sabadell. Waiting for the Sabadell Council to officially pronounce on this offer next week, BBVA does not seem willing to improve it. At yesterday’s closing prices, the OPA has a negative premium of 9.72%. However, BBVA will have the deadline until three days before the end of the acceptance period to decide whether to improve its offer.
In other news, Merlin Properties has decided to end his participation in Socimi Silicius after exercising the liquidity option about the 17.19% they maintained in society, thus culminating a five -year share relationship.
As for the recommendations of the analysts, Barclays cuts the target price of Puig Brands up to 20.6 euros from the previous 21.3 euros after this week’s results. Meanwhile, CaixaBank reduces the target price to 26.60 euros, from the previous 29 euros, although it maintains its recommendation to buy.
In the continuous market it must be taken into account that Deutsche Bank has raised the target price of Meliá Hotels, placing its potential in the 20%environment.
In addition, Squirrel Media has presented its results from the first semester, with an increase of 69% of the income up to a figure of 98 million euros. The attributed net profit was 5.95 million euros.
At the close, the Euro Stoxx 50 wins 0.49% to 5,387 points, CAC 40 rises 0.80% to 7,823 points, the Dax advances 0.33% to 23,706 points and el FT 100 It is revalued 0.78% to 9,297 points.
Already in Wall Street, generalized profits before the good prices tone and the best reading against the data of the investors, which translates into profits, especially in the Dow Jones, with the banks, Goldman Sachs and JPMorgan Chase with new historical maximums and the recovery of UnitedHealth that continues.
Oxford Industries shoot 24% after the company behind Tommy Bahama has announced that now Wait a minor financial impact than expected by tariffs In the fiscal year. In the second quarter, the company earned $ 1.26 per share, while the income fell 4% to 403 million dollars. The analysts had planned gains of $ 1.18 per share on income of 406.14 million.
OpenDoor Technologies also sneaks into the best of the day on Wall Street, with 54% increases its best interannual level, after appointing Kaz Nejatianformer Shopify operations director, like his new CEO. This decision occurs at a time when the company gains popularity among retail investors and focuses more and more on artificial intelligence.
At the end of the day in the Spanish Stock Exchange, the Dow Jones wins 1.23% to 46,048 points, the S&P 500 rises 0.7% to 6,577 points and the Nasdaq OMX advances 0.61% to 22,020 points.
Already in the rest of the market, we start with the fixed income, with Light increases in the profitability of assets. The Spanish 10 -year -old bonus progresses 0.06% to 3,238% while rises are 0.24% for the German BUND that quotes at 2,6603% . The low risk premium in this session 1.39% to 57.55 basic points.
In raw materials, oil cuts with A future of the Brent barrel that presents assumptions of 1.57% to $ 66,44while, the West Texas places its price at $ 62.56, and drops 1.74%.
Gold, yields positions with 0.33% drops in their futures up to $ 3,669.
Bitcoin already moves at levels of $ 114,513 per active and earns 0.59%. Finally, in the Euro Dollar ratio, it advances 0.33% to 1,1735 units.