The Spanish Variable Income consolidates a new advance in the market. Although without great amount, and you have to take two things into account: the month in which we are August, with little volume with holiday investors and outside the market and also, which is usually a negative month, as it has been shown in recent years for the indicators, so that progress seems to have even more validity.
In this way, the IBEX 35 advances 0.02% to 14,859 points with the profits of values such as IAG (Iberia) 3.26%, Repsol 1.94% and Fluidra 1.72% and the falls experienced by companies such as BBVA 1.87%, Grifols to 1.70% and Colonial Real Estate 1.36%.
All this strengthens seven days up, with an accumulated without rest or benefits that exceeds 5%, while it marks, consecutively six new maximums that were not seen in our market since January 2008, in the last 17 years and 7 months, at the edge of the 14,900 points. To all this, so far this year, the IBEX accumulates profits that exceed 28.4%.
As for values, the looks go one more day to the quotes of Sabadell Bank y BBVA . Yesterday after the closing of the BBVA markets, he informed the National Securities Market Commission (CNMV) that he has decided Go ahead with its public acquisition offer (OPA) on Banco Sabadell Despite the conditions imposed by the Government and the recent sale of the British subsidiary of Sabadell.
«Once the agreements adopted and considering the available information, BBVA has decided not to give up the offer for this cause and, therefore, it remains in force in accordance with the provisions of the applicable regulations,» says the entity that Carlos Torres chairs.
And we have seen Sabadell for a good part of the day as the best of the session and quite the opposite for BBVA.
In the telecommunications sector, corporate movements are also protagonists after Financial Times You have published that Axa Ultima buy 30% in the fiber subsidiary of Telefónica y Vodafone.
In other news of the day, the newspaper Expansion Public that Pueri, the investor holding of the Domínguez de la Maza, owners of the Mayoral Child clothing brand, has raised its participation in ROVI LABORATORIES From 5% to 11,252%, according to CNMV records.
In the recommendations of the analysts, strong support of JP Morgan to the oil company Repsol with an improvement of two steps, to underfold until overflow . The target price goes from 12 euros to 15.50 euros per share with a bullish potential of 17.60% compared to yesterday’s closure.
And that is what has really moved to the market today, since IAG (Iberia) has been placed among the best of the day, thanks especially to continued support since publishing results by analysts.
As indicated by XTB, Bankinter has raised its target price from 3.7 euros to 5.3 euros per share, maintaining its recommendation to “buy” and highlighting the solid operational performance of the company. Jefferies, meanwhile, has reaffirmed his positive vision of value, stressing that the net benefit of IAG has exceeded previous estimates by 13%, while EBIT has been 16% higher than expected. Barclays has also modified his position, moving from a recommendation to «underprate» to «neutral», in line with the improvement of margins and the reduction of debt shown by the group.
Already in the rest of Europe, a general upward sign for the indicators, the euro Stoxx 50 rises 09% to 5,335 points, CAC 40 advances 0.71% to 7,753 points, the Dax cede 0.19% to 24,027 points, and the session in London ends to el FT 100 with increases of 0.19% to 9,147 points.
In Wall Street, widespread increases with an eye on tariffs that have not been as inflationary as expected, with an increase, but contained and below expected, of inflation in July.
Highlight Circle Internet Group which register advances of 15%. The Stablecoins issuer has announced that its income from the second quarter amounted to $ 658.1 million, compared to 430 million dollars of the same period of the previous year, which represents an increase of 53%. Circle is the issuer of USD Coin the second largest stable currency in the world, after USDT (Tether).
In the recommendations of analysts, Palo Alto Networks It rises 1.8% after Piper Sandler has improved his Council for Cybersecurity Action of «Neutral» to «Overwater».
Bank of America Bradley Sills has reaffirmed his Purchase recommendation on Salesforce with an objective price at $ 350 . He expects a greater growth for your cloud business, Service Cloud, in the next quarters.
At the end of the day in the Spanish Stock Exchange, the Dow Jones Indege is maintained with 1,12% profits to 44,467 points, with a S&P 500 that rises 0.79% to 6,424 and a Nasdaq OMX that marks levels at 21,559 points and advances 0.78%.
Already in fixed income, the profitability of the assets, of 1.32% for the Spanish bonus to 10 years to 3,305% While, the German BUND places its performance at 2,7452% and advances 1.83%. The low risk premium almost half a point up to 56.04 basic points.
In oil, cuts to the brent that quotes in the $ 66.50 and drops 0.21% And for the West Texas, which, in this case, yields 0.42% to $ 63.69. Meanwhile, gold futures fall to the closure of the Spanish stock market by 0.36% to 3,392 dollars per ounce
The Euro Dollar with the unique currency movements of 0.44%, and is changed to the green ticket at 1,1667 units. With a bitcoin that loses positions, it decreases 0.73% to 119,443 dollars per active.