The Spanish bag is dyed green after three downward sessions in which it accumulated 12% drops due to the global impact of tariffs that have made investors believe that the global recession will occur. And the consequence in this break against global cuts, translates into the Spanish Variable Income in The biggest up of the Spanish Stock Exchange so far this year with the Ibex above 12,000 points.
In this way, with the generalized recovery in this quieter session due to the advances, although not for that reason, IBEX 35 rises 2.37% to 12,065.60 points dominated by profits that lead values such as IAG (Iberia) 6.21%, indra 5.84% and fluid 5.15% compared to the fall of companies such as Repsol 0.85% and Telefónica 0.46%.
One of the factors that are noted in this oasis We do not know if as water in the desert or with some continuity after the deep fallsis the arrival of news about companies.
The recommendations for the banks of JB Capital stand out, they look at CaixaBank, Bankinter and Banco Sabadell. The bank in which JB Capital detects a larger journey is Banco Sabadell, to which the target price uploads to the 3.40 euros per sharefrom the previous 3 euros. The new assessment supposes 54.5% bullish potential in front of today’s price.
And very similar potential, from the 50%environment, detects JB capital in Bankinter, to which the objective price raises 12.80 euros per sharefrom the previous 12.50 euros. Finally, in Caixabank, the investment firm raises the target price to the 8.20 euros per actioncompared to the previous 7.80 euros. The assessment is 37.3% above of today’s price.
With an eye on the technical analysis of Banco Santander, the entity that is most recovered in this session and its potential in the market.
Meanwhile, from RBC, the Canadian bank placed Iberdrola in Neutral in its recommendation with PO of 14 euros per action before the presentation of its results of the first quarter. His analyst, Fernando García, emphasizes that Spanish energy producers benefited from volumes higher than the average in hydroelectric energy in the first quarter.
Already for the Repsol oil company, it has published the trading statement corresponding to the first quarter, reporting a production of 540,000 BeP/D, -8.5% AI and -2.5% t/t., Impacted by the lower production in Colombia, after the sale of the business in the country, and in Trinidad and Tobago, partially compensated by the increase in production in Liby 2024.
Out, in the continuous market, Banco Santander analysts improve the recommendation Devidala until ‘raising’ and raising the bullish potential above 27%.
Already in the rest of Europe the same response occurs, generalized advances and amount in this global rest session for stock values. In the Stoxx 50 euro, the nine sectors move upwards headed by cyclic consumption, industrial and financial values and among those who least, energy and the uses. And the Euro Stoxx 600 marks its highest level of profits since March 2022.
But if there is today a king in the Stoxx 50 euro, that is a Santander bank that heads the recovery together with the London stock exchange and safran and among those who go up the least, the opening levels for HSBC, Rio Tinto y Novo Nordisk.
In this way, at the end of the market, the Euro Stoxx 50 rises 2.45% to 4,774 points, CAC 40 has closed with 2.36% increases to 7,090 points, the Dax advances a 2.61% to 20,274 points and the FT 100 from Londonwith revaluation of 2.68% to 7,911 points.
And in Wall Street, same dynamic of tranquility and increases. Health sector actions such as those of Human, CVS Health and Unitedhealth shoot today in the stock market after The Wall Street Journal You have published that the Trump administration will increase payment rates to Medicare insurers next year to 5.06%, an increase greater than 2.23% proposed by the Biden administration. Human shoots 14.5%, CVS Health 8.34%and UnitedHealth 9.15%.
Broadcom shares rise more than 7% after the company has authorized a new shares of shares for 10,000 million dollars, in force until December 31.
Levi Strauss shoots 14% after presenting its quarterly results last night. The jeans manufacturer reached in its first quarter adjusted profits of 38 cents per share, an increase of 52% compared to the same period last year. Income increased 3% to 1,530 million dollars.
As for the recommendations of the analysts, Eli Lilly & Co rises 3.6% after Goldman Sachs He has improved the ‘neutral’ advice to ‘buy’, since he considers that current levels involve «an attractive entry point.» Goldman also improves even ‘Buy’ to Johnson & Johnson, since it detects a «range of opportunities in all therapeutic areas.»
Recommendations of ‘overflow‘da Goldman Sachs to Ross Stores and Ralph Lauren. Ross should have a better performance in the future in a slower macroeconomic context, while Ralph Lauren has global diversification and pricing capacity to limit the downward risk induced by tariffs, the US bank considers.
At the close of the Spanish market, the Dow Jones Inderage rises 2.25% and is placed at 38,820 points, with a S&P 500 advances 2.25% to 5,176 points and a Nasdaq OMX that earns 2.60% to 16,008 points.
Already in the fixed income, the profitability of the assets rises, With advances of 0.27% the Spanish bonus to 10 years to 3,344% While, the German Bund places its performance at 2,6335% and gains 1.37%. The risk premium rises vertiginously and gains 12.53% to 70.95 basic points.
In oil, light descents for the price of the future of the barrel Brent that quotes in the $ 64, with cuts of 0.44 %% and for the West Texas, which yields 0.28% to $ 60.53. The American Bank Goldman Sachs It has predicted that oil prices could fall below $ 40 per barrel at the end of next year If the commercial war unleashed by Donald Trump leads to the world to a recession and the producers of the OPEC+ reversed the existing cuts in the extraction of crude.
Gold futures advance positions, a 1.57, up to 3,021 dollars an ounce.
The Euro Dollar records 0.52% cuts, up to 1,0899 units and bitcoin that yields 0.32% to $ 78,244 per active.