The Spanish Variable Income returns on New maximums of the last 16 and a half years, June 2008 levels On account of the accelerated impulse of the banks today, kindness of the Federal Reserve and its lack of hurry to lower types and the new falls for Arceormittal and the energy in the market.
Thus the IBEX 35 closes the day at 12,774.80 points, maximums again, with a 0.52% rise and the profits that experience values such as Banco Santander 3.14%, Banco Sabadell 1.91% and Bankinter 1.90 % and falls that reflect Arceormittal 1.95%, IAG (Iberia) 1.79% and Iberdrola 1.69%.
As for the protagonists of the session, in the positive part of the banks, auged especially for the improvement of recommendation on Banco Santander, which has thrown up the sector as a whole, after the consecutive falls recorded after the closure of its results and the benefits of the two preceding days. And to which the maintenance of the types helps, word of Jerome Powell, in the US.
The Bank’s actions chaired Ana Botín receive a booth from the RBC Capital analyststhat they maintain their recommendation of sector performance and raise the target price of 5.20 to 5.90 euros per share.
The new assessment is a 7.5% bullish potential in front of yesterday’s closure.
In addition, Banco Sabadell has announced the call of its General Meeting of Shareholders for the month of March, in which various key issues for the entity will be addressed. Among the issues to be treated is The renewal of César González-Well as CEO For a new period of four years, according to the documentation sent to the National Securities Market Commission (CNMV).
The General Meeting has been scheduled in the first call for March 19, although it is expected that Finally, he was celebrated in the second call on March 20.
Another of the values with advances in this session is Telefónica, with the arrival of its new president, Marc Murtra and the internal changes he is making.
Today the value is favored in the market with the improvement of objective price that Barclays marks on the value, since it elevates it to 4.7 euros per share from 4.6 precedents, as the analyst Mathieu Robilliard signs. Of course, the previous recommendation that remains to maintain, although the potential does not change, with the new Po reaches 14% from its price to close yesterday.
Already for IAG (Iberia) second day of cuts, which have then minimized, with the 4 euros per action that have served as a clear support, because rental analysts 4 have indicated that they expect the results of 2024 to maintain the good tone, but with some somewhat more moderate growth rates, 3%.. moderation of traffic growth and unit income is also expected.
Already in the continuous market, Talgo, since on February 14 the deadline given by Trilantic to receive offers for 29,7682% of the 40% that it owns from the capital of Talgo along with directors of Talgo and the Abelló family through the Pegasus International vehicle. He 4 César Sánchez-Grande rental analyst positively values the two main options on the table. While leaning more about the PESA offer, since it encompasses 100% of the company, remember that the government can be more favorable to Sidenor’s.
Also support for Meliá Hotels, which will publish its results of the fourth quarter of 2024 on Thursday, February 27 at the closing of the market. Waiting for these accounts, Rental analysts 4 give value a recommendation of ‘overflow‘And an objective price of 9,8 euros which is a Alcista potential of almost 36% compared to current levels.
Already in the rest of Europe, generalized profits with technology, energy and financial values by pulling the selective paneuropeo, while Quebanco Santander is placed as the leader of the session with the profits of SAP software German And the French luxury Essilor luxottica
In the negative part, basic materials and the utilities, with the La Británica Glencore clippings, new Nordisk and Iberdrola
At the close of the market, the Euro Stoxx 50 that earns 0.63% to 5,391 points, CAC 40 advances 0.28% to 8,028 points, the Dax sube 0.49% to 20,590 points, and the London session ends to el FT 100 0.10% revaluation to 8,776 points.
In Wall Street, the lack of novelties in the speech of the FED president, Jerome Powell, in his appearance before the Senate Banking Committee was quoted with half a session.
Textually, in its initial speech before the American Upper House, Powell has indicated that «now that our monetary policy position is much less restrictive than before and the economy remains strong, we do not have to hurry to adjust it», which indicates That, for now, if things do not change interest rates in the USA will not move because the Fed is not in a hurry to do so.
This endorses market expectations, because according to the Reuters survey, The analysts consulted did not expect type cuts across the Atlantic, at least, until the next quarter.
Regarding the results, they arrive at Ecuador and, until yesterday, With 313 S&P 500 companies having published its accounts, the average increase in benefit per share is 13.3%, compared to 7.5% expected before the publication of the first company, according to Bankinter calculations. Batish results 76.9% of companies disappoint 17.0% and the remaining 6.1% are online. In the last quarter (3t 2024) the benefit per share increased by 9.1%, compared to the 5.1% expected.
Uploaded to half a session of 3.28% for Coca-Cola, which has also broken market expectations, both in income and profits, with its report of results of the fourth quarter. The income increased 6% to 11,540 million dollars, above the expected 10,680 million. The benefit was 2.2 billion, or 51 cents per share. In adjusted terms, The profits were 55 cents per title, compared to the 52 expected cents.
In 2025, the giant of carbonated drinks hopes to generate an organic growth of income between 5% and 6%, as well as a growth of adjusted profits between 2% and 3%.
At the close of the Spanish Stock Exchange, the American Stock Exchange remains at opening levels, with the Dow Jones Inderage that rises 0.04% and is placed in the 44,487 points, with an S&P 500 that cuts 0.02% to The 6,065 points and a Nasdaq OMX that drops 0.10% to 19,698 points.
Regarding the secondary of public debt, debt profitability rises strongly, With a Spanish 10 years bonus that advances 2.64% to 3,111%, while, the German Bund earns 3.03% to 2,4330%. The Spanish risk premium Mark levels of 67.90 basic points with 1.12%rise.
As for raw materials, Oil upwards with the future of Brent barrel, reference in Europe advances 1.02% up to $ 73.08 while that the American West Texas rises 1.05% and trades at $ 73.08 per barrel. Gold futures consolidate positions after their maximums, barely cut 0.05% to $ 2,932.
Bitcoin cuts lightly, 0.27% and is positioned in the crypto market in the $ 96,987 per active and the euro dollar is placed at 1,0349 units with advances of 0.41% for the single currency.