The Spanish Variable Income is postulated as one of the best of the year, in this month already initiated in which, traditionally, its behavior is one of the worst of the year. On this occasion, one more week, those premises are not fulfilled in which The number 17 becomes the main protagonist for double reason.
On the one hand because 17 is the percentage in which the selective is revalued in the accumulated of the year and 17 are also the years that have been met since we did not see the current levels of Ibex 35 on the marketthat this Friday, at the close of the session, he has beat again, even intradicted towards the level of 13,600 points.
And it is that the week, although in the general calculation it has not served to advance in great amount, of 0.79%, it does expose to the clear ones that the upward trend of European indicators in general and Ibex 35 in particular remains, with great peace of mind in the face of news and statements. Not even the Fed meetingwhich maintained guys as expected and the statements of waiting and seeing Powell later, has altered the market.
In this way at the close of the session, the IBEX 35 wins 0.48%to 13,554.10 points with the increases of securities such as active renewable energy 3.82%, IAG (Iberia) 2.78%and acts 2.69%, the falls that companies such as integral logist 8.39%, Cellnex 3.16%and Banco Sabadell 0.76%.
Among the best of the day, on account of the results, the increases experienced by IAG. In his accounts of the first quarter of 2025, Change the red numbers of the first quarter of 2024 for profits in the first three months of the current year of 176 million euros. In addition this afternoon he has confirmed that he will celebrate his next Board on June 19.
For its part, the growth of income 9.6% reflect the solidity of the business. Also, the Exploitation benefit before exceptional items It increased by 130 million euros to 198 million euros, since the strong income growth and fuel price decrease compensated for the increases planned in costs. He exploitation margin increased by 1.7 points to 2.8%.
On the contrary it has happened with the red lantern of today’s session. We talk about Logista, who leads lead falls as a worse value of this Friday in the Spanish selective. Logista has announced a drop of more than 5.4% for its benefit of the first semester, which runs from October 2024 to March 2025, to 151 million euros while the adjusted exploitation benefit increased 4.6% with sales that grew about 6% in the period.
Of course, the company It is committed to distributing at least one dividend equal to that distributed in 2024 of € 2.09/action during the year 2025.
Also important falls after the results presented today for Cellnex, the second most punished value in a context of uploads for much of Ibex 35.
The telecommunications infrastructure company was scored losses of 49 million euros in the first quarter of the year, an increase of 25.6% compared to the red numbers of 39 million of the same period last year. The company explains this increase due mainly to the provision corresponding to the application of the ERE in Spain agreed with the workers’ representatives for a total of 209 people as well as the patrimonial gain for the sale of Ireland in February 2025.
As for recommendations, HSBC stands out on banks. The analysts of the British Hongkonesa entity review the objective prices of Banco Sabadell, Banco Santander and Bankinter. They see bullish potential in the first two, but not in Bankinter despite the improvement.
In which they see more potential the British firm is in Banco Sabadell, with an improvement of the target price to the 3 euros per actionfrom the previous 2.65 euros. The new assessment is 13.37% above of the closing of yesterday Thursday, for some titles that accumulate a revaluation already of 48.26% so far this year.
Meanwhile, HSBC raises the target price of Banco Santander to the 7 euros per actioncompared to the previous 5.9 euros. In this case, the Alcista potential is something more moderate, of and 6.69% in front of yesterday’s closure. The Bank chaired by Ana Botín accumulates a revaluation of 49.45% so far this year.
The analysis house raises Bankinter’s target price to 10.5 euros per sharefrom the previous 8.9 euros. However, there is no bullish route in this assessment, but it is 3.97% below of the closing of Thursday. Bankinter shares rise 45.29% in the accumulated of the year.
Already in the rest of Europe, the euro Stoxx 50 earns 0.42% to 5,310 points, CAC 40 wins 0.64% to 7,743 points, the Dax advances 0.63% to 23,494 points, and the session in London to The FT 100 ends with 0.26 increases% to 8,553 points.
In Wall Street, mixed trend in half session with advances that have been moderating and changing bias to negative in Dow Jones.
Given the conversations with China this weekend, the US president Trump has ruled on that matter indicating that 80% in the levies to Beijing «seem correct»which would not deflate the commercial war. Such high levels of tariffs will continue to make Chinese exports unfeasible to the US.
Regarding the results, AFFIRM collapses before the income forecast that the company manages for its fourth fiscal quarter. The guide ranges between 815 and 845 million dollars, with an average point of 830 million dollars.
Opposite sign for Pinterest, which shoots more than 10.5%. The images to share images has issued an income forecast for the second quarter better than expected by analysts.
Coinbase rises slightly after marking some First quarter revenues lower than expected. The cryptocurrency exchange platform reported revenues of $ 2,030 million, while analysts had predicted $ 2,120 million.
While Expedia Group falls double digit, after reaching 2,990 million dollars in revenues of the first quarter, below the consensus forecast of 3,020 million dollars, according to LSE. Expedia also issued moderate forecasts. The company that Americans now fly less and above all, they point out that Canadians also fly less to the US.
At the close of the Spanish Stock Exchange, the Dow Jones yields 2.5% to 40,165 points, the S&P 500 wins 3.01 %% and is placed in the 5,446 points while the innovative and technological Nasdaq OMX recovers 4% to mark 16,948 points.
Already in fixed income, increases for the profitability of assets with The Spanish 10 years bonus that raises its performance at 1.20% discount to 3,202%, Faced with 1.27% profits for German BUND, up to 2,5520%. The Spanish risk premium triggers 5.87% to 64.90 basic points.
For its part, in raw materials we see as oil increases in the case of Brent’s futures, reference in Europe, with levels of $ 63.53and advances of 1.10%, while the American West Texas is revalued 1.20% to $ 63.54.
The gold futures gain positions again, with increases of 1.21% with levels for its futures of $ 3,345 per ounce.
The euro dollar rises 0.30% for the common European currency at the close of the Spanish stock market session and crosses the green ticket at 1,1260 units.
Bitcoin already earns traction again, while rising in cryptocurrency markets 2.37% to 103,105 dollars per active.