Spanish equities cannot handle 17,000 points for the second consecutive sessionclosing with levels very close to the opening and with a balance between the values that rise and fall within the Spanish selective.
The IBEX 35 closed with minimal increases of 0.10% to 16,938.20 points with the advances of values such as Cellnex 1.79%, Caixabank 1.53% and Mapfre 1.49% and the decreases experienced by companies such as Acerinox 2.46%, MERLIN Properties 2.30% and ACS 2.29%.
Among the protagonists of the session, Telefónica stands out, which has presented its final offer to the unions for the seven subsidiaries of the group affected by collective dismissals. This proposal implies a significant reduction in the volume of departures initially planned, going from 6,088 to 4,554 employees, which represents a decrease of 25%. The final number of departures will be determined by the number of voluntary adhesions that are registered.
Also CaixaBank, since its corporate holding company, CriteriaCaixa has consolidated itself as the main reference shareholder of Naturgy after acquiring an additional 2%, valued at nearly 500 million euros, bringing its total participation in the energy company to 26%.
Specifically, the entity has increased its stake in Naturgy from 23.964% to 25.986%, placing itself as the largest shareholder ahead of Rioja/CVC, which controls around 18.58%, and the Australian fund IFM Investors, which holds approximately 15.17% of the capital, according to the records of the National Securities Market Commission.
For its part, Indra has closed an agreement with the CPS Group for the acquisition of unmanned aerial systems (UAS) technology from Wake Engineering. The main objective of this operation is to strengthen Indra’s position in the drone market and accelerate the development of capabilities that can respond to the Special Modernization Programs, as well as take advantage of international growth in this sector.
For its part, Amadeus is in the news once the US Trade Representative, Jamieson Greer, has threatened to adopt sanctions to respond to the fines recently imposed by the European Union (EU) on large US technology companies, mentioning the Spanish multinational as one of the companies that has been able to “operate freely” in the North American country.
In addition, the company has decided to apply a pay-out of 50% in 2025, the maximum of its dividend policy, and will pay an interim coupon of 0.53 gross euros per share next January.
And the Italian Endesa has agreed to distribute an interim dividend against the results for fiscal year 2025 in the amount of 0.5 euros gross per share next January 12th. The shares will be listed without the right to receive this dividend (ex date) from next January 8, while the record date, on which the holders with the right to collect are determined, will be one day later.
Already in the Continuous Market, Ebro Foods will keep its dividend stable at 0.69 euros per share next year. According to what was communicated to the National Securities Market Commission (CNMV) this Wednesday, the dividend would be paid in three equal parts of 0.23 gross euros per share each. These payments would be made on the following dates: April 1, June 30 and October 1 of next year.
In addition, today BME has closed its stock market balance, indicating, in statements to Investment Strategies, that this year will be historic due to the exponential rise of the Spanish stock market and the joint shareholder remuneration of 50,000 million euros, which will be the second highest in history.
And in the rest of Europe, more of the same. Generalized gains for the indicators. The EURO STOXX 50 is down 0.61% to 5,682 points, the CAC 40 is down 0.25% to 8,086 points, the Dax retreats 0.54% to 23,959 points, and the session in London ends for el FT 100 with gains of 0.89% to 9,770 points.
On Wall Street, widespread cuts in the three main indicators, with an eye on inflation that will be known tomorrow and the concern that is still present among investors.
Among companies, Lennar stands out, cutting 6% after the company published disappointing forecasts for the first quarter. The company has announced a forecast of between 17,000 and 18,000 units delivered in the first quarteras well as a construction gross margin of between 15% and 16%, below analyst estimates.
Amazon shares rise more than 1% after Reuters has reported that the company is considering a $10 billion investment in OpenAI.
Advances of 2% for the consumer products company General Mills after presenting results for its second fiscal quarter above expectations. The food company reached Adjusted earnings of $1.10 per share on revenue of $4.86 billion. Analysts were expecting earnings per share of $1.03 and revenue of $4.78 billion.
At the close of regular trading, Micron Technology is scheduled to publish its results.
The open battle between Paramount Skydance and Netflix to take over Warner Bros. Discovery also continues. Today the board of directors of Warner Bros. Discovery has unanimously recommended to the company’s shareholders that they reject Paramount Skydance’s acquisition offer and adhere to Netflix’s «superior» proposal.
At the close of the Spanish stock market, the DOW JONES lost 0.17% to 48,058 points, the S&P 500 fell 0.67% to 6,756 points and the Nasdaq lost 0.98% to 22,882 points.
Already in fixed income, advances in asset returns, with increases of 0.46% for the 10-year Spanish bond up to 3.299% while, the German bund places its yield at 2.8597% and rises 0.5%. The risk premium corrects 0.14% to 44.16 basis points.
In oil, strong recovery after the sharp falls of recent days although the future of the Brent barrel fails to return above 60 dollars. Specifically, The reference future in Europe rises 1.7% to $59.92 while West Texas places its price at $56.09 per barrel while advancing 1.78%.
Meanwhile, Gold Futures gained 0.65% to $4.359 an ounce.
The Euro Dollar with a slight increase for the single currency of 0.06% to 1.1754 units. For its part, Bitcoin barely gained 0.04% to $87,620 per asset.