The IBEX 35 closes Wednesday with 0.59% drops to 13,287.80 points. At the head of the falls is Banco Santander, which is left 3.90%, followed by Redeia (REE), which remains 3.65%, and Caixabank, which loses 3.44%. Among the advances, Indra rises 2.79%, while AENA adds 2.69%.
The Madrid selective came from falling in the session of yesterday Tuesday, which together with today’s decline erase much of the earnings harvested in April, and leaves the Ibex with a monthly accumulated close to 1%. Even so, the 2025 route remains clearly positive, of 13.5%.
The business news of the day are covered by a Business results avalanchewith several of the main index companies presenting their accounts this last day in April.
Banco Santander achieved an attributed benefit of 3,402 million euros in the first quarter, 19% more than in the same period of the previous year thanks to income from commissions (+4%) and lower costs. In addition, the bank increased the number of customers by nine million and reached a total of 175 million customers.
Iberdrola publishes record investments of 17.3 billion in the last year, which promoted the company’s benefit in the first quarter to 2,004 million euros. Ebitda went to 4,643 million.
Caixabank presents a benefit of 1,470 million in the first quarter, 46% more, reduced delinquency and remains focused on its 2025-2027 strategic plan, while the gross margin increased by 14.7% and profitability on its own resources reached 16.5%.
Arceormittal records a 14% drop in benefit and 23% in sales. It reached a profit of 805 million dollars, compared to the 938 million of the first quarter of 2024.
Repsol won 366 million euros in the first quarter, which corresponds to 30 cents per share, a 62.2% drop compared to the same period last year. The oil company announces new dividends in July and January.
Enagas closed the first quarter with a 65.2 million benefit, in line with the figures of 65.3 million a year earlier, with an Ebitda that fell 8.1% and income that amounted to 210 million. The company has agreed to pay a dividend of 0.6 euros in July.
AENA registered in the first quarter of 2025 a net profit of 301.3 million euros, compared to 261 million of the same period last year, which represents 15.4% more. The gross exploitation result (EBITDA) was 643.6 million euros, with a margin of 48.6%. This figure represents a 10.8% growth compared to 2024 (581.1 million).
Sacyr obtained an operating cash flow of 240 million euros in the first quarter of 2025, 8% more than in the same 2024 period. The cash flow is the indicator that best reflects the growth and generation of value of a firm like Sacyr. The business figure reached 1,059 million euros (+6.5%), the EBITDA stood at 301 million euros (-11.4%) and the net profit was 27 million euros (+5.2%).
In the field of recommendations, Berenberg cuts Viscofan’s target price to 73 euros per share, from the previous 75, although it is still an even bullish potential of 16.6%.
Macroeconomic data and other markets
The macroeconomic agenda He had great references today, noticing the last day of the month. It highlights the publication of the preliminary readings of the PIBS of the first quarter of France (+0.1%), Germany (+0.2%), the Eurozone as a whole (+0.4%) and the US, where the GDP falls 0.3%in the first quarter. In addition, the preliminary inflation rate in Germany drops to 2.1% in April from 2.2% in March.
For its part, and in the US, together with the March income and personal expenses data, the Commerce Department has published the reading index of personal consumption prices, the PCE, the price variable most followed by the Fed. Economists expected a rate of 2.2%, but finally has been higher, 2.3%. The underlying rate stood at 2.6%, in line with the expected.
With a market that has been processing these figures throughout the day, European stock market 37,581 points, while the euro Stoxx 50 yields 0.06% in the 5,158 points
Wall Street opened today with Dow Jones falling 0.75%, to 40,225 points, the S&P 500 dropped 1.36% in the 5,485 points, while the Nasdaq yielded 2.07% in the 17,099 points. Nvidia led the falls, above 4%.
In Asia, the main indexes closed the session of today mixed, with relief for a possible approach in commercial relations, it was counteracted by the worsening of the economic perspectives of the corporations affected by the tariff. Finally, the Japanese Nikkeii 225 closed with an increase of 0.57% to 36,043.50 points.
Regarding fixed income, the Spanish 10 -year reference bonus offers a secondary market performance of 3.125%, which leaves the risk premium with respect to its German counterpart in 67.65 points points. On the other side of the puddle, the 10 -year -old bonus obtains a profitability of 4,175%.
Already in the raw material market, oil prices The falls extend and are aimed at their greatest monthly fall in more than three years, as the commercial war erodes the perspectives of the demand for fuel, while the fears of a growing offer also weigh.
In this way, the Brentof reference in Europe, it falls 1.55% to $ 62.31 per barrel, while the futures of the West Texas intermediate oil are left 1.55%, to 59.47 dollars per barrel.
The euro dollar drops 0.3%, to establish the exchange rate by $ 1,1353 for each community currency. Reviewing the main cryptocurrencies, Bitcoin falls around the percentage point in the last 24 hours, to $ 94,000, while Ethereum is left 3.5%, in the $ 1,758.