The IBEX 35 closes with 0.25% increases in the 14,152.20 points. At the head of the advances is Solaria, which triggers 8.60%. They are followed by Red Energy and Laboratories, which rise 3.44% and 3.22%, respectively. Yesterday, both solery and active energy copied the rises of the Ibex. Among the falls, Fluidra yields 2.09% and IAG is left 2.02%.
The Madrid selective came from going anecdotally on Thursday, but they were worth him to reach the last session of the week in positive. Yes it has been more loose for Cerra Mayo in positive, since the index accumulated a rise of 6.23% until yesterday. In the annual accumulated, the IBEX already rises more than 21% since the beginning of 2025.
Among the business news of the day, five days reported that Telefónica has lost the resource against the Supreme in New York to raise the compensation of Millicom. The company played about 60 million dollars in interest on compensation for the cancellation of the sale of its subsidiary in Costa Rica.
On the other hand, Ferrovial, together with ACS and Zarzuela is imposed on the contest for the Valladolid Ave Station of 250 million, according to expansion.
In addition, Iberdrola celebrated its General Shareholders’ meeting on Bilbao on Friday, in which re-election has been voted as independent counselors of Ángel Acebes and Juan Manuel González Serna, as well as the ratification and re-election of Ana Colonques García-Planas as an independent counselor.
In the financial sector, Banco Sabadell has reported that it will execute the reduction of its share capital through the amortization of all the actions acquired within the framework of the reactivated repurchase program.
The amortization will be 99.5 million shares of 0.125 euros of nominal value each, representing approximately 1.85% of the bank’s share capital before capital reduction.
It has also been known that American justice will investigate whether there was ‘malice’ in the accusations expressed by Gotham City Research in the report poured in January 2024 on Grifols, when it caused the collapse of the stock market value, since it indicated in the document that the stock value of the Spanish company was exactly 0.
In the field of recommendations, RBC raises Naturgy’s target price to 25.50 euros, from the previous 25, while UBS raises Solaria’s recommendation to ‘buy’ from ‘Neutral’, but reduces its target price to 9.55 euros from the previous 10.05.
In fact, Naturgy expands the OPA acceptance period to acquire up to 9.08% of its capital, with the aim of improving its ‘free-float’. The offer will be extended until June 13.
In the continuous market, the economist published today that the SEPI could grant a convertible loan to Talgo to unlock the entry of the Basque Consortium Sidenor into the capital of the company.
Inflation data and other markets
In the macroeconomic agenda Today, we have known at the opening the data of the IPC Advanced May of Spainwhich shows a three tenth cut in its year -on -year rate in May, up to 1.9%, registering its lowest level since last October. The underlying inflation is also moderate three tenths, up to 2.1%.
In Germany, April’s retail sales met, with a monthly decrease of 1.1%, while in the afternoon the IPC Advanced Maywhich remains unchanged in 2.1% in May, matching the April figure and marking the lowest rate since October.
However, today the main course has arrived in the US, with the publication of the Personal Consumer Expenditure Index (PCE) April, the most followed reference by the Federal Reserve for its monetary policy. The data has been somewhat better than expected, with an increase of 0.1% monthly and an annual rate of 2.1%, for the expected 2.2%. The underlying PCE is 2.5% per year, a tenth better than expected.
Yesterday Jerome Powell, president of the FED, told Trump that the institution will make decisions about interest rates on the basis of «a careful, objective and apolitical analysis.» Powell has been in Trump’s point in recent months, since he advocates more type cuts.
In addition, investors are still pending of American tariff policy. Yesterday the US Court temporarily restored the reciprocal tariffsone day after the US Trade Court ordered them to block them immediately.
As if that were not enough, today Donald Trump assures that China has «totally violated» its commercial agreement Preliminary with the United States, and suggests that it would take measures in response.
With a market that has been processing these figures throughout the day, European stock market 40,109 points, while the Stoxx 50 euro remains 0.11% to 5,365 points.
Wall Street opened today with Dow Jones falling 0.33% in the 42,061.88 points, the S&P 500 declined 0.43% to 19,093.65 points and the Nasdaq left 0.42% on the 19,093.
In Asia, the Japanese Nikkei index closed with a decrease of 0.98% to mark 38,056.50 points, after knowing that the underlying inflation in Tokyo reached its highest level in more than two years.
In China, the CSI 300 fell 0.48%, a tenth more than the SSEC of Shanghai. He Hang Seng Hong Kong leaves 1.20%.
As for fixed income, the Spanish reference bonus to 10 years offers a secondary market performance of 3,124%, which leaves the risk premium with respect to its German counterpart in 59,80 points. On the other side of the puddle, the 10 -year -old bonus obtains a profitability of 4,425%.
Already in the raw material market, oil prices They are heading for their second consecutive week of falls waiting for the meeting this weekend of the OPEC+.
In this way, the Brentof reference in Europe, drops 0.66% to $ 62.93 per barrel, while the future of the West Texas intermediate oil fall 0.30%, to 60.77 dollars.
The euro dollar rises/drops 0.16%, to establish the exchange rate by $ 1,1349 for each community currency. Reviewing the main cryptocurrencies, Bitcoin drops 2%, to 105,400 dollars, while Ethereum is left 2.65%, in the $ 2,600.