The IBEX 35 closed with falls of 1.04% to 15,821.90 points. Among the stocks that are trading with declines, ACS sinks 7.66% due to the hesitation over IA values. They are followed by Indra, which fell 4.82%, and Repsol, which fell 3.92%. Among the values that rise, Amadeus adds 2.90%, compared to the 2.81% that Cellnex scores.
The Madrid selective faced today’s session on the verge of 16,000 points, after chaining two days of consecutive increases. Even so, it closes the week negatively, with falls of around 3%, a trend accentuated by today’s declines.
Among the business news of the day, BBVA, after the failure of its takeover bid for Sabadell, reports that it will return more than 5,000 million in a matter of months, via dividends and, predictably, additional buybacks.
Caixabank has informed the CNMV about the execution of 99.70% of its share buyback program, which has a maximum amount of 500 million euros. In the twenty-third week of the program, the entity acquired 2,122,152 securities at a weighted average price of 9.2113 euros, totaling nearly 20 million euros.
Also in the financial environment, Bankinter communicates its decision to proceed with early amortization of securities on January 17, 2026. Since that day is not a business payment day, it will be postponed until January 19.
IAG submits a declaration of interest to buy a stake in the Portuguese airline TAP as part of the Government’s partial privatization plan, but «several conditions would need to be addressed before IAG could propose an investment», according to a company spokesperson.
The German Lufthansa indicated yesterday that it had presented its interest in a minority stake, while AIR France-KLM is also one of the interested parties.
Ferrovial announces that the ratio of the second flexible dividend is one Ferrovial share for every 114.8368 existing shares of the company. In addition, the company receives a recommendation from Renta 4, which raises its target price from 50 to 59.70 euros. For its part, Bankinter maintains its ‘buy’ Repsol recommendation and places the target price at 18.80 euros.
Furthermore, yesterday afternoon we learned that Telefónica has secured the exclusive audiovisual rights to broadcast all UEFA competitions in Spain during the four seasons that cover the cycle 2027/2028 to 2030/2031.
Already in the Continuous Market, Línea Directa will pay a gross dividend of 0.0138 euros per share on December 5, and the board of directors of Faes Farma has approved the payment of a cash dividend against 2025 results of 0.041 euros per share, which will be paid on January 12.
In the macroeconomic agenda Today, this morning it was learned that UK retail sales fell 1.1% in October compared to September. Today investors are also digesting the Manufacturing PMI, Services PMI and Composite PMI data for France, Germany, the entire Eurozone, the United Kingdom and the US.
Among the most notable figures already published, the Composite PMI of the Eurozone falls to 52.4 in November, while the German manufacturing PMI falls to 48.4.
With a market that has been processing these figures throughout the day, the European stock markets close the session this Friday with the German Dax down 0.72% at 23,140 points, the French CAC 40 scores 0.02% at 7,982 points, the FTSE 100 in London gains 0.17% at 9,543 points, the FTSE MIB drops by 0.58% to 42,670 points, while the EURO STOXX 50 fell 0.94% to 5,517 points.
Wall Street opened today with the Dow Jones rising 0.36% to 45,916.58 points, the S&P 500 rose 0.36% to 6,562.11 points, while the Nasdaq advanced 0.38% to 22,162.83 points.
The main indices of the New York stock market, with the recent falls, entered the territory of pullbackleaving more than 5% from its highs.
«And it is pullback Whether or not it becomes a full-fledged correction – for this the indices would have to lose more than 10% from their recent highs – time will tell,» he indicated before the market opened. Juan J. Fernández-Figares, of Link Securities. “Although you never know how the market will react, especially at a time when there is so much automated trading based on algorithms, the current market sentiment is very negative and we do not see, at least in the short term, any factor that could change it.”
In Asia, Japan’s Nikkei index closed the session with a decrease of 2.40% to 48,625.88 points, given the pressure on technological stocks, and thus ignoring the approval by the cabinet of Japanese Prime Minister Sanae Takaichi of an economic stimulus package of 21.3 trillion yen (135.4 billion dollars).
In the rest of the Asian stock markets, the CSI 300 Chinese fell 2.44%, the same as the SSEC from Shanghai. He Hang Seng of Hong Kong falls by 2.38% and the Kospi South Korean, 3.79%.
Regarding fixed income, the reference 10-year Spanish bond offers a yield in the secondary market of 3.206%, which leaves the risk premium with respect to its German counterpart at 51.29 points. On the other side of the pond, the 10-year US bond obtains a yield of 4.063%.
Already in the raw materials market, the oil prices suffer sharp falls, prolonging the declines for the third consecutive session, with the US trying to promote a peace agreement between Russia and Ukraine that could increase supply in the world market.
In this way, the Brenta reference in Europe, fell 1.80%, to $62.24 per barrel, while West Texas Intermediate oil futures fell 2.25%, to $57.67.
The Euro Dollar drops 0.23%, establishing the exchange rate at 1.1502 dollars for each community currency.
Instability continues in the cryptocurrency market, with Bitcoin falling more than 6%, to the level of $83,000, while Ethereum is down more than 6.5%, at $2,700.