The Spanish variable income closes the week in negative, With Friday’s falls and with a slightly red tone, with losses of 0.29% in the global calculation of the week. To the falls generalized by the cuts of the banks with great weight in the index due to the female of the tariffs it has added an unexpected stone guest that has finally not transcended much: We talk about the fear of inflation in the US, with two negative data that we have met in the afternoon today and that have led to greater force falls in our stock market throughout Europe.
In spite of this, the intradic descents greater than 1% have not been in the end and, finally, the IBEX 35 has yielded to a lesser extent despite the clear negative pressure that Wall Street has exerted throughout the afternoon and in addition, also, It is maintained above 13,300 points.
With these wimbres, the IBEX 35 closes with falls of 0.84% to 13,309.30 points with cuts that experience values such as IG (Iberia) 4.30%, Amadeus 3.37% and ArcelorMittal 3.35% and the increases experienced by acting 2.16% renewable energy, Endesa 2.16% and Iberdrola 2.04%.
Among the protagonists of the day, IAG (Iberia) stands out in negative that drags the rest of the sector. His actions quoted the known information late yesterday about the possible sale of his 20% participation in Air Europa, while Globalia (the owner of the Spanish airline) continues the conversations with Air France-KLM and the German group Lufthansa to sell a participation in the company, as the CEO of IAG has told Reuters.
«It is something that we are going to decide when (Globalia) makes a decision about what it does with the company (Air Europa). We can stay or we can leave «said the CEO of IAG, Luis Gallego.
Also in negative, with the drag of the entire sector, BBVA moves has announced adjustments in cash payment and in the exchange of shares in its hostile OPA by Banco Sabadell, to adapt to the distribution of dividends that both entities will make. These adjustments are made with the objective of keeping the economic conditions of the offer equivalent after the dividends payments by BBVA and Sabadell.
BBVA has set at 0.29 euros per cash payment that will be offered in the OPA by Sabadelland has established an exchange of 5,3456 Sabadell shares for a BBVA action. These adjustments are due to the cash dividend of 0.41 gross euros approved by the BBVA General Shareholders Meeting, which will be paid on April 10. As a result of the complementary dividend of BBVA, As of April 8, the consideration offered to Banco Sabadell’s shareholders will be an ordinary action of a new BBVA issuance and 0.70 euros in cash for every 5.3456 ordinary shares of Sabadell.
And in the continuous market, Protoism to the big for several values. The rise greater than 16% of Catalan Occidente, after knowing that Inocsa has taken an important step by launching a public acquisition offer about 37.97% of the actions of the Catalan Group of the West that does not yet control. The offer is 50 euros in cash for each title, which represents an 18% premium with respect to the closing of the previous day.
Inocsa currently has 62.03% of GCO’s shareswhich will be immobilized during the acquisition process. The offer is directed towards 45.55 million shares, which is equivalent to 37.97% of GCO’s share capital, reaching a total value of 2,277 million euros.
In addition, on the negative side OHLA that is again the most penalized value of the continuous market, with a strong fall of 6.7%, but which has exceeded 8%intradic, after yesterday it already collapsed 12.26%. The Fall in just two sessions is 15%placing the company in negative terrain already in the accumulated of the year.
Already in the rest of Europe, generalized falls, except for the opening levels, at the closure marked by the London bag. One more day the utilities have positively marked the session, together with non -cyclic consumption and health care. Among the upward values, the British stand out, with National Grid, la London Stock Exchange y AstraZeneca, among which the advances of DT, Enel eIberdrola, these last two per second consecutive session.
In the negative part, industrial sectors, energy and cyclic consumption French Schneider Electric, Asml Holding and BP with clearly red closure with decrease between 2 and 3%.
At the close of the market, the EURO STOXX 50 loses 0.92% to 5,331 points, CAC 40 drops 0.96% to 7,916 points, the Dax yields 0.87% to 22,468 points, and the London session ends for el FT 100 with opening levels at 8,665 points.
Already in Wall Street, at half session the indicators opt for strong losses that have changed the weekly accumulated bias positively in fear with capital letters that seize investors before the increasing inflationary pressures and their consequences in the first economy of the world.
And it is that two data have targeted with the hopes of increases for investors in the New York Stock Exchange. On the one hand, the figures of the PCE, the inflation of spending and personal consumption, which have been placed, clearly year -on -year rise, after the rise in March and with underlying levels, which really looks at the Fed In its preferred estimate of the market as far as prices are concerned, in 2.8%
And then the derivatives of The consumer confidence survey of the University of Michigan, which mark prices expectations of 4.1% in the long termthe worst data in 32 years and general inflation levels that were not seen since November 2022.
All this has made investors very nervous who have clearly opted for sales plunging into Dow Jones with falls greater than 530 points to half session and greater than 2% already for the punished Nasdaq, which already yields in the year almost 10%.
At the close of the Spanish Stock Exchange, the Dow Jones Indenga drops 1.30% and is placed in the 41,748 points, with a S&P 500 that cuts 1.66% to 5,597 points and a Nasdaq OMX that lowers a significant 2.37% to 17,379 points.
Already in the fixed income, the profitability of the assets down, with 1.24% cuts for the Spanish bonus to 10 years to 3,356% While, the German Bund places its performance at 2,7260% and drops 1.77%. The risk premium rises an important 2% to 62.80 basic points.
In raw materials, oil is shown with descents, with A future of the Brent barrel that drops 1.20% to $ 72.50while, the West Texas places its price at $ 69.07, and drops 1.22%.
Gold, with 0.86% increases in their future that advance again to historical maximums in price up to 3,117 dollars an ounce.
Bitcoin already, which falls to lead, 3.5% due to general risk aversion and generalized sales of investors in variable income and is placed in the 83,823 dollars per active.
Finally, the Euro Dollar ratio, which rises 0.25% after the drop in the dollar due to inflation data and places the change between the single currency and the green ticket in the 1,0830 units.