The Spanish bag has passed a session, this fourth stock market of the week, with a lot of business prominence and great movements, Especially upwards for some values, while moving at opening levels throughout the session to end up consolidating levels in the indicators and showing slightly down.
Investors take it easy and the falls in some of the great values, such as Santander, Inditex and Iberdrola Banco, have varied the panorama against much of Europe, with new consecutive maximums and good advances in the selective paneuropean of 50 values.
Anyway, The Spanish selective remains above 15,500 pointsprepared to undertake the task of achieving new historical maximums, a path that today, values such as ACS have already traveled.
At the close of the session, the IBEX 35 Mark clippings of 0.27% to 15,496.20 points with the decreases of Banco Santander 1.8%, Repsol 1.8% and MAPFRE 0.93% and the increases that experience values such as Solaria 7.40%, indra 4.55% and ACS 3.32%.
Among the protagonists of the day, again Solaria who for the third consecutive day leads the market strongly and reaches a revaluation in three days, thanks to the closure of the short positions for the value of the value, of 21%, after the bearish escalation since the beginning of September. All this with the support of analysts such as Bank of America, who goes from Neutral to buy in his recommendation on the value with his eye on his capital Markets Day of November 17, and after the good reading of his results.
Advances also for Indra that approaches the maximums of the discussions about the anti -Dangon shield that is spoken at the community summit to deal with Russia and while the merger with a notary is seen closer than for analysts will contribute a lot to the defense and technological company.
ACS at maximum is another of the protagonists of the session after knowing that UGL, member of the CIMIC Group (Australian subsidiary of ACS), has been selected by Neoen, exclusively renewable energy producer, and Tesla to build the 164 MW crowel battery, to the northeast of Perth, in Western Australia. Also support from the technical point of view for the value for increases that may have continuity, provided that, according to IE analysts, we do not attend daily closures of the value below 65 euros per share.
As for recommendations, Redeia (REE) in which it sets its stock market Look Deutsche Bank, which has reiterated its recommendation to ‘sell’ for value, also cutting its target price. Specifically, the German firm cuts the target price of Redeia to 14 euros per share, from the previous 15 euros. The new assessment is a negative potential of -14.4% compared to yesterday’s closure.
Meanwhile, Jbcapital analysis of all Ibex 35 banks less Debanco Santander in all cases improvement of the target price. But the increase in the possibilities of improvement for banks passes because right now Banco Sabadell quotes with a discount of 40%, since it maintains its purchase recommendation on its shares and raises the objective price to 4.60 euros per share from the 4 precedents.
More recommendations. Since IAG (Iberia) is JPMorgan’s favorite bet between European airlines, in front of Air France-KLM and Lufthansa.
Besides, The actions already have the seal «Positive Catalyst Watch» In the third quarter report and remain in the «analyst approach list» of the investment bank, which includes the best recommended investment ideas. Raises its shares, with objective price that places 5.5 euros per share. A price that assumes that airline holding shares is quoted with a discount on the 26%market.
Already in the continuous market, prominence in its market day for techniques gathered, with substantial improvement in the dividend to be distributed among its shareholders and leading the profits today of the Spanish Stock Exchange above 8% for a value that rises in the year by 134% due above all to the engineer getting more and more of oil projects.
In addition, it has pledged to return in advance the entire participatory loan and the pending amount of the ordinary loan that it received in February 2022 with a charge to the Fund for the Solvency Support of the Strategic Companies (PHASE) managed by the State Society of Industrial Participations (SEPI), and will complete the 340 million.
The worst of the day for Duro Felguera, which sinks more than 30% after knowing that the Commercial Court number 3 of Gijón has denied its request to make the fourth extension of the pre -conclusion of creditors to present its restructuring plan. The company had asked to expand its preoccupic of creditors, which expired on September 30, until October 20.
Already in the rest of Europe, maximums for the euro Stoxx 50 that earns 1.21% to 5,648 points, CAC 40 rises 1.13% to 8,056 points, the Dax advances 1.18% to 24,438 points, and the session in London closes with cuts for el FT 100 0.24% 9,423 points.
In Wall Street, the second day of closing government that already affects the market, the weekly employment data and other macro data have not been published and tomorrow it is more than likely that, if everything continues, we do not have the American employment report of September, crucial for the Fed to test the types at the end of the month with a new descent.
With the prominence of Berkshire Hathaway, who has formalized the agreement to buy Oxychem, the Petroleum Western Petrochemical Unit, for 9.7 billion dollars in cash. It supposes The biggest purchase of the Warren Buffett investment arm since 2022when he paid $ 11.6 billion for the insurer Alleghany. In addition, it occurs at a time when the conglomerate accumulates 344,000 million dollars in cash, a record for the company. Berkshire is already an important Western investor, with a 28.2% participation with data at the end of June.
At the close of the Spanish session, the Dow Jones drops 0.28% to 46,308 points, the S&P 500 yields 0.27% and is placed in the 6,695 points while the Nasdaq OMX advances 0.02% to mark the 22,759 points.
Already in the fixed income, cuts in the profitability of the assets with The Spanish 10 years bonus that places its performance at 3,249%and yields 0.12%, compared to those of 0.29% for German Bund, up to 2,7062%. The Spanish risk premium cuts 0.53% to 54.28 basic points.
For its part, in raw materials we see The falls happen a day mads for Barril’s futures, with a brent, reference in Europe, with falls of 1.19% to $ 64.57, while those of the American West Texas, yield 1.23% to 61.02 basic points. Gold futures cuts 0.93% to $ 3,860 per ounce, from their historical maximums yesterday.
The euro dollar loses positions with the decline of the unique currency of 0.19% to 1,1708 units, while Bitcoin moves upwards at 1.45% to exceed 119,134 dollars per active.