The Spanish bag is filled with purchases, with moderate advances in the last sessions, and the third consecutive maximums, at levels not seen in our variable income in the last 17 years. A more than good tone, endorsed by a Wall Street that is still on the rise. However, doubts, with opening levels and a certain tiredness, have been shown in some moments of the session.
Despite this, they send the results, as we will now see in detail between the best and the worst of Our selective that makes a qualitative leap consolidating even the 13,800 points And on the way to 14,000, while in this first half of May it is shown against the popular belief of a negative month in the market.
With these wimbres, IBEX 35 closes this Wednesday’s session with 0.52%increases to 13,840.20 points thanks to values such as Mapfre 3.62%, Merlin Properties 3.23%, and Ferrovial 3.18%and falls that experience values such as Grifols to 3.51%, Telefónica 2.24%, and Solaria 2.17%.
Among the protagonists of the day, Merlin Properties, who leads the profits after having presented their financial results corresponding to the first quarter of 2025, highlighting a Net profit of 84.2 million euros, which represents a 30% increase compared to the same period of the previous year. This solid performance is based on an 8.4% increase in the company’s total income.
According to the Merlin Properties quarterly results report, The income reached 138 million euros, of which 132.5 million come from the income generated by the rental of their assets.
Also Ferrovial that published its figures at the close yesterday of Wall Street, for its price in the American Stock Exchange. In the first quarter of 2025, the Pino Family Company registered an operational result of 496 million euros, which represents a considerable increase with respect to the 152 million euros obtained in the first quarter of the previous year. Income: The company experienced a 7.4% increase in its income in comparable terms, reaching a total of 2,059 million euros. The gross exploitation result (EBITDA) adjusted increased by 19.1%, standing at 309 million euros.
On the contrary for Telefónica, which has obtained a net benefit of continued operations of 427 million euros, 26% less than the result of a year earlier. However, the telecommunications group adds that if the data of its subsidiaries in Argentina and Peru are included, both sold in the first four months of the year (-1,731 million), the quarterly result shows losses of 1,304 million euros.
Ebitda is reduced to 3014 million euros with a financial debt that also drops 4.9%, over 27,049 million.
As for recommendations, two banks. Banco Santander, on the one hand, by the hand of Barclays that has decided to raise the target price of Banco Santander up to 7.60 euros per share, compared to the previous 7.20 euros. The recommendation remains in ‘Overcoming’. The new assessment is a bullish potential of 12%.
On the other hand, one of lime and another of sand for CaixaBank today by the analysts. The best part comes from Citigroup expertswhich have decided to raise the target price of the bank to the 8.50 euros per actionfrom the previous 7.90 euros. Using the closure of yesterday Tuesday, the new assessment is a Alcista potential of 15.67%.
Much less optimistic are the analysts of Goldman Sachsthat maintain their recommendation of ‘sell‘For CaixaBank. While the target price, from 6.70 to 7.20 euros per actionthe new set is 2% below of yesterday’s closure.
Already in the rest of Europe, session of cuts after the accumulated profits in a general way, with the Euro Stoxx 50 that yields 0.26% to 5,402 points, CAC 40 cuts 0.47% to 7,836 points, the Dax loses 0.42% to 23,520 points, and the London session ends to el FT 100 with decreases of 0.25% to 8,581 points.
Already in Wall Street, mixed session with some tiredness for the indicators, with one of the greats, again as the protagonist. Nvidia rose more than 5% after the news that the semiconductor giant He will send more than 18,000 of his artificial intelligence chips to Saudi Arabia. Today it is still up, with 3%increases.
One of the protagonists of the day, very much, is American Eagle, with falls of 6,%, which, despite the amount they are minimized in front of the opening after the company has decided withdraw your forecasts for the whole year. The textile has also published the preliminary results of the first quarter, indicating that it hopes to report a decrease in income of approximately 5%, to 1.1 billion dollars, and an operational loss of 85 million dollars.
AMD clarifies its initial advances, although the increases persist, of 4.9% in Wall Street after having announced that the Board of Directors has approved Value shares of 6,000 million dollars. This authorization adds to 4,000 million dollars in repurchases of shares already approved, as reported by the company.
Investors will also have to be attentive to Robinhood’s price, which has announced a Increase in the number of customers and volumes of operations in April, Due to the volatility generated by the tariff ads of President Trump.
At the end of the day in the Spanish Stock Exchange, the Dow Jones, loses 0.16% up to 42,074 points, the S&P 500 moves in opening with levels of 5,886 points and the Nasdaq OMX is revalued 0.45% to 19,096 points.
In fixed income, bullish tone for the profitability of assets, with The Spanish 10 -year -old voucher, with advances of 0.46% to 3,306% while the German Bund has 0.47% increases to 2,5130%. The Spanish risk premium with falls up to 61.5 basic points with half -point cuts.
In raw materials, with cuts for barrel futures. He Brent that yields 0.87% up to 66.05 dollarsWhile, the West Texas places its price at 63.08 and loses 0.93%. Gold, low 1.86% in its future contract for the next expiration with a price of $ 3,186 per ounce.
Already Bitcoin, already in the 103,102 dollars per active, and taking benefits of 0.53%.
And we close with the Euro Dollar ratio, with a unique currency that earns 0.18% to 1,1205 units.