The IBEX 35 closes with 0.12% falls in the 12,952.00 points. At the head of the descents is Repsol, which is left 3.20% after yesterday’s increases, followed by Inditex, which falls 2.60%. Among the advances, Cellnex stands out, which adds a 2.75, followed by colonial real estate and Puig Brands, which add up to 1.5%.
The Madrid selective faced this Friday’s session with shy weekly increases, of just 0.08%. Despite having scored increases in three of the four days until today, the hard falls on Wednesday, exceeding 1.6%, erased a large part of the increases.
Even so, the IBEX does not move away from the maximum area since 2008, having scored a rise of almost 11% since the beginning of the year.
Among the business news of the day, Banco Sabadell has presented today to the CNMC its allegations to the hostile OPA that BBVA launched in May last year on the entity, according to the Europa Press agency, citing sources close to the operation.
Without leaving the banking sector, at the end of yesterday we learned the extensive renewal in the Board of Directors by Caixabank, which gives way to the three counselors that remained from Bankia.
The entity has agreed to propose the appointment of Rosa María García Piñeiro, Luis Álvarez Sato, Bernardo Sánchez Incera, Pablo Forero Calderón and José María Méndez Álvarez-Cedrón as new counselors, and the re -election of Koro Userapaga Unsain, Fernando Maria Costa Duarte Ulrich Y Teresa Santero Quantilla. The company maintains the same structure with 15 members, of which 9 -The 60% – will continue to be independent counselors. The appointed appointments and reelections will be submitted to the approval of the Ordinary General Meeting of Shareholders on April 11.
In the field of recommendations, UBS raises Naturgy’s target price to 25.75 euros, from the previous 23.85. The Switzerland also reviews its recommendation on Repsol, lowering the entity of ‘Buy’ to ‘Neutral’ but increasing its objective price to 13.50 euros from 13.
Morgan Stanley also raises the oil company’s recommendation to ‘equal weight’ from ‘infrapondear’, and the target price to 13.40 euros from 11.70 precedents.
These movements arrive after both companies present their results this week. On the part of Repsol, it reduces its green hydrogen objective to 63% and says that Trump’s gas policies will help lower prices. Their actions closed yesterday with a 7.84%rise, although they lose part of the profits with today’s fall.
The results of Naturgy were also well received, which raised 4.34%, accompanied by the announcement of an increase in the dividend and a self-opening to repurchase up to 10% of the share capital.
In the macroeconomic agenda Today, they knew each other United Kingdom Retail Saleswhich rose 1.7% in January, according to data from the National Statistics Office. The December data was checked down, from -0.3% to -0.6%.
However, the great references of the day are the data of the PMI services and manufacturing PMI that have been published throughout the morning in the Eurozone and its main economies, as well as in the United Kingdom and the US. Among the most prominent data, the PMI composed of the euro zone is 50.2 in February, without changes with respect to the previous month, slightly below the expectations of a 50.5. The American compound PMI shows a 50.4 reading in February.
«In principle it is expected that in Europe the rhythm of expansion of private activity has remained very weak in the analyzed month, and that it has remained moderate and stable in the US,» he said before the data Juan J. Fernádez-Figares, of Link Securities.
In addition, in the latter country the preliminary reading of the month of February of the index of feeling of consumersthat the Michigan Universitywith a reading of 64.7 in February that is below 67.8 expected. “If the readings of all these advanced indicators of activity and consumption are worse than expected, It is possible that the variable rental markets are turned down and close the week with losses ”the expert warned.
Other markets
With a market that has been processing these figures throughout the day, European stock market % in the 8,151 points, the FTSE 100 of London closes flat in the 8,662 points, the FTSE MIB adds 0.49% to the 38,435 points, while the EURO STOXX 50 advances 0.28% in the 5,473 points.
Wall Street today opened the Dow Jones down 0.59% to 43,916 points, weighed with 9.63% that was left United. Meanwhile, the S&P 500 yielded 0.12%, in 6,110 points and the Nasdaq It rose 0.11% to 19,984 points.
In Asia, the Japanese Nikkei closed the session with slight increases, of 0.28%, after the comments of the governor of the Bank of Japan, Kazuo Ueda, relieve the fears that the central bank could be considering a more aggressive position to The time to upload the types. Ueda points out that the Central Bank is willing to increase public debt if long -term interest rates rise abruptly.
For their part, the Chinese bags ended with notable increases, with the Hang Seng de Hong Kong scoring 3.99%.
Regarding fixed income, the Spanish reference bonus to 10 years offers a secondary market performance of 3,140%, which leaves the risk premium with respect to its German counterpart in 67.70 points. On the other side of the puddle, the 10 -year -old bonus obtains a 4,452%profitability.
Already in the raw material market, oil prices They fall strongly this Friday. The futures of Brent They lower 1.85%, to $ 75.06 a barrel, while American oils West Texas intermediate lose 2%, to $ 71.02.
Both had won about 1.4% this week, the largest weekly progress since the beginning of January.
The euro dollar drops 0.42% to establish the exchange rate by $ 1,0456 for each community currency. Reviewing the main cryptocurrencies, Bitcoin rises 0.75% in the last 24 hours, at the edge of $ 98,000, while Ethereum yields 0.5%, at $ 2,700.