The selective takes upward traction this Friday. After the initial doubts, the IBEX 35 rises 0.42% over 15,368.20 points to half a session. If the current trend is maintained in the selective, it will close the week Marking a new annual maximumat levels also that he has not stopped since 2007.
The highest increases are recorded by ROVI laboratories (+1.23%) and ArcelorMittal (+1.19%), while on the opposite side, colonial real estate agency lows 0.26%active is left 0.23%. The banks, who have started the session with falls, have not taken long to turn and drive at this time at IBEX 35. The most bullish is BBVA, which rises 0.49% followed by Unicaja, which bounces 0.41%.
Few references at the business level in today’s session. Telefónica pending that could prepare a capital expansion, according to Populi Voz, which already has the support of its main shareholders – the State, Criteriacaixa and STC – and with the aim of gaining financial muscle and facing its new strategic plan in the best conditions.
In addition, we have known that Spanish banks raised the ROE ratio (return on equity), which measures the quotient between benefit and net worth, up to 15% to closing data of this year collected by the European Banking Authority (EBA). It is an escalation of 2.6 percentage points since the previous year, being the largest jump in the entire European bank, only behind the Luxembourg, which almost doubled its profitability in the period, from 6.9% to 16%.
Meanwhile, CaixaBank has informed the CNMV that he has executed 57.25% of its sharing repurchase program, acquiring more than 2 million titles in the tenth week.
Iberdrola is advancing in the processing to build in Ourense the largest pumping hydroelectric plant in the continent, with an investment of about 1.5 billion euros. Specifically, Energy requested this summer the declaration of environmental impact and prior authorization as part of a long process in which it already obtained the support of the Xunta de Galicia, according to the economist.
Also pending IAG (Iberia) the day Five days He publishes that Portugal would be looking for rivals for the airline in the sale of 49.9% of the public TAP.
In the recommendations of the analysts, Goldman Sachs maintains his recommendation to ‘sell’ for colonial real estate, which gives a negative potential of 6.5% compared to their current levels.
In the continuous market, the strong libertas falls highlight 7, which goes back more than 4% in the first minutes of negotiation, followed by Grenergy Renewables and GAM, which lose more than 1.4% this Friday.
In positive, Squirrel Media advances more than 3%, up to 2.13 euros while renting 4 and Nyesa Securities support profits with advances of more than 2% in the opening.
The market in «wait and see» what Powell says
Among the macroeconomic references in Europe, it stands out Germany’s GDP, which contracted 0.3% In the second quarter. The confidence among entrepreneurs in the manufacturing sector of France remained unchanged at 96.0 in Augustaccording to data published on Friday by the Official Statistics Agency, Inse. The July data had shown a level of 96.0, while a reuters poll between analysts had planned that the figure be located at 96.0 in August.
In the United States, the number of oil platforms Baker Hughes is published.
Sin emirgo,The highlight of the session and the week will come from Jackson Hole (Wyoming) where today will speak the president of the Fed, Jerome Powell. The market is aware of whether it gives any track about future movements in interest rates for the September meeting.
«While the market continues to bet because the Fed, at the meeting that will hold its Federal Open Market Committee (FOMC) next September, will lower your reference interest rates at 25 basic points -Ack the probability that futures markets give to this movement fell to 73% from 85% of the preceding day-, not all investors have it so clear, since the discrepancies among the members of the aforementioned committee remain important, with a relevant part of the same more concerned about inflation than by the labor market, «says Link Securities experts.
Besides, The latest advanced data, such as the PMIs that were published yesterday, show that private activity continues to grow at a significant rate In the US while the data of unemployment subsidy requests reflect some cooling in the labor market. For all this it is feasible that the president of the FED «limits himself once again to say that the Central Bank will continue in» mode «» wait and see «, dependent on the data that are published. If so, and if Powell avoids» getting wet «in terms of interest rates, it is possible that both bond markets and shares close the week down.»
Other markets
European stock markets move mostly positively. The Stoxx 50 euro, the main index of the old continent, rises 0.25% to 5,475 points, while the German Dax progresses a light 0.05%. CAC 40 of Paris rises 0.12%. The FTSE 100 of London is unmarked, which yields a slight 0.07%.
After a downward closure on Wall Street, today future quotes slightly up. The future of Dow Jones advances 0.33%, over 45,002 points, the S&P 500 It is installed on the 6,402 points and the future of Nasdaq 100 in the 23,249 points.
Petroleum prices fall slightly, while the hopes of immediate peace between Russia and Ukraine fade, which has increased the risk premium required by oil sellers and that has put prices on the way to break a two -week running streak. Brent oil lfuturo drops 0.33%, over $ 67.43 while West Texas fell 0.31%, over $ 63.32.
In the currency market, the euro goes back positions against the dollar. The torque falls 0.07% and moves at $ 1,1599 while among cryptocurrencies, Bitcoin goes back 0.4%, to 112,845 dollars and Ethereum rises to $ 4,319.
Bonds today rise again. The profitability of the Spanish to ten -year bonus drops to 3.34% compared to a German bonus that offers a yield of 2,7488% and leaves the risk premium in Spain the 59.1 basic points. In the United States, the return of the ten -year bonus rises to 4,338%.