In a day of slight movements, which have not gone beyond falls or subtractions that have barely exceeded 50 points difference compared to yesterday’s close, the IBEX 35 closes this Friday holding the level of 12,000, but losing 12,100.
Specifically, the Ibex 35 ends the session with subtractions of 0.39% in the 12,072 points. However, now, once the level of 12,000 has been surpassed, a level that it has not exceeded at closing for almost 15 years, investors are wondering what the selective will do next from the technical side. In this sense, José Antonio González, financial market analyst at Investment Strategies, is betting, after the change in the technical bias of the indicator, on a potential rise for the Ibex 35 close to 2% above 12,300 points for the next sessions. .
Los The most penalized values this Friday have been Puig (-3.51%), Mapfre (-1.73%) and Sabadell (-1.45%). All selective banks have closed with falls: Unicaja (-0.84%), BBVA (-0.81%), Banco Santander (-0.79%), Caixabank (-0.74%) and Bankinter (-0.49%).
On the side of the increases, the largest of the day are for Acciona Energías (2.51%), Fluidra (2.23%) and Colonial (1.86%).
With this, it is clear that, today, Puig Brands and Acciona Energías Renovables have been the face and the cross of the Ibex. In the first case, Puig He has been at the bottom of the selective all day, after announcing that it will initiate a voluntary recall of some batches of the Airbrush Flawless Setting Spray product of its ‘Charlotte Tilbury’ brand by identifying “an isolated quality problem in a limited number of batches”. In a statement sent to the CNMV, it explained that the problem “does not make the product unsafe” and that it does not expect the withdrawal to have a material impact on the company’s annual result. However, investors have opted for sales in the value.
On the other hand, the increases in the Ibex have been led by Acciona Energías, after the improvement of the recommendation by Morgan Stanley, which will see medium-term stock market gains of 18.8% in the Acciona subsidiary.
Within the energy sector of the Ibex 35, Morgan Stanley analysts have also moved the target value of Endesa, which goes from 20 to 20.5 euros, leaving it without potential. The worst stop in this industry has been Redeia, which they recommend underweight (from neutral) and cut their target price from 17 to 16 euros, leaving its possible revaluation at 0.
Continuing with the recommendations, JPMorgan has reviewed three Ibex 35 banks today: Banco Santander has cut its target price from 5.9 to 5.6 euros and Caixabank has lowered it from 6.05 to 5.90 euros; Meanwhile, JPMorgan is more benevolent with Bankinter, raising the price from 6.7 to 7.3 euros. However, “all that glitters is not gold” and, despite the cut to Banco Santander, JPMorgan sees stock market gains for Ana Botín’s bank of 22% for next year.
In another order of news, Fidelity has managed to position itself as the second largest shareholder of Bankinter, surpassing Fernando Masaveu, according to CNMV records. Fidelity has adjusted its exposure to reach 3.14% participation; With this 3.14% and the 2.83% of Fidelity International, the entity reaches a position of 5.97% in Bankinter’s shareholding.
Caixabank has reduced its treasury stock to 0.431% after redeeming the shares it acquired in the share buyback program that ended on November 15, according to the CNMV.
The CAC 40 recovers part of what was lost
European stock markets end the day on a mixed note. He DAX German rises 0.21% at 20,408.65 points, the CAC 40 rises 1.31% to 7,426.8 points and the Euro Stoxx 50 rises 0.51% to 4,977.35 points. For its part, the london stock exchange It closes with subtractions of 0.50% at 8,307.41 points.
This Friday, and After the November employment report in the United States was released, the American indices returned to the green numberswith the DOW JONES rising 0.25% at 44,879.65 points, the S&P 500 adding 0.27% at 6,091 and the Nasdaq Composite recovering 0.25% at 19,752.
The US Department of Labor reported that in November they created 227,000 jobsabove the consensus forecast, which anticipated 200,000; For its part, the US unemployment rate rose to 4.2% from a level of 4.1%, according to the Department of Labor, compared to a forecast of 4.2%, while the number of unemployed has risen to 7.1 million. The data has been good, but not enough to dissuade the Federal Reserve from cutting rates again at the end of this month, hence the rise in the stock market.
In the crypto field, Bitcoin, which reached the $100,000 barrier for the first time as investors bet on a favorable regulatory change in the United States, takes a step back this Friday and investors bet on taking profits. At this time, the cryptocurrency It moves with falls at 99,062.6 dollars.
Oil Futures are moving lower as OPEC+’s decision to postpone a planned production increase until April highlighted concerns about weak demand. At this time, the barrel Brenta reference in Europe, fell 1.28% to $71.17.
In the currency market, the euro is losing strength against the dollar and the Euro Dollar is trading with drops of 0.19% at 1.0566 greenbacks.
In fixed income, the Spanish 10-year bond places its profitability up by 0.36% to 2.768%.
In the today’s European macro agenda we have known the gross domestic product (GDP) of the eurozone increased 0.4% in the third quarter compared to the previous three months, as expected. On the other hand, we have known that the industrial production of Germany has fallen 1% month-on-month in October, according to Bureau of Statistics data published on Friday.