The Spanish Variable Income cuts positions determined on Wednesday After the continued rally lived by the IBEX 35, with seven consecutive upward sessions, annual double -digit advance, investors have agreed to mark an important high on the road.
In this case also because the fear of tariffs that pass through LAs Trump’s new statements this afternoon about 25% imported cars, While the press looks at semiconductors and pharmaceuticals as the next most affected sectors.
In this way the Ibex 35 closes Wednesday’s session with important cuts that move away the selective of the barrier of the 13,100 points with which it had begun. The IBEX 35 ends the day with falls of 1.63% to 12,929.40 points with the cuts of securities such as Inditex 3.38%, IAG (Iberia) 2.98% and Banco Santander 2.62% and increases for Indra1 , 76%, Redeia (REE) 1.45%and acts 0.61%energy.
Among the protagonists of the day, Indra that clearly breaks the bassist tonic of the session and with important profits for the third consecutive day. After the advances for the Ukrainian theme, today the profits come from the hand of The strategic association that has signed with the military branch of the Emiraté Edge group, with Abu Dhabi Building.
Indra “It will equip the ADSB FA-400 height patrol with the 3D advanced radar and anti-interdon systems and electronic defense systems To detect, locate, identify and analyze radar signals (R-ESM or ELECTRONIC SUPPORT MEASURE) RADAR Operational, according to the Spanish company.
But the general tonic of the values is again bassist with a more than punished Inditex, after the maximums registered in the session yesterday. Despite their cuts, today we have known that analysts of Santander group maintain the Assessment in the Galician textile of overpowering.
In addition, from Santander they continue to see potential in the textile of the Ibex, and today They further increase their possible medium -term revaluation, uploading the target price of their shares up to 59.30 euros (compared to the 56.40 they gave him previously), which means New historical maximums in the Stock Exchange for the company of Amancio Ortega and a possible revaluation of 7.8%.
Also important cuts for Banco Santander and BBVA, among the greatest falls of the day, Alphavalue/Baader Europe elevates the recommendation of the Basque entity of ‘accumulate’ to ‘buy’, in a movement that has an improvement in the target price, which goes from 15.10 to 16.50 euros per share. This new assessment is a bullish potential of 32.53% compared to yesterday’s closure.
In the case of the Cantabrian entity, it maintains its recommendation to ‘accumulate’ for Banco Santander, with A high target price from 6.44 to 6.92 euros By action. The new assessment represents a bullish potential of 16.08% compared to yesterday’s closure.
E IAG (Iberia) that continues with its clearly bassist journey, today among the most punished of the day while losing the level of 4 euros, after yielding to double digit from its maximums of February 7.
Today it is also more penalized in the market and moves in the level of 4 euros per share, due to the last recommendation on the value of Banco Santander, which places in Overcoming the value, but, in this case, its objective price moves at 3.90 euros per share, therefore with negative potential on its current price of 4%.
Recommendations that, in the case of Enagas, go through the cut of its target price by Barclays, to 14.4 euros per share from 14.7 euros after the results and Deutsche Bank that lowers it to 11 from the precedents 11.5 euros per share.
Already in the rest of Europe, generalized falls, especially in the DAX in account of the punishment for automobile companies. Only Utilities, energy and health care resist in the session, in front of the cuts of the Basic materials, cyclic consumption and industrial values.
New day for Novo Nordisk, to which the profits are added for National Grid and for Iberdrola, in front of the cuts that values such as Glencore, Basf and Munich Re.
At the close of the session, the DAX loses 1.89%, to 22,435 points, the FT-100 trim 0.63%, up to 8,711 points, CAC 40 yields 1.22%to 8,110 points, while the Euro Stoxx 50 descends 1.31%, up to 5,460 points
In Wall Street, follow the results season with analog Devices rises more than one, 6.2% to half session after exceeding expectations both in the income and benefit line, also presenting optimistic forecasts for its second quarter. The chips manufacturer predicts revenues of about 2.5 billion dollars, compared to the 2,460 million expected by analysts, and earnings per share of $ 1.68, compared to $ 1.66 calculated by analysts.
Bumble collapses 27.5% in Ecuador on Wednesday. After the online dating company has given some disappointing forecasts for the first quarter. Bumble expects the adjusted Ebitda to be between 60 and 63 million dollars, and the revenues between 242 and 248 million dollars. Analysts predicted an adjusted Ebitda and income of 68.8 million dollars and 256.9 million dollars, respectively, for the period.
Among the Big Tech, two news, Microsoft presents its first quantum computing chip, Majorana 1, which will not be available through the Azure cloud of Microsoft, but opens the door to future models with greater capacity that will probably be. The value barely moves with 0.3%cuts.
While a Bank of America report on Apple estimates that Trump tariff while He has just announced his cheap iPhonethe 16E iPhone, which according to experts, meets the expected. The value, at opening levels at the end of the Ibex 35 day.
At the close of the Spanish market, Dow Jones drops 0.26% to 44,439 points, while the S&P 500 cuts 0.01%, in 6,128 points. For its part, Nasdaq descends 0.11% until staying at 20,019 points.
Already in the fixed income, the profitability of the assets down, With 0.60% cuts the Spanish bonus to 10 years to 3,138% while, the German Bund places its performance at 2,4795% and yields 0.52%. The risk premium gains positions, but only a slight 0.08% to 66.15 basic points.
In oil, increased before Trump’s measures, to The future of the Brent barrel that lies at $ 76.32 and advances 0.61% And for the West Texas, which, in this case, earns 0.74% to $ 72.35. Gold futures lose positions, 0.16%, to 2,944 dollars an ounce.
The euro dollar with slight cuts for the single currency, of 0.34%, but with a common currency that remains strong against the dollar in the 1,0411 units.
And Bitcoin that goes back to 0.74% to 96,342 dollars per active.