The Spanish Variable Income shows its most negative face, given the increase in tension and, especially by Trump’s statement that there is no negotiation route with Iran qThat yesterday he pointed out, indirectly from Arab Fuentes, The Wall Street Journal.
In this way, in the midst of generalized falls the weight of the plasma banking sector that the Spanish stock market is what Worse behavior reflects at the close of this second stock market session of the week.
The IBEX 35 closes on Tuesday with 1.41% drops to 13,911 points with the falls that experience values such as IAG (Iberia) 4.45%, Amadeus 2.71% and Banco Santander 2.68% and the increases experienced by Redeia (REE) 2.20% Repsol 1.78%, and Solaria 1.50%.
As for the protagonists of the day, the worst part of the day again for the tourism sector, with IAG (Iberia) to the head, despite the fact that, today, UBS indicated, in a report on the sector in Europe, that «the recent political climbing in the Middle East It will probably have a limited impact on European airlines due to air routes to the region, a possible weakening of demand due to the economic consequences and the impact of oil prices on benefits «
While pointing out that, in this way, «Airlines should protect themselves from increasing oil prices, at least in the short term, through coverage operations. »
Already at the plan of the banks, Banco Sabadell has confirmed in a statement sent to the National Securities Market Commission (CNMV) that has received “indications of preliminary and non -binding interest for the acquisition of the totality of the social capital of TSB Banking Group”, its British subsidiary.
And Banco Santander, today among the worst of the session after leading yesterday the ups of the Euro Stoxx 50, has reached an agreement with Santander Polska to acquire 60% of the consumption financing business in Poland for 726 million euros. This transaction is part of a broader agreement that involves the sale of 49% of Santander Polska to the Austrian banking group Erste Group.
The entity ensures that «will analyze any eventual binding offer that could receive«. Naturally, any operation would be subject to compliance with all legal obligations,» he clarifies in his statement to the regulator.
In the case of Grifols A, JP Morgan maintains his ‘neutral’ recommendation for the Hemoderivated Company, but Le elevates the target price to 12 euros per share, with a bullish potential of 12.88%. According to the data collected by Reuters, the majority recommendation received by the shares is to ‘buy’, while the average target price is 15.02 euros, 41.83% above the current levels.
Already for Solaria, RBC Capital has decided 14 euros per action. Despite this cut, the new assessment is a Alcista potential of 54.6% in front of yesterday’s closure.
In Red Laboratories chaos, the approval in the US of the modern vaccine for the VRS, the syncitial respiratory virus, whose production is partly responsible for the Spanish pharmacist is known. Rent 4 reiterates your recommendation to overcome, with a potential of 27%.
Iberdrola returns to the foreground on account of the recommendation of Jefferies that recommends buying your shares, qualification that maintains on the value.
But today the market star is in the Continuous marketand it is Neinor Homes that has announced the launch of a voluntary OPA of 1,070 million euros to acquire 100% of Aedas Homes, in a determined bet that consolidates its leadership in the most dynamic residential market in Europe and has risen 16% against the falls of 9% of Aedas Homes.
Already in the rest of Europe, More of the same, with generalized falls while, who wins traction, as the only bullish sector of the nine that make up the Euro Stoxx 50, compared to the greatest falls of financial values and cyclic consumption.
The winners of this session, The British BP, the French Totalenergies and the British Shell, Faced with the falls experienced by banks with Unicreditbanco Santander and Intessa San Paolo at the head.
The Stoxx 50 euro yields 0.99% to 5,286 points, CAC 40 loses 0.76% to 7,683 points, the Dax CAE 1.08% up to 23,430 points and el FT 100 Cot 0.49% to 8,832 points.
Already in Wall Street, generalized but very moderate cuts in the face of the increase in geopolitical tension, on the start of the FED Market Committee meeting, from which changes in the price of American money are not expected.
Currently, the shares of Enfase Energy collapse 26.9% to half session to mark their lower interannual market level. Sunrun solar panel vendors are 42% with their interannual minimums and Solaredge Tech also fall more than 38%. First Solar sinks 19.5%. All this on account of the version of Trump’s fiscal law, which will gradually eliminate renewable energy incentives.
Otherwise for the actions of nuclear energy companies, which rise after the Senate has extended the credits for nuclear energy until 2036. Oklo rises 4.5% and nuclear nano 3.3% in the New York morning.
Lennar construction company has published a report of mixed results in its second quarter, which resulted in Gains per share of $ 1.81 and income of 8,380 million dollars. Analysts had waited $ 1.96 per share action and 8,290 million in revenues. Their actions earn above 2.3%.
In this way, at the close of the Spanish market, the Dow Jones, loses 0.08% up to 42,481 points, the S&P 500 drops 0.20% to 6,020 points and the Nasdaq OMX falls 0.24% to 19,654 points.
Already in the rest of the market, we start with the fixed income, with increases in the profitability of the Spanish bonus to 10 years, of 0.47% to 3,224% While the progress is 0.20% for the German BUND that lies at 2,5350%. The risk premium rises to lead in this session, 13.84% to 69.10 basic points.
In raw materials, oil rises with A future of the Brent barrel that presents advances of 2.76% to $ 75.29while, the West Texas places its price at $ 72.30, and earns 2.95%.
Gold wins positions with An cash price that rises 0.06% to $ 3,387 And his future that yields 0.344% to $ 3,404.
Bitcoin already moves at levels of 104,555 per active and loses 2.7%. Finally, in the Euro Dollar ratio, falls of 0.22%to $ 1,1534.