The banks are the great negative protagonists of this Tuesday’s session with an eye clearly in the United States as we will see. The IBEX 35 moves away from the precious and psychological level of 14,000 points to the heat that marks the leading sector of the Spanish Stock Exchange.
Today was a day of clear references to the other side of the Atlantic. On the one hand, the effect inflationN, with the June prices on the table that, have grown in the general rate to 2.7% year -on -year and three tenth monthly, have behaved as expected.
Better the underlying with 2.9% year -on -year and two tenths of monthly growth, Below what Wall Street expected. But despite the good reception of the figures the evidence is clear: ltariffs begin to evidence via consumption prices And that is felt among investors.
Also The banks effect, in Europegiven the results that begin to publish the greats in the US New warnings of Jamie Dimon, his CEO, on the fiscal deficit, tariffs and geopolitics.
In this environment, and with great concern for tariffs, Ibex 35 closes the day with 1.15% drops to 13,874.70 points, with the cuts of values such as, AENA 2.34%, Unicaja 2.03% Logisto 2% and rises for fluidra 2.09%, Redeia (REE) 1.55% and acts renewable energy 1.23%.
Among the news, Santander in the foreground, despite the fact that today the value re -registered important falls. The analysts of Goldman Sachs maintain their recommendation of ‘comprar‘For Banco Santander although they reduce the target price of 7.60 euros prior to 7.40 euros per share, which implies a bullish potential of just 2.33% compared to the end of Monday.
Much more confidence has UBSwhich has also raised the target price of Banco Santander from 7.80 euros to 8.00 euros per sharemaintaining the recommendation of ‘comprar‘. In this way, the bullish potential is 10.63% in front of yesterday’s closure.
Also highlight the celebration of the Board of Shareholders of Inditex, on its 50th anniversary for the Arteixo Company. The president of Inditex, Marta Ortega, has highlighted the half -century milestone that the company meets, highlighting the importance of values in a context of constant challenges. Meanwhile, the CEO of Inditex, Óscar García Maceiras, Bet on a «selective growth» of the firm in the United Stateswhile defending the «diversification» of commercial formats in the nearly 100 countries with physical format and the more than 200 ‘online’ in which they operate.
To questions from shareholders about the impact of Donald Trump’s tariffs for the company, García Maceiras has said that Inditex has manufacturing centers «in almost 50 different origins», which leads to the company to «be well prepared before any scenario», Beyond «uncertainty.»
In addition, ACS, chaired by Florentino Pérez, has communicated to the National Securities Market Commission (CNMV) that 40.23% of shareholders have chosen to receive the dividend of 1.55 euros in cash that the company will deliver next Wednesday, May 16. Meanwhile, the rest of the shareholders will receive a new action for every 35 titles that have.
Meanwhile, Puig Brands is one week after fulfilling its first year in Ibex 35, and the value remains far from the levels to which it debuted in the parquet. Barclays cuts the council of Puig a ‘equal weight’ and the target price up to 21 euros per share, in front of the previous ‘overprain’ and 22.60 euros. Today, at the close of the market it will announce its sales levels of the second quarter of the year, which will quote tomorrow.
Already in the rest of Europe, generalized falls with technology as a great protagonist in positive, in the wave that comes from the US. It is the sector of the nine of the Euro Stoxx 50 that rises along with energy, in the face of the fall of the rest, with health care, non -cyclic consumption and the utilities at the head of the cuts.
The Stoxx 50 euro yields 0.30% to 5,354 points, CAC 40 falls 0.54% to 7,766 points, the Dax loses 0.43% to 24,059 points, and the session in London closes with cuts for el FT 100 0.67% 8,938 points.
Among the values, technological ones stand out, such as the Dutch Asml and Prosustogether with Mercedes Benz and BASF, in front of the cuts of Novo Nordisk, Santander y Unilever inter alia.
And in the United States, he sends technology, with the Nasdaq intradicate again at maximum with Nvidia as a great bulwark in the market. New interannual maximums for the value that is already worth more than 4.2 billion dollars in the market and pull the sector rise. All after Trump’s conversation and the company’s CEO and the announcement that They will soon resume the sales of their H2O chips to China. «The US government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries soon,» the company said in a statement.
In terms of results, JPMorgan Chase has presented to the market Gains per share of $ 5.24 per share, while the income amounted to $ 45,680 millionabove the 44,060 million planned. Market activity shot because investors took advantage of opportunities and covered risks in response to changes in tariff policies. Instability promoted operations revenue by 15%, up to 8,900 million dollars, driven by profits both for fixed and variable income.
They highlight in positive those of Citigroup has put on the table a benefit of 4,000 million dollars, or $ 1.96 per share, on revenues of 21.7 billion dollars. Analysts had planned $ 1.60 for $ 20,980 million.
At the close of the Spanish session, the Dow Jones is shown with 0.55% cuts to 44,216 points, the S&P 500 yields 0.02%, in 6,266 points, while the Nasdaq OMX rises 0.55% to 20,753 points.
Already in the fixed income, cuts in the profitability of the assets with The Spanish 10 years bonus that places its performance at 3,314% and drops 0.84%, compared to 0.88% that gives the German Bund, up to 2,7050%. The Spanish risk premium drops 0.65% to 61 basic points.
As for raw materials, Cut for barrel futures, with a brent, reference in Europe, with falls of 0.29% to $ 69.01, while those of the American West Texas, yield 0.49% to 66.66 basic points. Gold futures descend % to $ 3,353 per ounce.
The euro dollar yields positions with the cutting of the single currency of 0.45% to 1,16914 units, while Bitcoin moves with collection of benefits and cuts from the new maximum of $ 123,000 of $ 3.11% to 116,139 dollars per active.