The IBEX 35 drops 0.28% in the opening until it marks 13,046,600 points. Among the most punished values, Amadeus is left 3.11% and IAG (Iberia) 2.74%. At the head of the increases is fluid, with an increase of 1.35%, while Merlin Properties advances 1.04%.
The Madrid selective comes from a day of punishment yesterday, in which he returned to the level of the 13,000 points infected with the fears that assaulted all markets due to the possibility that the US enters recession.
In general in European stock markets «The growth values, especially technological ones, and those that had best been doing it recently, where investors maintain latent capital gains, including banks, were the most punishedwhile those of defensive cut such as the heritage real estate, the utilities or values of the telecommunications sector were the ones that best behaved, ”he says Juan J. Fernández-Figares, from Link Management.
Investors have to be attentive to the price of Indra, which has been the great protagonist of recent weeks in the face of the highest expense expectations in defense of European countries. Today the newspaper Expansion publishes that the company launches its AI platform before the geopolitical crisis and the ‘boom’ in defense. It also leads to its pages an interview with the president of Indra, Ángel Escribano, who says it is «the time to invest in defense.»
The market is also pending the results of Inditex, which will be known tomorrow before the bell touch. The company is far from the maximums it reached in December last year and with the challenge of clearing the doubts left by its previous quarterly report.
Banco Santander has appointed Peter Huber as the new global insurance manager replacing Armando Baquero, which leaves the entity to undertake new projects. Huber, from Wefox, will report to the global head of assembly and insurance management, Javier García Carranza. In addition, its effective incorporation will occur once it meets the agreed notice period.
In the energy sector, Iberdrola is looking for a partner for its portfolio Julieta, with 1 photovoltaic GW in Spain, according to information advanced by The economist y Five days.
In the recommendations of the analysts, Deutsche Bank raises the target price of Amadeus to the 73 euros per actioncompared to the previous 65 euros.
In the continuous market, it must be taken into account that Duro Felguera has requested A three -month extension of the pre -conclusion of creditors to which it was hosted at the end of last December to address negotiations with financial institutions, after not having reached an agreement, for the moment, with the State Society of Industrial Participations (SEPI), thus expanding the period until June 11.
“The company and its hard subsidies Felguera Energy Storage, Duro Felguera Green Tech, Duro Felguera Heavy Caldería, DF Mompresa, DF Operations and Mounts, Duro Felguera Oil & Gas, Duro Felguera Intelligent Systems and DFom Biomas The Spanish firm, the extension of the effects of negotiation opening communication during an additional period of three months, ”said the company in a statement sent to the National Securities Market Commission (CNMV).
The macroeconomic agenda of the day is quite light, highlighting just the US publication of the Jolts of Jobs offered of January.
In European stock exchanges, the DAX rises 0.56%, to 22,737.38 points, the FT-100 gives slightly over 8,597 points, the CAC-40 advances just over half a percentage point, over 8,091.54 points, the euro Stoxx 50 with advances of 0.11%.
Wall Street futures point to a slightly bullish opening, with investors trying a shy rebound after yesterday’s hard punishment, with Dow Jones lowering 2.08% at the close. Even stronger was the punishment for the S&P 500, which left 2.70%, and the technological Nasdaq, which fell 4%.
Investors «feel ‘helpless’ in the face of the performance of a new administration that is putting ‘legs up’ the economy of the country, we will see if for better or worse,» explains Fernández-Figares. «At the moment, and as the US Treasury Secretary, Scott Besent said recently, the main objective is to change the model of a» hooked «economy to public spending and the debt, something that, we understand, will take its time and can be painful in the short/medium term.»
During the Asian day the Japanese stock market closed downward in the face of the growing concern that a high -range commercial war can affect the economic growth of the United States and cause a recession, which led investors to take refuge in the Japanese yen. Tokyo’s Nikkei 225 index ended up leaving 0.32%, at 36,770.50 points. In China, CSI 300 did rise, with an increase of 0.20%.
In raw material markets, oil prices try a shy rebound even though the concern for a possible recession in the US, the impact of tariffs on global growth and the intention of OPEC+ to increase the offer. The reference Brent in Europe rises 0.35% to $ 69.52 per barrel, while the futures of the American West Texas advance 0.23% to $ 66.18.
The euro rises 0.56% against the dollar in the currency market, until they leave the exchange rate at $ 1,0896 for each single currency.
In the fixed income, the profitability of the bonds rises again, although without even reaching the dimensions of last week, with the Spanish debt bonus to ten years paying 3.498% in the secondary market that leaves its risk premium against Germany at 65.15 points. The ten -year -old bonus offers a 4.18%yield.