The IBEX 35 marks its third session in positive thanks to Telefónica and Cellnex on the way to 13,000

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By Jack Ferson

The Spanish Variable Income continues with its unaltered impulse In what we have been with a opening closing levels about 13,000 points with an eye on the improvement of Wall Street and with three upward sessions after having already recovered more than half of what was lost from the announcement of Donald Trump’s tariffs.

On a day marked especially by a vacation business volume, before this semifestive week and the absence of investors, although we remember that Tomorrow there will be session on the Spanish Stock Exchange, Despite being a festive in many Spanish locations.

In this way, at the close of the session IBEX 35 wins 0.49% to 12,942.10 points with the increases of companies such as Telefónica 2.47%, Cellnex 2.26% and Repsol 1.70% and the graph cuts to 1.23%, Bankinter 0.96% and Red Laboratories 0.88%.

Among the news of the session, the Trifols cuts, one of the most penalized in the session on a day in which JPMorgan Chase has increased its participation in Grifols to reaching 3.273% of the share capital at a time when a possible agreement with Brookfield is considered. The hemoderivated firm also plans to exclude its German subsidiary from the stock market.

According to the information of the National Securities Market Commission (CNMV), JPMorgan Chase made two key movements in the Grifols shareholders on April 10 and 11. These movements have been notable, since the participation of JPMorgan Chase has varied in a few days, going from 2,940% to 3,273%.

In addition, rent 4 has been set in the financial sector, with the potential and recommendations of its values. The best among Ibex banks for Sabadell and Santander And the worst for Bankinter, one of the most affected in the session.

In the case of Banco Sabadell, the greatest potential among all entities stands out, with a 28% margin of improvement with respect to its closing price of yesterday, while raising the market value. Its target price, 3.18 euros per share for Banco Santander, is the second that could improve the most in price, up to 7.58 euros per share, 26% from its last price to market closure with rating of raising the value in the portfolios.

Unicaja gives 19% of improvement margin up to 1.99 euros per share while raising the value as a commitment to the entity. For BBVA, the recommendation is to maintain its shares with a target price of 13.85 euros per share and a possible bullish tour for the value of 16% since its closing yesterday. Caixabank gives a 7% potential with the expectation of an objective price per share of 7.36 euros per share, and improvement of 7% from its current price.

The best of the day for Cellnex, which receives a strong support from Bernstein analysts, who have decided to raise Cellnex’s target price to the 42 euros per sharefrom the previous 40 euros. The recommendation is to ‘overpone’. The new assessment is a Alcista potential of 24.74% for the shares with respect to yesterday’s closure, and 23.85% if compared to current levels of contribution.

For its part, new varapalo for the repsol oil company. Today, the Morgan Stanley analysts They have decided to cut the target price of the oil company, which they leave in 12 euros per actioncompared to the previous 13.40 euros. The recommendation is ‘equal weight’. Despite the cut, the new assessment still supposes A potential of 20.24% Facing the closing of yesterday Tuesday.

Already in the rest of Europe, Mixed session, with a clear protagonist, Asml. The chips manufacturer has presented net sales of 7.7 billion euros in the first quarter, with a gross margin of 54%, increasing significantly compared to the same period of the previous year and exceeding its own forecasts. For its part, the net profit reached 2.4 billion euros, doubleing the figure of last year.

However, it presented to lead to lead greater than 6%. Among the reasons, Trump’s global trade war. He cloud of tariffs in their perspectivesit is one of the most negative factors that has resonated in the head of investors in the stock market today: the growing macroeconomic uncertainty promoted by recent tariff developments and Its impact on the accounts of the chips industry, in general, and of ASML, in particular.

At the close of the market, the Euro Stoxx 50 that drops 0.17% to 4,961pantos, CAC 40 drops 07% to 8,171 points, the Dax advances 0.28% to 21,283 points, and the London session ends for el FT 100 with revaluation of 0.26% to 8,270 points.

Already in Wall Street, the last thing is the first thing with Trump that threatens again with tariffs of up to 245% for China so it considers retaliation actions of the country.

A day in which, in negative the indicators move, especially the Nasdaq on account of the NVIDIA falls, after the US Department of Commerce has issued new export license requirements to China for the NVIDIA and MI308 H20 chips of AMD artificial intelligence.

Nvidia announced that it faces charges for 5.5 billion dollars in this quarter due to exports to China, a key market for one of its most popular chips. Their shares fall 6.64% to half session, while AMD leaves almost 6%. Other Chips actions also lose ground, with micron Technology lowering 5.3% and Broadcom lowering 4.3%.

At the close of the Spanish Stock Exchange, the American Stock Exchange is maintained with profits, with the Dow Jones IND AVAGE that drops 0.32% and is placed in the 41,241 points, with a S&P 500 that cuts 1.05% to 5,340 points and a Nasdaq OMX that descends 1.89% to 16,504 points.

Regarding the secondary of public debt, cuts in debt profitability, With a Spanish 10 years bonus that yields 1.41% to 3,205%, while, the German Bund loses 1.77% to 2,5005%. The Spanish risk premium Mark levels of 70.50 basic points with 0.07%drop.

As for raw materials, Oil upwards with the future of Brent barrel, reference in Europe advances 1.64% up to $ 65.72 while That the American West Texas rises 1.84% and trades at $ 62.46 per barrel. Gold futures remain at maximum levels, with increases of 2.65% to $ 3,326.

Bitcoin drops 0.11% and is placed in the crypto market in the 84,808 dollars per active and the euro dollar that gains positions, the single currency drops 0.79% to 1,1370 units.

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