The European stock markets maintain the increases that allowed them yesterday to approach their historical maximums, such as the Dax and, in the case of the Spanish selective, allowed him Among the president of the United States, Donald Trump, and that of Russia, Vladimir Putin, which will be held today in Alaska (USA) with the aim of trying to close the war conflict between Russia and Ukraine. Now the key is in itself, there are still catalysts to continue rising solidly.
Protagonist values in the Spanish Stock Exchange
The IBEX 35, which has commented on the session above 15,300 points, steps on the brake at half a session and, with 0.14%increases, trades at 15,225 fucking.
From a technical prism, Francisco Paris, a technical analyst of investment strategies acknowledges that the selective «continues with important increases, sequence of growing maximums and minimal that derive in a rise in the month of August of 9.06% and in some important levels of overcompra Months although we have to see how the overcompra is resolved. See more …
Among the values that go up the most, Arceormittal and Acerinox steal the podium to the banks. Both values rise more than a percentage point to half a session and are installed over 29.40 euros and 10.79 euros, respectively. The BBVA shares also sneak in the podium, which are recorded 0.9% and return to the level of 16.50 euros.
The rest of the banks try to keep up while much of the selective is passed to the negative field. Banco Santander advances 0.3% compared to 0.4% rise in Banco Sabadell while Bankinter remains flat. Caixabank and Unicaja are passed to negative field with falls of 0.11% and 0.8%, respectively.
In negative, Indra falls take more rhythm and at this time it loses more than 2.6% up to 33.90 euros, colonial real estate rare 0.9% while Endesa’s shares lose 0.8%.
On the corporate side, few news today among Spanish companies. The news about BBVA’s OPA on Sabadell continues, this time it has been known that the Basque origin entity appealed before the Supreme Court the conditions imposed by the Government to a merger with the Sabadell Bank in the process of public acquisition offer (OPA). The Bank presented this resource on July 15, three weeks after the government announced that to authorize the OPA it was necessary for the two entities to maintain their «separate legal personality and heritage, as well as the autonomy in their activity.» This condition could be extended to five years. The BBVA movement occurred before it was known that the European Commission opened a file to Spain for its performance in the OPA, complicating the operation with the argument.
On the other hand, Jefferies maintains purchase recommendation on BBVA and uploads its objective price to 17.7 euros while Citi maintains its neutral recommendation on Unicaja with an objective price that increases from 1.65 to 2.22 EUR.
The CEO of CaixaBank, Gonzalo Gortázar, has taken advantage of the entity’s largest stock market to sell it for 2.4 million, as explained by five days. Caixabank’s shares rise 0.3% in this Friday’s opening.
In the continuous market, you advance above 6% for Atrys Health, which is listed above 2.95 euros followed by Libertas 7 and San José, which advance above 3% to half session.
In negative, Arima loses more than 11%, up to 6.85 euros, while he corrects more than 4%.
On the macro side, the day on Friday will be intense in the US, with the publication of July retail sales (14: 30h), the industrial production of the same month (15: 15h) and the consumer confidence index of the University of Michigan of August (16: 00h) as the main references. Also in the largest economy in the world, the Empire State Manufacturing Index (14: 30h) and the import and export prices of July (14: 30h) will be known.
Other outstanding references of the day are GDP and industrial production as well as retail sales and industrial production in China.
Wall Street and other markets
European stock markets keep up. He DAX rises 0.4%, over 24,478 points, the FT-100 remains flaton the 9,172 points, the CAC-40 trades at 7,935 points after rising 0.8%, while the Eurostoxx 50 advance 0.3%, over 5,455 points.,
After a mixed closure on Wall Street, in which the S&P 500 was the only index that closed slightly positively, today the future quote with a mixed sign. The future of Dow Jones advances 0.64%, over 45201 points, the future of S&P 500 It remains flat over the 6,472.50 points and the future of Nasdaq 100 goes back 0.18%, up to 23,794 points.
In this market today pending two shares. Intel rises more than 4% after knowing that the US government could take a participation in the technological while Unitedhealth is revalued more than 12% in the pre -opening after Berskhire Hathaway, Warren Buffett investment vehicle, has announced an investment in the company.
Asian bags have closed most of them. He Nikkei advance 1.7%, over 43,360 points, the index of Shanghai 0.8%is recorded, over 3,697 points China A50 advances slightly over 14,224 points and Hang Seng It becomes the only negative index with a 1%drop.
Oil prices maintain a caution dose waiting for the summit between Trump and Putin this Friday. If there is finally a peace agreement on Ukraine, it could occur, but otherwise, there could be new measures against buyers. West Texas futures fall 0.6% to $ 63.54, while Brent International reference oil is paid at $ 66.47, with a 0.55% drop.
In the currency market, the euro dollar advances over the dollar, until 1,1686 units while among Bitcoin cryptocurrencies yields more than 2% this Friday, over $ 118,747, after yesterday marking a new historical maximum, and Ethereum goes back 2.7%, up to 4632 dollars.
Among the bonds, the profitability of the Spanish bonus to ten years at 3,273%, which leaves the risk premium with respect to Germany in the 55.4 basic points while the US bonus to ten years offers a yield of 4,283%