The Spanish Variable Income smiles again From the hand of the increases presented by the Ibex 35 that has consolidated, at the close and for the first time in the second half of the year, the 14,000 points. A good way to face the Ecuador of the week marked without a doubt by Santander’s TSB sales operation by Sabadellwhich is a new twist for the hostile OPA that continues to advance to take it from BBVA.
A quiet day in which European indicators, except London shines moderately, while Investors, in these classes, think more about tariffs, still to close despite the advanced conversations that face the final date of July 9 That, according to US president Donald Trump, it will not be varied, now that he is concentrated in his Fiscal Law that has already passed the Senate processafter winning the game with the quality vote of the vice president, JD Vance and now pass to the House of Representatives.
And this afternoon, half an hour before closing, President Trump has announced an agreement on tariffs with Vietnam.
The IBEX 35 closes the session on Wednesday with profits of 0.41% to 14,044 points, with the advances of values such as Arceormittal 5.89%, Banco Sabadell 5.22% and Acerinox 4.24% and the falls that Cellnex 1.41%, Merlin Properties 1.24% and Endesa 0.96% experience.
Undoubtedly, the banking sector is the great protagonist of the day, with an eye on BBVA to continue with the OPA, to Sabadell’s response in the rapid sale of its United Kingdom subsidiary. TSB with which Santander has done after paying 3,000 million euros for her, and thus reinforce her position in the United Kingdom, in front of the news that in January, indicated that the entity intended to leave the country.
It is the last episode, for which Banco Sabadell promises an extraordinary dividend by 2026 to shareholders who do not support BBVA offer, of 0.5 euros per share and for a total amount of 2.5 billion euros, a good part of the profits for the sale of TSB.
All values gain positions per especially Sabadell, the great beneficiary of the session, however, has not come to play the annual maximums of May 23.
Yes do renewables, today with a great day for the sector and not only in Spain. Annual maximums that mark both solaria and active renewable energies with today’s intradic increases.
They also highlight the adjustment of the flexible Iberdrola dividend that will distribute among its shareholders 0.409 euros per share as a complementary dividend with charge to the results of 2024, according to the terms of the new edition of the “Iberdrola Flexible Remuneration” system. Among the dates, if you want to charge in cash, tomorrow will be the last day to buy your shares with the right to compelling.
And attention to IAG (Iberia) on which Barclays abandons his confidence. In a recommendation in the London Stock Exchange, the British entity maintains its advice to underprate its shares with a target price of 2,741 euros per share, which already touches 4 euros per share.
And outside the IBEX 35, Ohla stands out with its climbs almost double digit. The company benefited from riding an arbitration award that demanded the payment of 950 million euros to a ‘Joint Venture’ in which it participated, related to works carried out in Qatar. Despite the initial expectations of a negative impact of approximately 147 million euros, the final result has been positive, generating a favorable impact of 15 million euros on Ohla accounts.
Already in the rest of Europe, the euro Stoxx 50 wins 0.68% to 5,318 points, CAC 40 rises 0.99% to 7,738 points, the Dax gana 0.30% to 23,788 points, and the session in London closes with falls for el FT 100 of 0.18% the 8,769 points.
And in Wall Street, volatile session on a day in which technology weighs more than bad employment data in the market. Although yesterday, the sector was clearly shown, today it pulls the market.
Despite, as we say Bad numbers for Creation of Private Employment ADP that indicate a destruction of employment in the United States of 33,000 jobs In June, compared to the 100,000 expected for the first time from the pandemic. The market has opened slightly down, but the Tech rebound has changed the panorama, except for Dow Jones, which, in half a session loses slight positions.
Tesla, a great protagonist of the day, reaches exceeding 4.5%, bouncing after yesterday’s falls and despite the bad deliveries and production of vehicles of the last quarter, the second consecutive in negative.
As for deliveries, 384,000 vehicles counted in the second quarter that represents a 14% drop compared to last year and the second consecutive quarterly, while total production reached 410,244 units. Figures similar to expected.
News, in the case of Microsoft that go through the dismissal of some 9,000 employees in their last round of cuts. A measure that will affect less than 4% of its global template but will run, according to the CNBC for all geographical areas, equipment and experience levels.
Monitoring also on JPMorgan Chase, which barely rises 0.44% that plans to increase its quarterly dividend. The dividend increased to $ 1.50 per share and the bank authorized a new shares of shares for 50,000 million dollars.
All this in the middle of the intention Bank of America announced an 8% increase in its dividend, up to 28 cents per action. Wells Fargo announced an increase to 45 cents per share, and Morgan Stanley raised his dividend to 1 dollar per share and re -songwritered a multiannual plan to repurchase shares for up to 20,000 million dollars. Meanwhile, Goldman Sachs increased his dividend to 4 dollars per share and Citigroup increased his payment to 60 cents.
At the close of the Spanish session, the Dow Jones is shown with advances of 0.03% to 44,507 points, the S&P 500 wins 0.24%, in 6,213 points, while the Nasdaq OMX rises 0.75% to 20,354 points.
Already in fixed income, strong increases in the profitability of assets with The Spanish 10 years bonus that places its performance at 3,268% and advances 1.81%, compared to 1.83% that rises the German Bund, to 2,6150%. The Spanish risk premium rises 1.09% to 65.10 basic points.
For its part, in raw materials we see The increases occur to Barril’s futures, with a brent, reference in Europe, with advances of 0.82% to $ 67.66, While those of the American West Texas, they earn 0.69% to 65.92 basic points. Gold futures barely rise 0.07% to $ 3,351 per ounce.
The euro dollar yields positions with the cutting of the unique currency of 0.25% to 1,1774 units, while Bitcoin moves up to 2.30% to exceed 108,469 dollars per active, increasingly closest to historical maximums.