The Spanish stock market goes through numerous fluctuations In this new session, although more than volatile in its development from less to more, with a protagonist, such as Banco Santander, on the negative level in the face of the implications and doubts that the integration into the group chaired by Ana Botín of its new acquisition unleashes in the market, the American Webster Bank, and that in the end has prevented new highs in the stock market of our country.
The IBEX 35 ends the session with cuts of 0.09% to 18,102.50 points with the falls experienced by values such as Indra 5.68%, Banco Santander 3.48% and Solaria 3.30% compared to the gains of values such as Cellnex 6.61%, Telefónica 5.57% and Inditex 3.36%.
In today’s session the main protagonist is called Banco Santander, which advanced its results to last night, record results with a buyback of 5,000 million euros included, after the purchase of the American financial entity Webster Bank to strengthen its position in the United States for 10,300 million euros at the exchange rate.
An operation poorly valued by the market, despite considering it positive and compatible with the entity chaired by Ana Botín, given the doubts that this integration presents, which has overshadowed the fact that the entity earned 14,101 million euros last year and increased growth over 2024, by 12%.
Without leaving the financial sector, Banco Sabadell amortizes preferred securities in advance for 500 million euros.
Also pay attention to Cellnex after yesterday its board of directors approved a new organizational structure presented by its CEO, Marco Patuano, designed to support the evolution of the Group towards a phase of greater strategic focus, operational efficiency and organic growth. The structure is articulated around four major corporate functions and five business lines: Finance, Control and Purchasing (CFO) – Raimon Trias; Operations (COO) – Simone Battiferri; Strategy (CSO) – Vincent Cuvillier; and Corporate Affairs – Xavier Pujol, who will maintain the functions of general secretary and of the Council. It is the positive protagonist value of the session.
In addition, ACS completes the second execution of its optional dividend after closing the negotiation of free allocation rights, with the issuance of 769,400 new shares and an investment of more than 47 million euros in the repurchase of rights. One of the most penalized values also in today’s session.
But the big victim of this session is called Indra, after collapsing for the second consecutive session and accumulating cuts of more than 14%. And it is that what lies behind the falls These are Moncloa’s doubts regarding the purchase of Escribano, its president’s company. It seems that an operation that the market once again considers an operation marked by politics has been stopped, as highlighted by XTB.
In the rest of Europe, there is a mixed trend, with the EURO STOXX 50 losing 0.37% to 5,971 points, the CAC 40 advancing 1.01% to 8,262 points, the Dax loses 0.6% to 24,614 points and the FT 100 rises at the close of Friday 0.93% to 10,410 points.
But great prominence of Novo Nordiskthe Danish pharmaceutical company that plummets by 17% at closing, given the forecast that it will get worse before it gets better: they expect a sharp drop in their sales of Ozempic and Wegovy in the face of the open price war and in which the American Eli Lilly is clearly winning the battle in recent times in the weight loss medicines market.
Already on Wall Street and with the prominence of American pharmaceuticals as well, we see how the Dow Jones gains positions against the moderate cuts of the S&P 500 and the concerns of the Nasdaq with much greater declines this Wednesday.
Uber forecasts adjusted earnings of between 65 and 72 cents per share for the first quartercompared to the consensus estimate of 79 cents. It does little good for the company to have surpassed Wall Street expectations in both revenue and profits for the fourth quarter. Its shares have registered falls of around 8%.
Among other companies to present their accounts, Advanced Micro Devices plummets despite beating market expectations: earned $1.53 per share on revenue of $10.27 billion. Analysts had anticipated $1.32 per share in earnings and $9.67 billion in revenue.
At the close of the session the highlight of the day will arrive, which is none other than Alphabet’s quarterly report. The analysts compiled by Bloomberg They predict earnings per share of $2.65, compared to the expected $2.15 per share. In addition, They forecast an increase of more than 15% in revenue, to $111.4 billion.
At the close of the Spanish session, the DOW JONES rose 0.68% to 49,576 points, the S&P 500 fell 0.22% to 6,900 points and the Nasdaq OMX lost 1.18% to 22,982 points.
In the rest of the market, we start with the fixed income market, with cuts in the 10-year Spanish bond, from 0.71% to 3.233% while in the case of the German bund, there are decreases of 0.91% to 2.8628%. The risk premium rises by 0.27% and reaches 36.99 basic points.
In raw materials, oil cuts and Brent barrel future drops 10% to $67.26 while West Texas places its price at $63.02, and loses 0.27%. Gold continues to recover and climb with slight increases for its future of 0.27% to $4,948 per ounce.
Already Bitcoin, with significant falls of 3.70% to $73,719 per asset. Finally, in the Euro Dollar relationship with falls of 0.22% for the common currency against the greenback and it is exchanged at 1.1793 units.