The IBEX 35 has finally closed with a slight fall of 0.33% to 12,688.90 points. The most penalized value has been Rovi laboratories, with a strong fall of 16.29%, while Puig Brands has retreated 3.38%. On the progress side, Aena has risen 2.36% and Naturgy (natural gas) has noted 2.34%.
Despite today’s descents, the week has been very positive for the indicator, which has been scored A 2.58% advance in the accumulated of five days. The Ibex came to play yesterday intradic maximum of 12,743.70 points before finishing closing at 12,731 points, its highest dimensions since June 2008, the 16 and a half year old a whopping.
The quarterly results season has been one of the great catalysts of the advances of the week, with special mention for Banco Santander, which has noted 11.8% in these five days despite this Friday’s declines. Ana Botín can boast of having returned to the entity to the forefront after difficult years, with the price at maximum of a decade.
Today one of the great protagonists has been Banco Sabadell, who has presented its 2024 accounts, which show a record benefit of 1,827 million euros, 37.1% more than in the previous year. With this result and the positive forecasts it has for the current year, the Bank Board of Banco Sabadell has raised its compensation estimation to the shareholder charged to the results of 2024 and 2025 from the 2.9 billion announced last July to 3,300 to 3,300 Millions of euros. This figure is equivalent to distributing 61 cents per share in the whole of the two exercises.
A measure that seems to stop the hostile OPA released by BBVA in May last year, and that should be resolved in one way or another in the next week. Today the CEO of Sabadell, César González-Bueno, has taken advantage of the presentation of the accounts to send a message to his rival: in his opinion, the BBVA OPA does not make sense at current prices.
But very much, today the protagonist of the Spanish parquet has been Rovi laboratories, with a collapse of 16% after the pharmaceutical company has launched a profit warning before the results he will publish at the end of the month. The company warns that it provides that its operational benefit (EBITDA) at the end of 2024 be lower, in a range of between 10% and 15%, to the figures provided by the market consensus. The reason, «a lower activity of the planned» in its manufacturing business to third parties (CDM) during the fourth quarter of last year.
On the side of the recommendations of the analysts, good news for Arceormittal, who also presented his accounts this week. Barclays has raised the company’s target price to 28 euros, from the previous 25 euros, while Deutsche Bank rises to 32 euros, from the 30 euros previously set.
In other news of the day, the Ireland competition authority has given the green light of 100% of the Cellnex business in the country to Phoenix Tower International (PTI) for a total of 971 million euros.
Also, ACS, through its subsidiary Hochtief, has been selected to carry out a project of 190 million euros in Bavaria, aimed at the extension of the technical university of Rosenheim. The contract includes the construction of a technological park and a wooden student complex.
The joint company between BP and Iberdrola have announced the beginning of the construction works of the largest green hydrogen project in Spain with 25 MW.
On this Friday’s macroeconomic agenda, investors had breakfast this morning with the export, imports and trade balance of Germany, which recorded a commercial surplus of 20.7 billion euros in December, as well as with the industrial production of Spain, which increases 2.1% in December. However, the main course did not reach until noon, when the US Department of Labor made public that in January 143,000 jobs were created, below the planned 175,000in front of a 307,000 fact in the previous month.
The US unemployment rate fell to 4.0%from a level of 4.1%, compared to a 4.1%forecast. As for the average wage indicator, it rose 0.5%. The forecast was an increase of 0.3%.
In Wall Street dominate the red numbers despite these employment data, which seem to aim at lower economic activity but to greater inflationary pressure. The Dow Jones drops about 0.6%, with Amazon and Nike as main culprits of the descents. With regard to the technological giant, it does not seem that the accounts presented last night have finished convincing analysts, especially in regard to their future perspectives. Also falls for the S&P 500 and the Nasdaq technological.
Meanwhile, in European stock exchanges, the Euro Stoxx 50 today fell 0.57% to 5,326 points, while the Dax left 0.57%. In Paris, the chu receded 0.43% and in London the FTSE 100 closed with a 0.33% decrease.
During the early morning, the Asian bags closed positively except for the Nikkei, which left 0.6%. The Shanghai index advances above the percentage point, China A50 is scored 1.2% while Hang Seng approaches 1% revaluation.
In raw material markets, oil prices rise, but are awarded a third consecutive week, harmed by the commercial war initiated by the US president, Donald Trump, against China and threats of tariff increases to tariffs Other countries. The reference Brent in Europe rises 0.24%, to $ 74.27 per barrel, while the future of the American West Texas are paid at $ 70.72, with an rise of 0.16%.
The one who does not rest is gold, which this week has re -marked historical maximums in the face of market volatility, and is getting closer and more to $ 3,000.
Today the euro drops 0.50% against the dollar until leaving the exchange rate at $ 1,0331 for each community currency.
In fixed income, always very aware of monetary policy, employment data leads to the profitability of the US bonus at ten years to rise to 4.50%. On this side of the Atlantic, the Spanish reference bonus pays 3,058% in the secondary market, with the risk premium against Germany in 67,05 points.