Of the United States Agreement and Japan, around the market for the second largest, Iberdrola, with 4%drops. Of euphoria to maintain the type positive. Thus the intermediate session of the week is summarized in the Spanish Stock Exchange, which is paid with profits and maintenance of the psychological level of 14,000 pointsbut far, far from the best levels of the day, which took banks to profits greater than 2%.
And is that the weight of the energy sector and the generalized falls from the entire sector before the fall of the antiapagones decree That it was not approved yesterday at Congress has joined the news of the day, the capital expansion of Iberdrola.
Perfect energy storm that has resulted in the slightest revaluation for the Spanish Variable Income in this positive session of the entire Old Continent.
In this way, the IBEX 35 ends Wednesday with 0.19% increases to 14,067.90 points due to the advances of values such as ROVI laboratories 2.84% Sacyr 2.43% Fluidra 2.40% and Iberdrola falls 4.69%, Endesa 3.60% and Redeia (REE) 3.16%.
Iberdrola has been, as we say, the main protagonist of the session. In the first hour he published results, a period in which the net profit It reached the 3,562.2 million euros, which represents 14% less compared to the same period of the previous year, when the results included the sale of gas assets in Mexico, in the first half of the year.
But also, he announced a capital expansion, that of rapid placement, it has been resulted, before closing with a total effective amount of the capital increase (including nominal value and emission premium) finally amounts to 5,016 million euros. The new shares represent approximately 5.214% of the capital before the operation and 4,956% after it. The operation has been overwhelmed 3.8 times, which demonstrates «the strong support of the market to the company’s strategy.»
The extension has been closed at a price of 15.15 euros per shareabove the insured price and 7.5% higher than the average contribution of the last year, a period in which, in addition, the remuneration to the shareholder has reached 0.645 euros per share, including the complementary dividend already discounted, which becomes effective tomorrow, July 24. However, it represents a discount of 4.687% on the closing price of the action yesterday. The new actions are expected to begin negotiating on July 25. Hence the strong falls of value, the largest today of Ibex 35 in its return to the price.
But also the whole sector moves down once The Plenary of the Congress repealed the decree to reinforce the electrical system and avoid blackouts As the one that occurred on April 28 by the ‘No’ of PP, Vox and UPN, but also of three investiture partners: Podemos, BNG and Juns, to which the deputy of Chunta Aragonesista integrated into adding in adding, Jorge Pueyo, has joined.
The real-decree law reinforced the supervision function of the electricity sector by the National Commission of Markets and Competition (CNMC) and allowed Ree to evaluate the need to implement systems to control tension and power oscillations. It also incorporated resilience measures of the electrical system, thereby protecting consumers, by incorporating technologies that strengthen the electrical system at a lower cost for the consumer.
Meanwhile, Naturgy has presented its results of the first semester of 2025 in which you have registered A record benefit of 1,147 million euros, 10% more that during the same period of the previous year. His Ebitda has reached 2,848 million eurosindicating that it has increased slightly 0.1% compared to 2024.
In addition, Banco Sabadell has issued a statement to clarify certain aspects related to the sale of its British TSB subsidiary to the Santander Bank, at the request of the National Securities Market Commission (CNMV). Sabadell confirms that the final price of TSB sale will be adjusted according to the evolution of the tangible net accounting value of the British subsidiary between March 31, 2025 and the closing date of the operation. The initial price announced is 2,650 million pounds (3.1 billion euros).
The bank specifies that there are no additional adjustment mechanisms to the sale price, And the suspensive conditions for the sale of TSB include obtaining authorizations from the Sabadell shareholders’ boards, the British prudential authority and the authorizations of competence of the European Central Bank (ECB) and the Supervisor of British competition.
Already in the rest of Europe, already in the rest of Europe, the euro Stoxx 50 wins 01.01% to 5,343 points, CAC 40 rises 1.37% to 7,850 points, the Dax keep it up 0.82% to 24,224 points, and the session in London closes with increases for el FT 100 0.40% 9,060 points.
In Wall Street, heading again to maximums for the S&P 500 and the Nasdaq OMX while the Dow Jones targets ways to reach them. Again with the focus on the agreement between the US and Japan regarding tariffs and business results.
Recall that today at the end of their accounts two of the Magnificent seven, Alphabet and Tesla.
Hasbro Inc has published its results early today, with A gain adjusted per share of $ 1.30 in the second quarter, well above 78 cents per title that the market had expected . The income reached 980.8 million dollars, also above the 874.66 million expected, although they represent a 1%drop.
Among other companies that have already broken down their reports, Texas Instruments that collapse on Wall Street. The chips manufacturer exceeded Wall Street estimates in terms of income and profits, but the lower limit of the forecast for the third quarter did not reach expectations: He expects profits for the current quarter between $ 1.36 and $ 1.60 per share, while analysts had predicted $ 1.50 per share.
At the close of the Spanish session, Dow Jones is shown with 0.47% profits to 44,712 points, the S&P 500 advances 0.27% to 6,326 points, while Nasdaq OMX gains 0.06% up to 20,904 points.
Already in the fixed income, mixed sign with cuts in the profitability of the assets with The Spanish 10 years bonus that places its performance at 3,197% and falls 0.19%, compared to 0.62% that rises the German Bund, to 2,6040%. The Spanish risk premium drops an important 3.10% to 59.40 basic points.
For its part, in the raw materials cuts to Barril’s futures, with a brent, reference in Europe, 0.6% to $ 68.18, while those of the American West Texas, yield 0.64% to 64.88 basic points. Gold futures cut 0.54% to $ 3,355 per ounce.
The euro dollar yields positions with the cutting of the unique currency of 0.12% to 1,1740 units, while Bitcoin drops 0.89% and is placed at $ 117,860 per active.