The red tone floods Spanish equities and does so in such a way that the Ibex 35 has been ready, again, of losing the barrier of 18,000 points that has been broken on several occasions in this session from more to less, with intraday highs, which with the change of bias to negative on Wall Street have turned into falls led by Amadeus and the banks, especially with the cuts by Banco Santander and BBVA.
At the close of the market, the IBEX 35 cuts 0.43% to 18,044.50 points with the falls of values such as Amadeus 5.05%, Banco Santander 2.99% and Grifols A 2.8% and the increases experienced this Wednesday by ArcelorMittal 4.78%, Indra 4.46% and Enagás 3.16%.
Among the protagonists of the session, the new rise of ArcelorMittal stands out, consolidating itself as the best value of the year on the Ibex with this new push from investors. Today with the support of Jefferies, which raises its recommendation to buy from hold with an improvement in the target price to 62 euros per sharefrom the previous 44 euros. The new valuation represents a 17.5% upside potential compared to yesterday’s closing, Tuesday.
In addition, the steel company will invest 1.3 billion euros for a green steel plant in Dunkirk, with a production capacity of two million tons per year and which will be launched in 2029.
Furthermore, Santander Group maintains its ‘overweight’ recommendation for Inditex and raises its target price to 59.50 euros per share, with a potential of 4.5%. If achieved, it would allow the textile giant behind Zara to reach a new all-time high, with a market capitalization that would reach 185.44 billion euros.
New push from investors for Indra, which joins the MSCI World for the first time, one of the most influential stock indices on the global financial scene.
The inclusion, which had not been anticipated by analysts, represents a boost to the stock market performance and financial solidity of the Spanish technology company. In addition, Indra becomes the only national company to be included in this review of the global selective, a milestone that consolidates its strategic positioning in international markets.
Widespread falls for banks led by Banco Santander, since the newspaper Expansion publishes today that opportunistic law firms are seeking to raise the offer for Webster Bank, whose purchase was announced last week for $12.2 billion. Meanwhile, the Reuters agency indicates that Santander will adjust the presentation of financial information from the first quarter of 2026.
Already in the continuous market We have learned that the public offer of Ecros shares launched by Bondalti extends its acceptance period from February 12 to March 13, 2026. Bondalti’s offer establishes a price per share of 3,505 euros in cash, which implies an amount of about 320 million euros for the chemical company.
Already in Europe, a mixed trend with the strong increases in London, but a slightly negative trend in the rest. With the layoffs announced by Heineken, due to the lower consumption of beer, some 6,000 people and the good results of Siemens Energy, due to the increase in demand for gas turbines and network equipment and the cutting of the losses of its Spanish subsidiary, Siemens Gamesa.
At market close, the EURO STOXX 50 fell 0.16% to 6,037 points, the CAC 40 fell 0.18% to 8,313 points, the DAX yield a 0.50% up to 24,860 points, and el FT 100 It ends this Wednesday with gains of 1.09% to 10,466 points.
Already on Wall Street, a mixed session despite the good employment data. Last January, 130,000 jobs were created, more than doubling expectations. The Dow Jones consensus had forecast a gain of 55,000 jobs, compared to December’s gain of 48,000 (revised slightly downward).
Already in the business field, the slightly positive reception for Ford Motor stands out. The automobile giant reported earnings well below expectations, but Income beat expectations and also predicted a 2026 recovery.
Robinhood registers falls after putting on the table fourth-quarter revenue of $1.28 billion, below forecast of $1.34 billion by analysts. Transaction revenue also disappointed, coming in at $776 million, versus the consensus forecast of $801.4 million.
And Mattel sinks 30% in the New York morning after announcing forecasts for the year well below Wall Street expectations. The toy maker expects adjusted earnings of between $1.18 and $1.30 per share, compared to analysts’ estimate of $1.77 per share.
At the close of the Spanish stock market, the DOW JONES lost 0.34% to 49,971 points, the S&P 500 advanced 0.03% to 6,941 points and the Nasdaq lost positions by 0.26% to 23,039 points.
As for fixed income, they fell in this session lAsset returns. The 10-year Spanish bond lost 0.13% to 3.17%, while the cuts were 0.16% for the German bund, which is trading at 2.7997%. The risk premium moves with gains of 1.23% to 36.96 basis points.
In raw materials, Oil Futures show increases in the session as tensions between the United States and Iran increase. The future of the barrel of crude oil Brent advances 1.47% to $69.87, while the West Texas gana and 1.80%, up to $65.12.
Gold rises 0.9% and stands at $5,077 per ounce, while it has risen more than 12% in the last month.
Already in the case of Bitcoin, significant cuts again, of 3.74% to $66,943 per asset.
Finally, in the Euro Dollar relationship, cuts for the single currency that falls by 0.31% and is exchanged at 1.1857 units.