The Spanish Variable Income is positive for another week while consolidating the level of 14,200 points in a session of strong falls for Indra and Solaria and recovery for values such as Merlin Properties or Inditex.
A day in which we have known that the growth of the Gross Domestic Product (GDP) of the euro zone accelerated in the first quarter of the year to 0.6%, double that the 0.3% recorded in the last three months of 2024 and the highest rhythm of expansion in the region since the third quarter of 2022, according to the latest review of the seasonally adjusted data on Friday by Eurostat.
And with a lot of peace of mind waiting for the star fact of the week that has marked the profits, but without great amount. This is the US Employment Report, which marks a Employment creation rhythm in May in the US that moves with greater vigor than expected in the market, With the creation of 139,000 new jobs compared to the 125,000 expected by the market
The unemployment rate is unchanged in 4.2%. In addition, the time gain of each worker rises in 15 cents, 0.4% to $ 36.24 in May.
The Wall Street rise reaction has thrown with uploads from the Spanish market, although the half -point profits to which the selective has reached, finally they have been minimized.
Thus at the close of the market and of the week, the IBEX 35 rises 0.31% to 14,247.60 points with the profits of companies such as Merlin Properties 1.70%, Inditex 1.26% and AENA 1.08% and the losses that experience values such as indra 3.42%, Solaria 2.18% and ACS 1.96%.
Among the protagonists of today, Grifols has revealed during its general meeting of shareholders the possibility of carrying out shares of shares in the future, as part of its strategy to give back investors, in addition to the dividends that it plans to distribute as of this year. The CEO, Nacho Abiatogether with other senior executives such as the outgoing non-executive president, Thomas Glanzmann, and the new non-executive president, Anne-Catherine Berner, have addressed various relevant issues for the company.
In addition, news in the BBVA hostile OPA on Banco Sabadell, the National Markets and Competition Commission (CNMC) has issued a report in which Banco Sabadell’s position is questioned as an irreplaceable competitive force in the credit market to SMEs. This analysis was carried out in the context of the BBVA Public Acquisition (OPA) Public Offer on the Catalan Bank.
The CNMC rejected the idea that Banco Sabadell had an irreplaceable character in credit to small and medium enterprises. According to the full concentration report, it is argued that there are numerous medium and small operators competing in this market, representing a relevant and growing quota in all Spanish regions.
Also today The IMF has endorsed the conditions imposed by competence to BBVA on Sabadell.
Support of Renta 4 to IAG (Iberia). Although «uncertainty has increased in recent months», The Analysis House gives a recommendation to ‘exceed’ the airline holding, with an target price of 4.55 euros that represents a bullish potential of 15.65% in front of the closing of Thursday. In addition, «we see two positive factors that could lead us to raise our estimates and assessment: net debt and fuel expenses.»
Already in the rest of Europe, mixed sign for indicators, the euro Stoxx 50 rises 0.30% to 5,427 points, CAC 40 rises 0.19% to 7,804 points, the Dax cuts 0.09% to 24,299 points, and the London session ends for el FT 100 with increases of 0.34% to 8,841 points.
And in Wall Street, again Trump that is pronounced on account of the type cuts in Europe, and ask Powell again to lower them in the US, again calling the president of the US Federal Reserve too late.
But the market is still aware of the confrontation to the highest level it now maintains with Elon Musk, which has cost millions of dollars to Tesla, although the value, after yesterday’s debacle, today bounces in the market. The president’s last is that he points out that he will sell his Tesla car, after the departure and criticism of the richest man in the world to his fiscal plan.
The electric vehicle manufacturer suffered yesterday the worst blow in the stock market, with a collapse of 14% in which more than 152,000 million dollars evaporated. The stock market capitalization stood below the billion threshold. The shares have dropped almost 18% this week, while in the pipe they lose almost 30% and are far from the maximum of $ 488.54 reached on December 18.
In addition, Broadcom’s actions fall more than 3% after The free cash flow was less than expected in the second fiscal quarter of the company. Broadcom reported a free cash flow of 6,410 million dollars, below 6,980 million dollars projected by analysts.
The technology scored a benefit per share of $ 1.58, above the expected $ 1.56, while the income amounted to $ 15 billion, compared to 14,990 million dollars expected. Broadcom also announced that it expects revenues of about $ 15.8 billion for the third quarter, compared to 15.7 billion dollars planned by Wall Street analysts.
All this while the titles of Circle Internet Group that yesterday fired in their stock debut. The stablecoin issuer set an output price at $ 31, even above the expected and reached 69, although intradicate, exceeded $ 103.75 per share. Today they rise again with revaluation at the beginning of the quotation of 18%.
At the end of the day in the Spanish Stock Exchange, the Dow Jones Indege is maintained with profits that are gaining traction, from 1.12% to 42,791pantos, with a S&P 500 that rises 1.13% to 6,004 points, which recovers for the first time since last February, and a Nasdaq OMX that marks levels at 19,555 points and advances 1.35%.
Already in the fixed income, the profitability of the assets are cut at the close, With 0.72% drops for the Spanish bonus to 10 years to 3.15% While, the German BUND places its performance at 2,5700% and drops 0.7%. The risk premium drops 1.36% to 58 basic points.
In oil, advances for The Brent that quotes in the $ 66.27 and earns 1.42%, consolidating the weekly advances And for the West Texas, which, in this case, rises 1.84% to $ 74.53. Meanwhile, gold futures fall 0.85% to $ 3,347.
The euro dollar with downward movements of the unique currency of 0.49%, while the dollar earns to 1,1339 in its change with the American green ticket.
With a bitcoin that is revitalized, it earns 0.68% to 105,260 dollars per active.