Spanish equities are saved from burning this Thursday thanks to the bullish traction of the banks and showing a volatility that cannot be separated, despite the three maximums marked since the beginning of the year.
Good proof of this is that the best of the day coincides with one of the values that did the worst yesterday, Puig , while chaining a new rising session decanted from early in the afternoon and despite being a minority the bullish values in the Spanish selective that lead it to resume comfortably the level of 17,650 points, a new historical maximum, the fourth so far this year.
At closing, the IBEX 35 gains 0.33% to 17,654.70 points with the increases experienced by companies such as Puig6,24 %, Amadeus 2,84 % y Bankinter 1,88 % and falls in values such as Solaria 3,70 %, ArcelorMittal 3,04 % y Activate Energy 3,03 %.
As for news, again Repsol in the focus of attention, which hardly shows any changes at the close of the session. According to publication Expansion the company meets with the White House to clear its future in Venezuela. Five Days Repsol contributes to its good position in Venezuela to improve production in the country. Besides, Jefferies raises the recommendation to buy from hold and the target price to 19 euros per share from the previous 13 euros. The potential is almost 17% compared to yesterday’s close.
Meanwhile, also opening levels for a Iberdrola which is news for two reasons. On the one hand, has informed the CNMV that it will raise its gross dividend for the year 2025 at 0.253 euros per share which will be paid on February 2, compared to the previously announced 0.250 euros on account and 0.231 euros in 2024.
On the other hand, in the recommendations section, UBS reviews raises its valuation on Iberdrola which he maintains with a purchase recommendation and a potential greater than 10% and adopts a more selective and cautious view in Endesa .
Continuing with the analysts’ perceptions about some values, we see how Jefferies updates its recommendations and target prices on the two large SOCIMIs of the Ibex 35, Inmobiliaria Colonial y MERLIN Properties .
And regarding the banks, Caixabank is the one that seems best placed witha new recommendation from Citi that places its potential at 10.6% with a target price revised upward from 10 euros to the new 11.55 per share.
Already in the case of Bankinter things are worse with a Goldman Sachs that recommends selling the value although it raises its target price to 13.30 euros per share from the previous 13.10. This represents a negative potential of almost 4% on the financial institution’s shares.
On the other hand, Millicom shows interest in buying the Chilean unit of Telefónica according to publication Bloomberg . The telecom company, which is not having a good time on the stock market after the presentation of its strategic plan in November, has the divestments of non-strategic assets as one of the pillars of its plans. Furthermore, in the coming days the telecommunications operator will stop trading on Wall Street.
And as we say, significant rise in Puiggiven that Exane BNP has decided to improve the recommendation it gives to the stock to ‘overweight’,from the previous ‘neutral’. Yesterday they were Jefferies analysts reiterated their ‘buy’ advice, with a target price adjusted to 20.60 euros.
In the rest of Europe, he EURO STOXX 50 fell 0.38% to 5,901 points, the CAC 40 advances 0.12% to 8,243 points, the Dax gana 0.08% to 25,117 points and the FT 100 rises at the close of Thursday 0.10% to 10,038 points.
Already on Wall Street, mixed trend with a Dow Jones that recovers, slight falls for the S&P 500 and already significant cuts, at the close of the Spanish stock market, for a Nasdaq with falling technovalues.
With prominence for NVIDIA which yields close to 2%. In the latest Bloomberg Markets Pulse survey, around 37% of market strategists chose the semiconductor giant as the winning company in 2025 most likely to become a loser in 2026. On the other hand, the Reuters agency publishes that NVIDIA is demanding full payment up front from Chinese customers seeking its H200 artificial intelligence chips, to protect itself from the current uncertainty over Beijing’s approval of shipments.
Applied Digital rises above 11.7% after the company published better-than-expected results in its second fiscal quarter. Revenue was $127 million, versus the consensus estimate of $88 million. . It also broke even on a per-share basis, versus a loss of 12 cents per share expected by analysts.
Constellation Brands It has also published quarterly accounts and the market applauds them with profits that exceed 4%. The Corona beer maker has put on the table adjusted earnings of $3.06 per share on revenue of $2.22 billion. Analysts were expecting earnings of $2.63 per share and revenue of $2.16 billion.
At the close of the Spanish session, the DOW JONES rises 0.43% to 49,205 points, the S&P 500 almost repeats opening at 6,918 points and the Nasdaq OMX which drops 1.61% to 23,440 points.
In the rest of the market, we start with the fixed income market, with general advances in its returns. So, The 10-year Spanish bond gains 0.62% to 3.269% while in the case of the German bund, there are increases of 0.94% to 2.8345%. The risk premium drops 1.85% and corrects to 43.48 basic points.
In raw materials, with oil recovering in price, with a future of the Brent barrel that presents advances of 1.93% to 61.12 dollars while West Texas places its price at $57.01, and gains 1.84%. He Oro It almost repeats the opening price, with slight cuts of 0.06% to $4,460 per ounce.
Of Bitcoin with falls of 0.64% to $90,663 per asset. Lastly, in the relationship Euro Dollar which falls slightly to the detriment of the single European currency by 0.14% to 1.1660 units.