The IBEX 35 rises 5.56% to 12,451.70 points in the half -session this Thursday. The euphoria buyer is such that several selective values have taken several minutes to mark a price in the opening. With all the values in positive, the highest increases are for Grifols, which shoots 9.36%, while Banco Sabadell rises 9.08%and BBVA 8.88%. Among those who go up, Redeia add 2.08% and telephone 2.11%.
The selective comes from a day of falls yesterday Wednesday that returned below 11,800 points.
The bag has been mounted on a roller coaster in the last week against the US tariff political chaotic, full of ads, rumors and denials. The last chapter, which today unleashes the euphoria of the markets, is the decision of the president of the United States, Donald Trump, to pausar tariffs for 90 days for 76 countries, including the European Union, in order to establish negotiations to reach an agreement.
There is not this conciliatory treatment towards China, which tariffs elevate up to 125%, although Trump was convinced that the US and China will end up having «a very good agreement.» Yesterday, the Asian giant had responded to the first batch of Trump tariffs with its own levies to US imports, 84%.
In any case, the news was received with more than joy by Wall Street, registering the main New York indices historical uploaded at the close. The best of all were The Nasdaq technology, which regained no less than 12.16% in what was its best day in 24 years. The SS & P 500 added 9.52%, its greatest advance since 2008, while the Dow Jones advanced 7.87%, in this case its largest rise since 2020. Today the futures point to a slight hangover and an opening downward, with the investors collecting some of these profits.
«I think you need certainty,» he warns Mohamed El-Erian, Allianz’s main economic advisorin statements to the CNBC. «I think that 90 days are a good deadline, but soon people will begin to wonder what will happen after”.
«While this ‘relief rally’ is very welcome,» he says on his part Juan J. Fernández-Figares, from Link Management«We cannot end this ‘history’, which we understand will continue to condition in the short/medium term the behavior of world financial markets.» First of all, «The commercial war between the US and China is still found, at least until one of the parties yields and feels to negotiate«, In addition. In addition,» Europe must fear now for a possible ‘invasion’ of Chinese products at very low prices, «says the expert, recalls that» the US has imposed a 10% rate of all its commercial partners, something that will be noted in the expectations of inflation, economic growth and in the estimates of business results. «
Fernández-Figares emphasizes that «in the next three months investors must remain very attentive to how negotiations between the US and its commercial partners evolve,» while recalling that «»Trump is still the US president, with everything his way of acting entails for decision making of consumers, companies and investors. «
During the Asian day, Tokyo’s Nikkei 225 index has shot 8.99% to 34,564 points, while in South Korea the Kospi has closed with a 6.31% increase. In the Chinese bags, CSI 300 rose a more moderate 1.3%, while Hong Kong Hang Seng scored 2.8%. Beyond the commercial war with the US, today it has been known that China’s CPI dropped 0.1% in March, remaining in deflationary territory after 0.7% had contracted in February.
In the macroeconomic agenda From the day, today the usual weekly data of initial applications for unemployment subsidy will be known in the US, although the spotlights will be placed on the IPC of March.
In fixed income, The profitability of the US bonus at ten years goes back to 4,268%after yesterday the broadcast made by the American treasure had a good reception. On this side of the Atlantic, the Spanish ten -year bonus pays 3,342%, which leaves the risk premium against Germany in 70.85 points.
In raw material markets, oil prices Brent of reference in Europe they fall 2.4% to $ 63.92, while in the American West Texas variety the decrease is 2.35% to $ 60.88.
Gold rises 1.04% to 3,114.90 dollars per ounce.
Today the euro rises 0.90% against the dollar until leaving the exchange rate at $ 1,1046 for each community currency.
The leading companies of Ibex 35
Beyond the euphoria unleashed in the markets by Trump’s ads, investors will have to be attentive to business news. Telefónica, Masorange and Vodafone resort to the Government the spectrum rate, according to information advanced by expansion. The three operators, who had already begun to press the Government to reduce these taxes, have agreed to raise the tone of their protest and have decided to resort the rates corresponding to 2025, for which they have paid around 430 million euros, which accrued last January 1 and have been liquidated a few days ago, this medium points out.
The bad news today for Telefónica is that the analysts of Deutsche Bank have trimmed the target price up to 3 euros per share, from the previous 3.20 euros. The new assessment is 22% below yesterday’s closure.
In the financial sector, the agency Europa Press He assures that the National Commission of Markets and Competition (CNMC) has decided to include Banco Sabadell in the market test that he currently performs in the framework of the Public Acquisition Offer (OPA) announced by BBVA on the Catalan Bank. This test is a document with several questions that the CNMC uses to know the opinion that relevant agents related to the operation have.
Today, investors also have to take into account that BBVA distributes a complementary dividend of 0.41 euros gross per share with the results of 2024, which raises the total amount to be distributed to 2,362 million euros.
In the continuous market, the CEO of the Catalan Pharmaceutical Laboratories Reig Jofre, Ignasi Biosca, explained Wednesday that the will of the company is to take control of the biotechnology Leanbio to integrate it into the group.
Meanwhile, Berenberg improves the target price of Grenergy Renewable to 47 euros per share, from the previous 45 euros.
Follow the bag live to know what is happening in the market in real time