The Spanish bag is neutral, While showing that investors swim, but keep pending clothes practically exclusively from tariffs and each and every one of the news derived from it.
A clearly bland day, but marked by volatility, in which they consolidate The recovered 14,000 points in the Ibex and in which the continuous changes of positions for the most bull and bassist values have been the main tonic. Good proof of this, Indra, today fed from early for the purchases of some investors who applauded Trump’s bias change on Ukraine, opening the possibilities for new defense supplies for kyiv, where also the Spanish company, studies opening an office.
Then the value has ended with profits, but that clearly cut the furor of the morning, which also produced, for the fourth consecutive session. All this, has led him despite the moderation of the increases, to new Intradia maximums at 38.30 euros per share.
But the positive tonic is still due to the good vibrations that persist in the EU commercial negotiations with the US Especially after the information on the web Political, which indicates that the basis of the agreement that both negotiates on a 10% tariff for all products that are exported to the other side of the Atlantic.
Although also indicates, according to diplomatic sources and community officials, which there would be some important exceptions, in case of alcoholic airplanes or beverages.
All this while community negotiators have already ratified that They do not expect to receive one of Trump’s famous ‘letters’ in which he has already announced to 14 countries the imposition of strong tariffs between 25 and 40% that will take effect on August 1. Today, The US president has indicated in his social network that he will not grant extensions of any kind to that date.
The IBEX 35 closes the session with slight profits of 0.03% to 14,079.50 points with the increases that experience values such as Repsol 3.59%, Grifols to 2.96% and Acerinox 1.97% and the falls that represent companies such as Colonial Real Estate 1.76% Inditex 1.73%, and Cellnex 1.43%.
Among the protagonists of the day, Iberdrola and Naturgy. For Morgan Stanley, one has run out of future route, without potential in Ibex 35.
The US investment bank has chosen to raise its valuations in both cases. For Iberdrola, increases its objective price from 16 euros to 17 euros per sharewhile Naturgy raises the reference from 25 to 27 euros. However, the impact of this review is not uniform.
In the case of Iberdrola, The new target price of 17 euros implies a 8.3% revaluation potential Regarding its current contribution levels. For its part, Naturgy’s review raises a different scenario. The American bank raises the target price of its shares up to 27 euros, but the market has already anticipated that optimism.
Also today positive sign for both BBVA and Banco Sabadell, since BBVA has sent an updated version of the Public Acquisition Public Offer (OPA) to Banco Sabadell to the National Securities Market Commission.
The Office Bank was pending to send an updated brochure to the regulator, after the new milestones that have affected the process. At the end of June, the Government authorized the OPA, adding conditions imposed by the National Markets and Competition Commission. Among these conditions, the prohibition of merging banks for a minimum period of three years, expandable for another two more was included.
And let’s not forget that the international game platform,CIRSA, plans to go out with a Tomorrow Wednesday. In this operation, 26.67 million new shares will be put into circulation at a price of 15 euros per title, which values the company at 2,520 million euros.
Already in the rest of Europe, the euro Stoxx 50 wins 0.60% to 5,373 points, CAC 40 rises 0.56% to 7,766 points, the Dax gana 0.74% to 24,218 points, and the session in London closes with increases for el FT 100 0.57% the 8,855 points.
And in Wall Street, atony is filtered among investors attentive to the novelties on tariffs that marked the indicators yesterday. Today in a mixed way, with close levels of opening in the cuts, with some more force in those of Dow Jones.
Tesla is again the protagonist of the day, today with rebound after the falls of 6.85 yesterday that made the value of up to no less than 68,000 million dollars in stock market capitalization and place it below the billion dollars of value.
In fact there are sales for the value from Mizuho, for understanding that there are winds against value, And even from Wedbush, which gives you your actions A 70% potential with $ 400 target price They indicate that the company’s council must limit the political interventions of Elon Musk, given the news that they tasted to the value in the creation of an alternative political party to the Republican.
Important falls today for values such as Sunrun of 8.5%, Enfase Energy of 4.03%and Solaredge Tech of 7.11%, after President Trump requested new rules that would restrict access to fiscal incentives for solar and wind projects that had already been cut in his tax bill of 3.4 billion dollars.
At the close of the Spanish session, Dow Jones is shown with 0.29% cuts to 44,279 points, the S&P 500 yields 0.01%, in 6,229 points, while the NASDAQ OMX rises 0.09% to 20,432 points.
Already in fixed income, strong increases in the profitability of assets with The Spanish 10 years bonus that places its performance at 3,299% and advances 1.13%, compared to 1.42% that rises the German Bund, to 2,644%. The Spanish risk premium drops 0.46% to 65.40 basic points.
Oil prices add positions, After the profits of 2% yesterday, while investors evaluate the latest news about US tariffs and an increase in the production of OPEC+ for August greater than expected. Commerzbank analysts foresee that the price of the Brent falls up to $ 65 a barrel for the incipient excess supply in the months of boreal autumn.
Increases, therefore, to Barril’s futures, with a brent, reference in Europe, with rises of 0.43% to $ 69.89, While those of the American West Texas, earn 0.21% to 68.07 basic points. Gold futures yields 1.25% to $ 3,300 per ounce.
The euro dollar yields positions with the cutting of the unique currency of 0.09% to 1,1698 units, while Bitcoin moves up 0.14% to exceed 108,468 dollars per active.