The Spanish Variable Income takes a big break. Not so much because of the amount of falls, because The selective maintains the level of 13,100 points without problemsbut for the collection of benefits experienced by large banks as well as the two largest companies in the Spanish market, Iberdrola and Inditex.
Cuts that are reflected as the eldest in Europe for this reason, while Wall Street, In the absence of Trump administration, Recover the verve that has characterized the New York Stock Exchange in the last two sessions.
In this way the IBEX 35 closes the session with 0.22% cuts to 13,179.70 points with the falls of securities such as CaixaBank 1.97%, Banco Santander 1.04% and BBVA 0.85% and the increases experienced by companies like Solaria 3.15%, Aena 1.8% and Bankinter 1.65%
Among the protagonists of the session, we met Bankinter, which opened the results season in this session. Its net profit reached 270.1 million euros, 34.5% above what was presented in the first quarter of a year ago.
As for the different ratios of the account, the profitability on its own resources, ROE, improves up to 18.8%, compared to 17.4% of a year ago, With a 19.9%rotation, both figures among the best in the sector in Spain and Europe. The CET1 capital ratio reaches 12.35%, well above the minimum required to Bankinter by the ECB, which is 7.94%.
Advances for value in a general negative day for banking. For XTB, «Bankinter is one of the best positioned banks to face the new context. The results have taken off thanks to the increase in commissions. Other important factors have been provisions and a lower benefit tax.»
In addition today the market, on account of the BBVA hostile OPA on Banco Sabadell indicated that the CNMC is approved next Monday the opinion on the offer. And it is that on April 28, according to EFE, the competition room is scheduled to meet, in charge of approved the opinion, which has this issue in the age of day.
In addition to recommendations, Bestinver and Citi pronounced on the banks. For the first, the one that presents the most is BBVA. It maintains its purchase recommendation and uploads the objective price to 14.20 euros per share, from the previous 12.55 euros. The new assessment is a bullish potential of 14.9%. In the case of the second, it has reduced the assessment of Caixabank, from 8 to 7.90 euros, which still leaves a 16.2% bag potential.
In addition today we have known that Iberdrola has closed a strategic agreement with Kansai, second electricity in Japan and one of Asia’s largest, to coinvert in the German marine wind park Windanker with a power of 315 MW, located in the Baltic Sea.
After obtaining all the necessary regulatory approvals, Iberdrola will have a majority percentage of 51% in assets and thus accelerates energy independence in Europe.
Already in the continuous market, Oryzon Genomics lost double digit after its capital increase. Its total gross amount of 30 million euros, through the issuance of 12,765,958 new shares at a price of € 2.35 per share. With these funds, the company plans to enhance legal and audit preparation for a possible double price in Nasdaq.
Already in the rest of Europe, BNP Paribas has published online results with the forecasts for the first quarter of 2025, promoted by its financing and investment banking activities (BFI), except for management expenses higher than expected, and confirmed its objectives for the 2026 horizon. It closed with 1.8%falls.
As for sectors, the best basic materials and cyclic consumption against health care and financial falls, while the techno infineon technol shoots with 6.5%climbs, followed by Adidas and Ferrari, in front of the cuts that experience values such as Nokia, Essilorluxottica and the French Kering.
The Stoxx 50 euro wins 0.29% to 5,114 points, CAC 40 advances 0.25% to 7,500 points, the Dax sube 0.64% to 22,076 points and el FT 100 With revalue 0.06% to 8,408 points.
In Wall Street generalized profits for the indicators endorsed again by technology, by the hand of the greats with Nvidia, Meta (Facebook) and Amazon uploading around 2% to half session.
In terms of results, 6.5% lead fall for IBM despite the fact that last night it presented better figures than expected for the first quarter: the company recorded adjusted profits for the first quarter of $ 1.60 per share of revenues of 14,540 million, while analysts had predicted earnings of $ 1.40 per share and income of 14.4 billion.
Merck has cut its forecasts for the year, partly due to An estimated cost of 200 million dollars for tariffs. The pharmaceutical company now expects its adjusted profits for 2025 to be between 8.82 and $ 8.97 per share, slightly below the previous forecast between 8.88 and $ 9.03 per share.
Procter & Gamble low in the opening of Wall Street after falling short with its results in terms of income expectations. The company behind brands such as Gillete, Ariel or Tampax saw how their income fell 2% to 19,780 million dollars, compared to the 20,110 million that analysts had expected. The earnings per share did exceed expectations, with a figure of $ 1.54, compared to the provision of $ 1.53 per title.
In this way, at the close of the Spanish market, the Dow Jones, 0.76% to 39,906 points, the S&P 500 wins a 1.42% up to 5,452 points and the Nasdaq OMX is revalued 0.25% to 17,034 points.
Already in the rest of the market, we start with the fixed income, with Important falls in the profitability of the Spanish bonus to 10 years, 2.43% to 3,089% While the fall is 2.06% for the German Bund that lies at 2,4455%. The risk premium drops 2.21% and corrects to the 64.2 basic points.
In raw materials, oil rises with A future of the Brent barrel that presents advances of 0.14% to 66.22 dollarswhile, the West Texas places its price at $ 62.44, and earns 0.22%.
Gold wins positions with An cash price that rises 0.97% to $ 3,319 And his future that wins a 1.14% to $ 3.330 an ounce.
Bitcoin already moves at opening levels in the $ 93,310 per active. Finally, in the Euro Dollar ratio, the European single currency recovers again, at 0.35% to 1,1355 units.