The IBEX 35 suffers its third session down against Inditex and IAG collapse

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By Jack Ferson

The Spanish variable income is penalized alone in Europe. And there are three consecutive ones, falls that retract the levels of the Spanish selective Until February 10 while it moves away from the level of 13,000 points.

Hoy With own history in front of the European rebound And the one that experiences two of the three main indicators of Wall Street, specifically, the Nasdaq and the very punished S&P 500 in the last sessions.

A certain tense calm with The tariffs of Europe and Canada to the US of 25% in steel and aluminum. We talk about 26,000 million and 21,000 respectively to equate the highest customs cost to those products that arrives from Trump, and after paralyzing, yesterday, the Rifi Rafe with Ontario, which finally remained at all.

Waiting for what happens with high fire in Ukraine, which for now has not accepted, and the approach between the positions of kyiv and Washington in Saudi Arabia.

In this context, the IBEX 35 loses 0.57% to 12,804 points with the falls of Inditex 7.50%, IAG (Iberia) 4.20% and Solaria 2.64% in the rises that experience values ​​such as BBVA 2.71%, Banco Santander 2.39% and Banco Sabadell 2.17%.

The stock market focus on the Spanish stock market is almost completely monitored today Inditex, and its lead falls after presenting results and closing the circle in Ibex 35 of the closure of 2024. Actually, the results have been almost unbeatable: record benefit of 5,866 million euros9% more than in 2023. The company stands out in a statement that “continued to show in 2024 a strong operational performance, based on the creativity of its equipment and the good execution of the integrated store and online business model.”

So far perfect, included An increase in the 9% dividend for exercise 2025, up to 1.68 euros per sharecomposed of an ordinary dividend of 1.13 euros and an extraordinary dividend of 0.55 euros per share. The dividend consists of two equal payments: May 2, 2025, a 0.84 euros per sharecorresponding to the ordinary dividend, and On November 3, 2025 a payment of 0.84 euros euros per share (Ordinary 0.29 euros +0.55 euros extraordinary).

The big problem, the progress that the company of future sales always makes that has clearly disappointed to the market. A growth, the lowest since the pandemic that today penalizes investors with lead.

To a lesser extent, but also with the continuation of the Sangria IG (Iberia), which marks cuts greater than 14% in five continued sessions of falls. Beyond severe correction, the ‘guilt’ of today’s cut comes from the hand of Barclays. His sentence on the European air sector is clear: the golden egg chicken has already cooked.

In fact the British firm reduces your recommendation on value from overcoming to infrapander Your portfolio shares, with target price, which, in the London Stock Exchange drastically to 250 pence, equivalent to 2,961 euros per share. Therefore, mark a negative potential of no less than 14% From its closing price yesterday.

In addition, today CITI improves the tone and recommendation of Banco Sabadell, Unicaja and Bankinter. And he does it with the determined recovery of Banco Santander and BBVA in the market. Specifically, it is Bankinter, for whom Citigroup reaffirms your recommendation of ‘comprar‘and raise the target price to 11 euros per actioncompared to the previous 9.20 euros. The new assessment is a bullish potential of 10.15% in front of yesterday’s closure.

In Sabadell, he reiterates his ‘neutral’ recommendation on value, with a high target price of 2.12 to 2.50 euros per share. There is 4.76% below yesterday’s closure. And the recommendation of ‘neutral‘For Unicaja, although it increases the target price to the 1.65 euros per sharefrom the previous 1.40 euros. This 1.19% below of yesterday’s closure.

And Caixabank has completed a sharing repurchase program, acquiring a total of 89,372,390 titles, representing 1.25% of the company’s share capital. This process implied a disbursement of 500 million eurosas reported by the entity to the National Securities Market Commission (CNMV).

Already in Iberdrola, more recommendations, in this case by the hand of HSBC. The British firm has not only reiterated its recommendation to ‘buy’ for Iberdrola, but has adjusted the target price, which goes from 15.90 to 16 euros per share. Although the improvement is light, this new assessment is a bullish potential of no less than 16.15% compared to the closing of Tuesday.

In the rest of Europe, generalized increases for the indicators, especially with recovery for the Dax by the advances of Rheinmetall, that earns 8% thanks to its spectacular results, but, above all, to the forecasts and guides of the future, for a company that is already dedicated in 80% to the defense, its largest exponent for the European investments of the coming years.

He has achieved A net profit attributed of 717 million euros, which represents an increase of 36% compared to the previous year. These data were revealed by the company, which has also advanced the arrival of “an era of rearme” in Europe.

At the close of the market, the Stoxx 50 euro wins 0.95% to 5,359 points, CAC 40 rises 0.58% to 7,988 points, the Dax advances 1.59% to 22,671 points, and the London session ends for el FT 100 with revaluation of 0.52% to 8,540 points.

Already in Wall Street, mixed trend with Dow Jones, slightly down. Today valuing the CPI, better than expected. with a monthly rise of 0.2% and an interannual rate of 2.8%. The economists surveyed by Dow Jones had expected the CPI to rise 0.3% last month, with an annual rate of 2.9%. Excluding energy and food prices, underlying inflation increased a per month and 3.1% year -on -yearin the face of 0.3% and 3.2% forecasts, respectively.

At the end of the day in the Spanish Stock Exchange, the Dow Jones Indege remains at opening levels in the 41,384 points, with an S&P 500 that rises 0.67% to 5,610 points and a Nasdaq OMX that advances 1.46% to 17,689 points.

Already in the fixed income, the profitability of the assets rises, with 0.48% cuts for the Spanish bonus to 10 years to 3,507% while, the German Bund places its performance in 2.89% and progresses 0.63%. The risk premium falls 3 %% to 61.50 basic points.

In oil, significant advances for the brent that quotes in the $ 70.91 and yields 1.93% And for the West Texas, which, in this case, rises 2.17% to $ 67.69. Meanwhile, gold futures earn positions, 0.77% and place their price at $ 2,943.

The euro dollar without movements in the 1,0920 in the change between the common currency and the green ticket.

With a bitcoin that is revitalized, it earns 0.68% to 81,929 dollars per active.

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