The Spanish Variable Income breathes in The session with rebound in which it is accompanied in Europe in a generalized way, On account of the waiting compass to the announcement that tomorrow, without time, Trump will make about the new tariffs to be implemented. An advance that knows very well among the investors they see As cyclical values intermingle in this climb that, we do not know without it will be limited with the defensive, that copied some first market positions.
On the opposite side is IAG (Iberia) with bad news from Bankinter and while it results in the value of regulatory problems in the United Kingdom, Con some downward energy.
In addition, we have known that Details about tariffs will be known tomorrow at the close of the American market. President Donald Trump will pronounce a speech at the event «let’s be rich again» in the garden of the White House around the four in the afternoon in Washington, ten o’clock at night in Spain.
In this environment, the selective remains above the level of the 13,200 points that it recovers. The IBEX 35 closes on Tuesday with advances of 1.23% up to 13,297 thanks to the increases that experience values such as Acerinox 2.68%, Indra 2.54% and Unicaja 2.34% and the falls that experience renewable energy 1.36% IG (Iberia) 1.25%, and Grifols to 0.76%.
Among today’s news, IAG (Iberia) fails to agree with analysts. In fact, today the market value has two clearly contrary recommendations. Among the best, Deutsche Bank stands out for whom the airline holding is a purchase with object clearly upwards in the London Stock Exchangein its change, of 4,786 euros per share.This assumes that the German entity grants a potential to the value of no less than 53.37% From its closing price yesterday.
Completely contrary is Bankinter’s opinion about value. And it is that for the firm analysts «IAG will be affected, just like the rest of the sector, by higher risks, lower economic growth and greater inflation perspectives. In coherence, we reduce our estimation of occupation rate, which has direct involvement in its future benefits «and this completely changes its expectation, while changing its recommendation that reduces two steps, to sell from buying and also drastically cut its target price up to 5 euros per share from 3.10 precedents, which is a slight negative potential for value.
Regarding Banco Santander, UBS has kept his recommendation to buy Santander’s shares in the market, While leaving the target price of value at 7.20 euros per share, which means that the titles of the entity chaired by Ana Botín can rise up to 16.3% from their closing price yesterday.
His analyst Jason Napier points out that given the growing uncertainty about US tariffs, LUS investors are showing great interest in European banking actionsanalyst Jason Napier wrote in a study published on Monday.
Without leaving the circle of entities, 11 months have been completed since last year BBVA launched a hostile OPA on Banco Sabadell, and the operation remains at the table of the National Commission of Markets and Competition (CNMC). The Rental analyst 4 Nuria Álvarez emphasizes that «Since the CNMC announced phase 2 more than 4 months have passed, and the perception (and the BBVA message) is that the CNMC is expected to give its opinion in the coming weeks»
Also today we have known that The Spanish Stock Exchange negotiated 33,728 million euros for Variable Income in the month of March, which represents an increase of almost 15% compared to the same month last year. As reflected in the monthly balance of the markets published Six, owner of BME, The negotiated volume for variable income was 18.4% higher than February. In the accumulated of the year, the negotiated rent reached 86,604 million euros, 12% more compared to the first quarter of 2024.
And fluidra has reached an agreement for the taking of a minority participation in Aaperleading company in the design and manufacture of clean robots pools without cable. In a first phase, fluidra will acquire a 27% participation after An investment of 100 million dollars through the issuance of new actions.
Already in the rest of Europe, at the close of the market, the Euro Stoxx 50 that earns 1.32% to 5,316 points, CAC 40 advances 1.10% to 7,876 points, the Dax sube 1.6% to 22,512 points, and the session in London ends to el FT 100 with revaluation of 0.56% to 8,630 points.
In Wall Street, session with a bias change with all indicators, waiting for the dreaded tariffs.
As for the leading companies of the market, PVH shoots 16.4% in the opening of the session after presenting Results of the fourth quarter better than expected, both in income and profits. The company behind brands such as Calvin Klein or Tommy Hilfiger registered earnings of $ 3.27 per share, on revenues of 2,370 million dollars. Analysts had predicted $ 3.21 per benefit action and $ 2,330 million.
Also strong increases for software progress after its results report, in this case of the first fiscal quarter. The benefit per share reached $ 1.31 per share, well above the 1.06 dollars expected by analysts. The income also beat the expectations, with a figure of 238 million compared to the 236 million expected. The titles rise 7.5% in the New York morning.
Johnson & Johnson falls 4.26% in the New York morning after An American judge has rejected the proposal of 10,000 million dollars that the company had made to end tens of thousands of demands They claim that their talc for babies and other talc products can cause ovar cancer.
At the close of the Spanish Stock Exchange, the American Stock Exchange is maintained with profits, with the Dow Jones Index that rises 0.08% and is placed at 42,036 points, with an S&P 500 that earns 0.14% to 5,619 points and a Nasdaq OMX that advances 0.43% to 17,373 points.
Regarding the secondary of public debt, cuts in debt profitability, With a Spanish 10 years bonus that yields 1.57% to 3,314%, while, the German Bund loses 1.69% to 2,6830%. The Spanish risk premium Mark levels of 63.05 basic points with 2.11%rise.
As for raw materials, Oil upwards with the future of Brent barrel, reference in Europe advances 017% up to $ 74.89 while That the American West Texas rises 0.14% and quotes at $ 71.58 per barrel. Gold futures remain at maximum levels, with rises of 0.34% to $ 3.160.
Bitcoin advances in a determined way, 1.09% and is placed in the crypto market in the $ 84,325 per active and the euro dollar that yields positions, the single currency drops 0.06% to 1,0810 units.