The IBEX 35 lowers 2.61% to 13,899 points at the half session of this Friday. Among the descents, banks lead the cuts that already exceed 4% at the moment. They are only saved from burning ultradefensives: enagas and Iberdrola.
The Madrid selective comes from two consecutive days closing down after Tuesday conquered an annual new (and January 2008) in the 14,323.40 pointsarriving in the Intradiario up to 13,348.10 points. In the accumulated of four days until Thursday, the result throws a positive balance of 1.47%, but could clearly break with the change of bias in the market.
US President Donald Trump threatens 50% tariffs for the European Union After indicating in his social network that the commercial negotiations with the EU had stagnated. Some taxes that would take effect on June 1.
Specifically, it highlights that «The European Union, created with the main objective of taking advantage of the United States in commerce, has been very difficult to manage. Its powerful commercial barriers, VAT, ridiculous corporate sanctions, non -monetary commercial barriers, monetary manipulations, unjustified demands against US companies, among others, have generated a commercial deficit with the US. Our conversations with them are not paying off! Therefore, rEcoming a direct 50 % tariff for the European Union as of June 1, 2025. No tariff will be applied if the product is manufactured in the United States. Thank you for your time! «
Indra, with A rise so far this year of 95%is being the best value of Ibex 35 in this 2025. The company will submit to the scrutiny of its shareholders the ratification of Ángel Escribano as president of the company and the re -election of three Sunday counselors, specifically, that of Miguel Sebastián and Antonio Cuevas on behalf of the State Society of Industrial Participations (SEPI) and that of Jokin Aperribay by SAPA of the Stock Market (CNMV). The Ordinary General Meeting of Shareholders will be held on June 25.
Investors will also have to be attentive today to the price of Grifols, after yesterday the Moody’s agency raised the company’s rating to B2 with positive perspective. The agency hopes that the company’s adjusted gross leverage decreases below 6.5 times by the end of 2025 and that its Ebitda adjusted to interest expenses reaches around 3 times in the same year.
In other news, Sacyr issues debt titles for 271 million euros to attend exchange for existing bonds.
In the energy sector, the controversy continues to place for the blackness of April 28 that left the entire peninsula without electric current for more than 10 hours. Today the expansion newspaper leads to its cover that Redeia (Ree) and the large electricity are accused of this blackout. Red Eléctrica and Aélec begin to launch mutual accusations about who was to blame for the blackout, something that will be key to, when the time comes, clarify legal responsibilities.
As for the recommendations of the analysts, Exane BNP raises the target price of AENA to 222 euros from the previous 220.
In the continuous market, the looks are still put in the movements within Ohla. The Board of Directors of the Company has agreed to appoint José Miguel Andrés Torrecillas and Socorro Fernández Larrea as independent counselors of the company, as reported to the CNMV. These new appointments come to replace the vacancies left by businessman José Elías and two other investors who entered with him. The first of those vacancies already covered himself at the end of April with the appointment of Vicente Rodero, former director of BBVA, as an independent counselor.
To also take into account that the new shares signed in the last capital increase of Ohla, equivalent to 50 million euros, Your negotiation begins today In the stock exchanges.
Yesterday after the closing of the day, the results of Grupo San Jose, which obtained a net profit of 10.6 million euros in the first three months of 2025 were also known, which represents an increase of 2.8% compared to the same period of the previous year. The billing increased 1.9%, to 367 million euros.
Among the recommendations, JB Capital Markets maintains its ‘purchase’ recommendation for Elecnor and elevates the target price to 27.50 euros per share, from the previous 22.50. In addition, Alantra Equities raises the target price of Grenergy Renewables up to 63.25 euros per share.
On the macroeconomic agenda this Friday, investors have had breakfast with The GDP data of Germany, which positively surprises with a quarterly growth of 0.4% in the first quarter of the year, above the planned 0.2%. In the US, investors will have to be attentive to the real estate market, with the publication of new housing sales and April construction permits.
Futures point to an opening of Wall Street in this Friday’s sessionwith the stock market one day under the pressure of the high profitability of the bonds. The Dow Jones and the S&P 500 are on their way to falling more than 2% in the accumulated of the week.
The House of Representatives, controlled by the Republicans, yesterday approved a broad draft tax and expenses law that would promulgate much of the political agenda of President Donald Trump. “The law does not finish convincing investors in bond markets, since It does not face US tax weaknesses, that is, the high public deficit With which the previous administration has been working, so it will not serve to reduce the high level of indebtedness of the country, something, on the other hand, very similar to what has been happening in the rest of the main developed economies, with specific exceptions such as the German, ”explains JUAN J. Fernández-Figares, from Link Management.
Trump has also pointed to Apple, ensuring that he will have to pay a 25% tariff for products made outside the United States. «I long ago informed Tim Cook that I hope that his iPhones that are sold in the United States are also manufactured and built in the United States, not in India, or anywhere else. If that is not the case, Apple must pay a tariff of at least 25% to the US.» Apple shares yield more than 2% in operations prior to opening. . Some Wall Street analysts have estimated that Trump’s movement would increase Apple’s price by at least 25%.
For the moment today in the fixed income, The profitability of the American bonus at 30 years is relaxed slightly but remains above 5% (5,020%), while the 10 -year reference bonus offers a yield of 4.520%. On this side of the Atlantic, the Spanish Bonus Ten years pays 3,239%, with the risk premium against Germany in 61.20 points.
Asian bags achieved moderate profits, with Tokyo’s Nikkei 225 index rising 0.42% to 37,140 points. Today it has been known that the underlying inflation of Japan accelerated in April at its fastest annual rate in more than two years, increasing the probabilities of another rise in interest rates at the end of the year
In raw material markets, oil prices They fall, weighed with the possibility that OPEC+ increases even more its crude oil production.
Brent’s futures fall 1.38%, at $ 63.55 a barrel. American oil futures West Texas Intermediate lose another 1.5%, at $ 60.28. In the week, Brent has fallen 1.9% and WTI 2.5%, after two weeks of advances.
The euro rises 0.24% against the dollar until leaving the exchange rate at $ 1,1307 for each single currency.