Ibex 35

“Grexit risk cut to 25%”

MADRID, February 23, 2015 | By Sean Duffy | Friday´s deal was a relief for all involved, yet it remains to be seen if a frantic weekend of number cruncing from Greek officials will meet the strict criteria outlined in the agreement. German bank Berenberg cut the chances of a Grexit to 25% from 35% on Monday.



1 million new jobs in Spain?

MADRID | Sean Duffy | Yesterday brought positive data on the housing front and on job creation, with Spanish bank BBVA prediciting the economy will reap considerable benefits from the falling oil price.

 




Ibex: -5.8% in the first 5 sessions of August

MADRID | By J. J. Fdez-Figares (LINK) | European stocks closed yesterday again with notable declines -with the exception of the Swiss- pressured by a complicated geopolitical scenario, while the macroeconomic figures in the region continue to disappoint. Thus, European stock markets began the day in negative tone after economic sanctions agreed by Russia against the European countries and with the speculation that the country will send troops to Ukraine. The Spanish index Ibex 35 goes through the worst beginning of August since 2011.


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Analysts show highest optimism rate about Spanish Ibex 35 since 2009

MADRID | By The Corner | The ratio of earnings revisions for the Spanish Ibex 35 is above one point for the first time since December 2009, which means that there are more market watchers revising upwards their expectations about the evolution of the corporate results within the index. On average, analysts’ consensus expects a growth in the corporate earnings close to 25%. However, experts at AFI forecast 15% increases in these results, which would boost the Spanish index by 10-15% thus ending 2014 around 11,500 points.


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Ibex 35 Euphoric Thanks to Spanish Risk Premium’s Fall

MADRID | By Francisco López | The risk premium has moved from being a huge torment for Spanish decision-makers, to making headlines showing a recovery of the international confidence in Spain’s economy. The interest rate of the Spanish 10-year bond is at its lowest since 2009, the differential with Germany is around 190 basis points and Ibex 35 widely exceeds 10,000 points.


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Spanish Ibex 35 Receives €4bn Daily

MADRID | By Tania Suárez | European markets seem more optimistic lately, their benchmarks being on green numbers, especially the Ibex 35. The Spanish Index benefited from the US administration fuss (painful shutdown, possible delay of the FED’s plans…) and has performed better than its European colleagues. But not only the Ibex is on the rise: Spanish turnover keeps well above maximum levels.


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Ibex 35 (and all Southern stock exchanges) goes upwards

MADRID | By Fernando G Urbaneja | The Spanish stock exchange has regained interest for both domestic and international investors. Despite the uncertainties, the South European markets look now more attractive and have shown a positive behaviour in the last months.