Ibex

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Técnicas Reunidas accepts a letter of intent for a $1,650 million contract in the Middle East

The project involves the engineering, procurement, construction and commissioning (EPC) of infrastructure for the reception, processing and export of gas, and accounts for 10 per cent of the company’s order book. Report by Renta 4 Técnicas Reunidas has announced that it has accepted a letter of intent for a contract toconstruct the onshore facilities of a gas plant in the Middle East. The project comprises the engineering, procurement, construction and…

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Ibex 35 closes on Friday at 20,176 points after rising 2% over week

Report by Singular Bank The main indices closed with widespread gains, buoyed by a US jobs report that was weaker than expected, which dampened expectations of further interest rate rises by the Federal Reserve. In Europe, the DAX led the gains with a 0.7 per cent rise, followed by the Euro Stoxx 50 (0.3 per cent), whilst the Ibex 35 gained a meagre 0.02 per cent on Friday but remains…