Mixed session on European stock markets The Ibex 35 fell 0.2% on Monday, with declines in the banking sector and gains in utilities. The French CAC 40, meanwhile, fell by 0.7%, weighed down by the luxury sector, and the EuroStoxx 50 closed down 0.3%. Aro Romero Mateu European indices started the session on a negative note and remained so until the close. The Ibex 35 fell by 0.2%, with declines…
Report by Renta 4 European markets opened lower (Eurostoxx futures down 0.7%, S&P futures down 0.2%, Nasdaq futures down 0.5%) whilst Brent futures rose again, albeit moderately, by 0.7%. As for the conflict, there is still no agreement and the two sides continue to exchange threats, with Trump warning that the ceasefire with Iran is in a very fragile state, and the Iranian government stating that it is prepared for…
By Jaime Sicilia Martínez The major European indices have fallen as investors await the announcement of the agreement and given the latest decline in the energy sector. Consumer discretionary stocks led the gains for the second day in a row. The IBEX 35 closed down 0.3%, and the Euro Stoxx 50 fell 0.9%. In the Asia-Pacific region, the Hong Kong Hang Seng followed up on yesterday’s sharp rise in the…
Alphavalue/Divacons | Shares in the Spanish IT services and consultancy firm fell by 2.93% on Monday. The market is reacting to doubts over Ángel Escribano’s continued tenure as chairman, following confirmation last Thursday that Escribano Mechanical and Engineering (EM&E) was withdrawing from the merger with Indra (IDR), whilst retaining Escribano at the helm of the firm. Ángel Escribano’s future as the company’s chairman remains shrouded in uncertainty after he was…
Morgan Stanley | Bart Gysens (analyst) revises down the bearish scenarios for the European property sector and maintains an Attractive view, although he highlights that risks are now more symmetrical. He ranks the sector according to five criteria: 1) impact of higher interest rates; 2) HALO characteristics (heavy assets with low obsolescence); 3) ability to go on the offensive and/or scope for self-correcting measures; 4) significant changes in fundamentals —such…
Morgan Stanley | Analysis by Axel Stasse (analyst) shows that flag carriers are more exposed to rising aviation fuel prices than low-cost airlines. The main European low-cost carriers have directly hedged their exposure to jet fuel, which protects them from recent volatility. In contrast, flag carriers hedge mainly with Brent/diesel and add exposure to jet fuel closer to the flight, leaving them more exposed to crack spread volatility. Deutsche Lufthansa’s…
Banco Sabadell | In an interview with TVE yesterday, the Minister of Economy, Carlos Cuerpo, stated that the government will be monitoring fuel prices due to the potential impact of rising oil and gas prices in light of the conflict in the Persian Gulf, as price increases are passed on very quickly and decreases very slowly. Carlos Cuerpo referred to the war in Ukraine, saying that they would be prepared…
Renta 4 | The main US indices are starting the week in a very similar vein to the last three months, mired, especially the S&P 500, in a tedious sideways range, with support at 6,780 points and resistance at 7,000 points. The two major support levels for the S&P 500 and NASDAQ 100 this year can be clearly seen in the chart below, with November’s lows of 6,520 points as…
Link Securities | Bodegas Riojanas (RIO) reports that the Board of Directors, at its meeting held on 24 February 2026, unanimously decided that the company should submit a notification of the opening of negotiations with its creditors, as referred to in Article 585 of Royal Legislative Decree 1/2020 of 5 May. The purpose of this communication is to allow the company to begin negotiations with its main creditors in order…
Deutsche Bank | Spanish banks continued to demonstrate stronger-than-expected net interest margin resilience in 2025, navigating a challenging rate environment thanks to proactive liquidity management and a faster-than-expected recovery in loan growth. This strong performance, coupled with solid diversification of fee income and continued cost control, positions the sector for sustained profitability. We expect net interest margin to resume an upward trend in 2026, supported by broadly stable net interest…