Markets

China tecnologia

AI drives China’s trade surplus to $105.43 billion annually in May

Report by Renta 4 Flat opening on European markets (Eurostoxx futures down 0.1%, S&P futures up 0.2%, Nasdaq futures up 0.3%) and a strong rebound in Asia (Japan’s Nikkei 2%, South Korea’s Kospi 8%) Yesterday, once again, and following the overnight escalation in the Middle East conflict, with crossfire between Israel and Iran and Hezbollah’s admission of having taken part in the attack on Israel (whilst banning Israeli shipping in…


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Mixed performance in a volatile session: Ibex 35 falls by 0.66% to close at 18,223 points

Reported by Nicolás Lopez Medina Following a clearly bearish opening, European stock markets recovered ground throughout the day, buoyed by a diminishing fear of an escalation of the conflict in the Middle East. Improved investor sentiment during the session allowed the market to recoup much of the losses recorded at the opening. The technology sector led the intraday recovery after having been the main focus of selling in the early…


Iberdrola edificio

Iberdrola to develop 1,000 MW energy storage battery in Australia, company’s largest to date

Reported by the Editorial Team A friendly takeover bid in 2020 for the renewable energy company Infigen Energy marked the start of the energy company’s activities in Australia. Since then, the country has established itself as one of the markets in which Iberdrola has shown the clearest commitment. In the last month, the Spanish company has achieved two new milestones there. I1berdrola has submitted a proposal to the Australian Government…


InmoColonial

Colonial AGM: rising financing costs will impact EPS, but guidance remains unchanged

Intermoney Analysis Colonial SFL held its CMD in Madrid on Thursday, which did not yield any major news. The REIT confirmed its strategic focus based on the following pillars: 1) operational leverage of office assets in the CBD, a product that will remain the priority, without ruling out entering the German market; 2) strengthening Plan X, focused on the transformation of assets, whether through development from scratch or a change…


Acciona hidraulica

Acciona completes divestment of long-standing hydroelectric business with sale of its 18 small hydroelectric power stations

Reported by the Editorial Team Acciona Energía has agreed to sell its remaining hydroelectric assets, a 64 MW portfolio comprising 18 small hydroelectric plants in Navarre and La Rioja, to White Summit Capital for €66 million, debt-free. The transaction, which is expected to close in the coming weeks, is forecast to generate capital gains of approximately €55 million. Hydroelectric generation has been part of Acciona’s business since it entered the…


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Técnicas Reunidas could join Ibex 35, replacing Acciona Energía

Report by Bankinter Next Thursday, 11 June, the Technical Advisory Committee (CAT) will hold a meeting to review the composition of the Ibex 35. On this occasion, there could well be changes. Técnicas Reunidas could join the index, replacing Acciona Energía. What do we think will happen at the CAT meeting? On this occasion, there could be changes. Técnicas Reunidas is the best-placed candidate to join the index. Its trading…


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Geopolitical instability and technological transformation boosting tangible assets

The shifting global geopolitical and economic landscape, coupled with doubts about the sustainability of public finances, is making real assets—which governments cannot simply print—increasingly attractive. By Géraldine Sundstrom Investors must be realistic. We live in a world marked by uncertainty, multipolar rivalries, geopolitical instability, and technological transformations and advances. Disruptions to supply chains are mounting, with trade frictions in an economy fragmenting into rival blocs. This is a global transformation…


eeuu madeinCM

US jobs report to dominate the day: unemployment rate of 4.3% expected

Report by Renta 4 European markets opened flat, but US futures were down (S&P 0.5%, Nasdaq 1%) and declines in Asia, with Japan’s Nikkei down 1% and South Korea’s Kospi down 5% (although it had fallen as much as 7% during the session, weighed down by Samsung and SK Hynix, which account for 54% of the index) amid profit-taking in the AI ‘trade’. Added to this is the news that…


Spanish stocks

Ibex 35 closes up 0.6%

Reported by Jaime Sicilia Martínez The main European indices rose following the conditional ceasefire agreement between Israel and Lebanon, which the market sees as a first step towards peace between the United States and Iran. The IBEX 35 closed up 0.6% and the Euro Stoxx 50 rose by 0.8%. Broadcom, the world’s sixth-largest company by market capitalisation, issued worse-than-expected forecasts for its AI chip revenue, and Crowdstrike Holdings also fel…


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SpaceX’s roadshow gets underway: automatic passive demand for index funds could reach $20 billion

Beyond the focus on developments in the Middle East conflict, investors will be turning their attention this Thursday to the launch of SpaceX’s roadshow. Elon Musk’s company aims to raise around $75 billion in what will be the largest initial public offering in history. Report by Renta 4 European markets open lower (Eurostoxx futures down 0.4%, S&P futures down 0.4%, Nasdaq futures down 0.5%) after Wall Street yesterday broke its…