Markets

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Lighthouse now covers 50 small-cap companies and highlights six stocks with high potential for 2026

Lighthouse’s model portfolio has delivered a return of 98.5% since its inception, compared with 88.6% for the IBEX 35. This year’s report highlights Adolfo Domínguez, Axon Partners Group, Deoleo, Inmobiliaria del Sur, Labiana and Libertas 7 for their business momentum and valuation indicators. Reported by the Consejeros Editorial Team The independent analysis service of the Spanish Institute of Analysts, in collaboration with BME, has presented a new edition of ‘Ideas…


Ibex movil

Mapfre and Técnicas Reunidas win the AECA 2026 Corporate Transparency Award

Reported by the Consejeros Editorial Team, The Spanish Association of Accounting and Business Administration (AECA) has awarded the 2026 “AECA Corporate Transparency Award” to Mapfre and Técnicas Reunidas, in the IBEX 35 and IBEX Medium Cap & IBEX Small Cap categories, respectively. The award evaluates and recognises the efforts and achievements of both companies in the areas of transparency and the disclosure of financial information, corporate governance and sustainability. Representatives…


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China begins process of issuing up to €5,000 million in sovereign bonds, largest euro-denominated issue of its kind in its history

Report by Renta 4 European markets opened higher (Eurostoxx 50 futures up 0.3%, S&P 500 up 0.6%, Nasdaq 100 up 1.9%), reflecting Micron Technology’s strong results yesterday after the US market close. Shares in the largest US manufacturer of memory chips rose by 18% in after-hours trading, after its quarterly figures and guidance significantly exceeded consensus estimates, indicating that the AI-driven growth cycle remains robust. Demand for conventional memory chips…


Fluidra piscina

Fluidra Board approves cash dividend of €0.65 gross per share

Reported by Consejeros Editorial Team Fluidra’s Annual General Meeting of Shareholders has approved the distribution of a cash dividend charged to the profit for the financial year, amounting to €0.65 gross per share of the company entitled to receive it, to be paid in two instalments. Thus, as the company has notified the Spanish National Securities Market Commission (CNMV), the first payment will be made on 14 July 2026, with…


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Five oil tankers now leaving Strait of Hormuz daily

Reported by the Editorial Team Martijn Rats (analyst at Morgan Stanley) notes that the seven-day moving average of the number of oil tankers leaving the Strait of Hormuz has risen to 5.6 per day, with the majority of outgoing vessels now being crude oil tankers. He highlights that observed outflows of crude oil and petroleum products reached 8 mbbl on 19 June and 6 mbbl on 20 June, representing a…


euros prestamos

Euro falls to one-year low as ECB adopts more ‘dovish’ stance compared to Fed’s more ‘hawkish’ stance

Report by Renta 4 Flat opening on European markets (Eurostoxx 50 futures 0%) following yesterday’s session, which was characterised by falls in the technology sector (Nasdaq down 3%), amid worsening sentiment surrounding AI due to a combination of factors, notably advances in Chinese models that could offer better value for money – a form of competition that could cast doubt on the leadership of the major US tech firms. Even…


bolsa reloj espana 2

Tech sell-off hits global stock markets: Ibex 35 drops 0.34% to close at 19,476 points

Reported by Nicolás Lopez Medina European stock markets have closed lower, dragged down by the sharp global correction in technology and semiconductors. The Ibex 35 fell by around 0.3%, whilst the Euro Stoxx 50 dropped by 1.3%, with ASML and other stocks linked to artificial intelligence among the main sources of pressure. In Asia, the session was clearly bearish, with widespread declines driven by technology stocks. In the United States,…


May month Brexit

All pledges made by new Labour leader before moving into 10 Downing Street

Andy Burnham has promised to abide by the fiscal rules set out by Minister Rachel Reeves to reassure investors and prevent a sharp rise in debt, and not to raise income tax, National Insurance contributions or VAT. He is a staunch advocate of returning public control — though not public ownership — of water, energy and the railways, and maintains a more pro-European stance than Starmer. Analysis by Editorial Team…


ACS Hochtief Alemania

ACS’s German subsidiary, Hochtief, joins German DAX

Reported by the Editorial Team The inclusion in Germany’s main stock market index took place yesterday, Monday, following the latest review of the index carried out by Deutsche Börse, as announced by ACS in early June. At the close of trading on the Frankfurt Stock Exchange, Hochtief had risen by 3.13%. The construction firm emphasises that this milestone is “the result of decades of commitment, leadership and outstanding execution”, as…


bolsa madrid 1CM

AENA: only company in Ibex 35 without treasury shares

The value of treasury shares soared by 32.7% to €9,489 million at the end of 2025, as a result of the sharp rise in share prices. The aggregate treasury shares of the 35 companies in the index (AENA is the only one that did not hold any treasury shares) remained stable at around 0.9% of their market capitalisation. By the Consejeros Editorial Team Of the 34 IBEX 35 companies holding…