The Spanish financial and stock exchange operator BME a trading volume increase of 36% (yoy) in April.
Since January, biggest company in U.S. domestic flights Southwest Airlines manages international passengers with Amadeus’ Altea system and from now on this IT service will be used for domestic traffic too. It is the first migration to Altea in a leading american airline (US Airways, Delta, United Airlines y Southwest). Bankia analysts are stressing that Altea deals with more than 100 customer airlines, mostly in Europe, LatAm and Asia. Migration process will take about two years.
Almirall, Campofrío and Sacyr are the most recommended values in the Spanish market, according to the market consensus.
Struggling Spain’s automobile sector seems to turn the corner. Car registrations increased by 28.7% in April, the highest sale volume since 2011 and the largest since October. Besides, Link reports rental companies bought 75.5% more vehicles in April (yoy).
Regulatory measures and LatAm currencies depreciation impacted on Gas Natural’s performance. The firm’s EBITDA dropped by 7.7%. Experts at Bankinter don’t think this trend will go on for long, therefore they keep a “neutral” recommendation.