Markets

electricity megawatts

€9 billion 10-year mechanism via open auctions to ensure security of electricity supply

Report by Banco Sabadell The EC has authorised Spain’s proposal to create a capacity mechanism valued at €9 billion over 10 years (~€900 million/year) to ensure security of electricity supply. The scheme will remunerate the availability of firm capacity during periods of scarcity, reinforcing the stability of the system and preventing blackouts. It will be allocated through open auctions and the main potential beneficiaries will be combined-cycle plants, pumped-storage hydro,…


fondos inversion my foro

Average return on investment funds in May stands at 1.5%, compared with 3.3% for Ibex 35

Reported by Consejeros Editorial Team According to provisional data released this week by Inverco, the Spanish investment fund association, these funds increased their assets by €7.864 billion in May, reaching a total of €473.383 billion. Meanwhile,the average return recorded by the funds in the fifth month of the year was 1.5%, which contrasts with a monthly return of 3.3% for the Ibex 35. According to the Inverco report, assets in…


medcap

22nd Medcap Forum: the importance of channelling savings into productive investment

Reported by Consejeros Editorial Team More than 100 companies, alongside 170 national and international investors, are taking part in the 22nd Medcap Forum, which began yesterday and will run until Thursday, 28 May. Juan Flames, CEO of BME, opened the event by highlighting the challenging and worrying geopolitical situation, which the Spanish economy continues to face with a healthy growth rate. IPOs are also making headway despite market volatility. BME…


Ferrari luce parte trasera

Ferrari unveils first 100% electric vehicle, milestone in electrification strategy

Report by Renta 4 Whilst its rivals in the sports car segment are slowing down their transition to electric vehicles, Ferrari has unveiled its first 100% electric vehicle, a five-seater, four-door model priced at €550,000 with a potential top speed of 310 kph, marking a milestone in its electrification strategy. Deliveries of the ‘Luce’ model, which means light in Italian, are scheduled for Q4 2026. The company hopes this will…


emerging markets new

Adjusted PEG ratio for emerging markets stands at 0.9, compared with 1.3 for US and 1.6 for Europe

Analysis by Vladimir Oleinikov Emerging market equities have fully recovered since the start of the conflict with Iran (28 February), rising by 5.3% in terms of total return. Earnings revisions (earnings per share) have improved despite geopolitical tensions, reflecting macroeconomic resilience and AI-driven results. Beyond AI, emerging markets are benefiting from broader industrial trends – renewable energy, energy security and defence – particularly in Asia (which accounts for 82% of…


bodegas riojanas

Historic Bodegas Riojanas avoids insolvency proceedings: Vintae to acquire 90% of share capital

Reported by Consejeros Editorial Team The Logroño-based wine group Vintae, through its parent company Gevisa Wine Capital, has agreed a restructuring plan with the banks whereby it will assume the debt of the historic Bodegas Riojanas and acquire 90% of the company’s capital, as reported to the National Securities Market Commission (CNMV) last Friday. The current shareholders will retain ten per cent of the capital. The transaction also includes the…


bolsa madrid

European stock markets fall amid renewed uncertainty in Iran: Ibex drops 1.56%

Reported by Jaime Sicilia Martínez The main European indices have recorded declines following the failure of the latest proposals from Iran and the United States, and Trump’s threat of a possible end to the ceasefire. Investors’ defensive stance has favoured gains in Energy, Consumer Staples and Healthcare, whilst the major cyclical sectors have been the hardest hit. The technology sector has been dragged down by the US market, and the…


bolsa espana reloj

Mixed trading in Europe: Ibex 35 falls 0.2% to close at 17,852 points

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…


TSK asturies

TSK set to go public at €5.05 per share this Wednesday

The set price, the highest in the range announced by the company last week, values the Asturian engineering group at €583 million (€605 million if the over-allotment option of up to €22.5 million is exercised). Report by Link Securities TSK has notified the National Securities Market Commission (CNMV) that it has completed the book-building process for the initial public offering of the Company’s ordinary shares in accordance with the tentative…


SP500 nuevo

Since 1991, conflicts between US and Middle Eastern countries have been bullish for three months (and beyond) for S&P 500

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…