Ibex 35

bolsa reloj espana 2

Widespread gains on European stock markets: Ibex 35 rises 0.45% to close at 17,654 points

Modest gains on Wednesday for the Ibex 35 (0.46%, 17,654 points), as seen across most other European stock markets, which are rebounding but only moderately. Reported by Jaime Sicilia Martínez The major European indices are recovering some of their recent losses, despite Brent crude remaining above $105 and thus inflation estimates on the rise, while the conflict with Iran persists. Meanwhile, it appears that Saudi Arabia launched attacks against Iran….


bancos espana

Fitch Raises Ratings for BBVA, Caixabank, Santander, and Sabadell

Report by Renta 4 Recommendation: BBVA, Hold, Target Price €20.80/share; Caixabank, Overweight, Target Price €11.86/share; Santander, Overweight, Target Price €12.08/share; Sabadell, Overweight, Target Price €3.85/share Fitch has upgraded the long-term issuer and long-term deposit ratings of BBVA (BBVA) and Caixabank (CABK) by one notch in both cases to A (from A-) and to A+ (from A), respectively. In the case of Santander (SAN), it has raised the long-term rating to…


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…


ibex chulisima

IBEX 35 closes down 0.3% as investors await Iran’s acceptance of deal presented by Trump

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…


Ibex

Historic day for Ibex35, breaks maximum after 18 years, closes above 16,000 points for first time

The Ibex 35, the Spanish stock market’s benchmark index, closed yesterday’s session at 16,000.2 points, following a 0.87% rise during the day, which marks a new historical maximum. So far this year, the Ibex 35 has risen by more than 37%, largely driven by the strong performance of banks, which account for 36% of the index. The Ibex thus manages to surpass its previous all-time stock market high (15,945 points)…


Merlin Properties new

Investors should not resist data centre trend, even if valuations appear high; EW maintained for Merlin Properties

Morgan Stanley | Our analyst Bart Gysens continues to see attractive risk/return in EU real estate, although he prefers to focus on idiosyncratic stocks while awaiting a turnaround in bond yields. In the logistics sector, which is under greater pressure, he believes we have already passed the peak of deterioration in sentiment and demand, with CTP being his top recommendation. In terms of relative value, he prefers office stocks in…


IAG nuevita

As UK equities bottom out, IAG stands out as stock with upside potential

Morgan Stanley’s Bruna Sarika, our UK macroeconomist, estimates GDP growth of 0.9% for the UK (consensus is 1.3%) and expects five rate cuts this year. Marina Zavolock, despite the country’s macroeconomic challenges, believes that UK equities have bottomed and sees several stocks with local exposure with upside potential: Barratt Redrow, Tesco, British Land, Severn Trent, National Grid, and Barclays and with global exposure: Experian, IAG, and Reckitt; plus Next.


Ibex 35 index

CAT to keep composition of Ibex 35 unchanged as aspirants’ trading volumes lower than those of current constituents

Bankinter | Next Thursday 12 December the Technical Advisory Committee (CAT) will hold a meeting to review the composition of the Ibex 35. On this occasion we do not expect any changes. What do we think will happen at the CAT meeting? The CAT will keep the composition of the Ibex 35 unchanged. The traded volumes of the aspirants are lower than those of the current constituents and therefore do…


bolsa reloj espana 2

High probability of a positive fourth quarter: Ibex 35’s 7% cushion

Renta 4: We continue with positive statistics, this time suggesting a positive fourth quarter, as we can see in the two charts below. The first chart looks at the occasions when a momentum indicator registers certain positive parameters, noting that 2, 6 and 12 months later there have been positive performances by the S&P500. The second shows that when the S&P500 has not recorded monthly declines of more than 5%…


bolsa espana reloj

Ibex 35 surprises with better performance, breaking worse trends of previous years against peers

Renta 4 | The new annual highs of the Spanish selective index, breaking the 11,470 point zone, have come hand in hand with a new high in its relative performance with respect to the Eurostoxx 50, a performance that, since October 2022, has been setting new highs, breaking the downward trend since 2009: But the better tone of the IBEX 35 is not limited to the main European index. If…