market chatter

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Today’s market chatter in Spain (focused on Inditex)

MADRID | By Jaime Santisteban | Inditex is pushing Spanish Ibex 35 upwards today as its growth reaches maturity stage. The owner of Zara is working to reduce operative costs. However, its shareholders will get a 10% higher dividend. Bankinter considers the Spanish firm results to be somewhat weak. Euro’s strengh, slow domestic recovery, emerging countries slowdown could explain such underperformance. 

 


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Today’s market chatter in Spain

MADRID | By Jaime Santisteban | Markets consolidate advances reached yesterday and Wall Street endeavours to awaken from its slumber with an increase of about 1%. No earthquake in sight, provided that sanctions for Russia remain light. America didn’t disappoint: industrial production grew in February by 0.6 %. In Spain, Sacyr will continue to celebrate the agreement to conclude the works of the Panama Canal and Jazztel benefits from the Vodafone-ONO operation.


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Today’s market chatter in Spain

MADRID | By Jaime Santisteban | “Let’s wait and see but time is running out,” Bankinter analysts weigh in. This week is meant to be decisive for markets and the global economy with the Ukraine-Crimea-Moscow saga and China overshadowing the rest of the news.