Fernando Rodríguez | Retail investors took advantage of the sharp falls in the Spanish stock market in March 2019 to appreciably increase their positions in the sectors most affected by the crisis. This is revealed by an Analysis of the behaviour of retail investors in the financial markets during the COVID-19 crisis, prepared by CNMV technicians. “The number of transactions carried out in the first weeks of the crisis saw…
Spanish stock market
The Spanish stock market has become less attractive to investors, according to the latest data published by one of the country’s leading brokers, XTB. Despite doubling its volume of active clients in equities during 2021 compared to 2020, a clear change of trend in the Spanish market is being observed. The number of investors who only operate in the domestic market has decreased by 35% last year, while the number…
The Board of Directors of BME Growth has approved the listing of Intercity, once all the documentation submitted by the company has been studied and a favourable evaluation report has been issued by the Market Coordination and Listing Committee. Intercity, which is the first Spanish club to be listed on a stock market, is the third company to join BME Growth since the Pre-Market Environment. This BME programme supports companies…
T.C.| Yesterday, the Spanish stock market closed at a twelve-month high, with the selective Ibex 35 above 8,800 points. The good results of some of the companies that have already presented their first quarter figures (Santander, Repsol, Naturgy, Indra, Viscofan…) pushed the index but did not prevent, as Morgan Stanley analysts explain, “Spain continues to have negative EPS (Earnings Per Share) and DPS (Dividends Per Share) revisions relative to the market… although it continues to trade at a 30% discount to the MSCI Europe”, when “the historical average is 20%, making it one of the most undervalued countries in the region”.
Most analysts believe the recovery in the stock prices of Spain’s four big Socimis will continue over the coming months. Between 70% and 80% of all brokerage houses have a buy recommendation. The fact these property investment vehicles have quite high returns and there is very little competition are amongst the positive factors.
José A. Santos (Patrivalor) | The value of the 60 Spanish companies listed on the stock market stood at 536.499 billion euros at end-July 2016, down 9.0% from end-2015, Patrivalor says.
Fernando Rodríguez | Telxius Telecom, Telefonica’s new telecommunications’ infrastructure subsidiary, will build and manage Marea, the subsea cable across the Atlantic that Facebook and Microsoft will run from Virginia Beach in Virginia to Bilbao in Spain. The announcement comes at exactly the right time as Telxius’ IPO is about to happen on 2nd June. Analysts consulted by The Corner believe this will go down well with investors. It will also be a companion for Cellnex Telecom, as another representative from this sector in the Spanish stock market.
Year 2015, with all the problems and possible scenarios, will mark a new record in terms of listed companies’ earnings, exceeding the 32 billion euros registered in 2014.
MADRID | July 3, 2015 | By Francisco López | Investors who bought a Spanish 10-year bond last January 1st are losing today 3.8% of their investment. Those who chose a financial product linked to lbex35 earned 6% in the same period, despite the recent fall caused by the Greek crisis.The evolution of the Spanish stock market has been better in the first half of the year and, according to experts, may further improve.