stock exchange

Spanish economy 4th September 2024

Almost half of all Spanish stock exchange shares (49%) in foreign hands

Non-financial companies, banks and the public sector increased their share ownership in the Spanish stock market at the end of 2023, with international investors continuing to control nearly half of its capitalization. This is reflected in the Report on the Ownership of Listed Spanish Shares published today by BME’s Research Department. As the report points out, public sector participation in the stock market reached its highest level (16.6%) in 1992,…

Spanish economy 4th March 2024

Norwegian Pension Fund raises its stake in Spanish stock market to €12,407 M, up 23% from the previous year

Link Securities| The Norwegian Pension Fund has €12,407 million invested in companies listed on the Spanish stock exchange, according to the 2023 report from Norges Bank Investment Management (Nbim), up 23% from the previous year, Expansión newspaper reports today. Among its investments, it holds 3.36% (3.59% in 2022) of IBERDROLA (IBE), valued at €2,491.2 million; 2.26% (3.36% in 2022) of BANCO SANTANDER (SAN), valued at €1.355.6 million; 2.84% (2.09% in…

Spanish economy 15th December 2023

Elecnor, Applus, Amrest and CAF join list of companies whose shares are subject to Tobin Tax

Link Securities| Elecnor (ENO), Applus (APPS), Amrest (EAT) and CAF have joined the list of companies whose shares will be subject to payment of the tax on financial transactions – known as the “Tobin tax” – in 2024, which includes Ferrovial (FER), Siemens Gamesa, Pharmamar (PHM), Linea Directa (LDA) and Mediaset, according to the business and economics daily Expansión. The Tax Agency has published the list of the 52 companies…

European economy 1st March 2023

Fourteen European stock exchanges plan to provide information jointly

F.R. : Fourteen European stock exchange groups present in 26 EU Member States, including Six -BME-, Euronext, or Nasdaq, have announced a “joint initiative to participate in the future selection process for the provision of a CT (Consolidated Tape) for equity information in the European Union”. The CT is an electronic system for real-time dissemination of quotes and trading volumes, among other information. The project, for which no dates or…

World economy 26th December 2014

Hu-Gang Tong puts China on path to strong capital market

SHANGHAI | By Qi Bing via Caixin | The smooth opening of the Hu-Gang Tong, the Shanghai-Hong Kong bourse linkage, marked the entrance of the Chinese capital market to a new era and was a major global event. It follows on progress China has made in opening up its markets after joining the World Trade Organization, and will hopefully greatly boost the country’s economic and social reforms in the years to come.

Markets 7th July 2014

Don’t dismiss a pronounced correction of markets

MADRID | By The Corner | Corporate earnings season (2Q14) is about to start in Wall Street, with Alcoa opening the way and with the major American market indexes –Dow Jones and S&P 500- at maximum levels. The macroeconomic perspectives of the country will also help, especially after having overcome the impact of the weather on the GDP, as well as the certainty that the Western central banks are committed to support the economic recovery. Thus, investors expect that the official interest rates will keep at very low levels in relative historical terms for a long period of time.

Companies 3rd June 2014

China imposes new brand order

Chinese Internet companies such as Weibo, Baidu and Tencent are sophisticating their business models to offer innovative products and services. This crucial change brings to the brands made in China greater value at a global level as they go public on the New York Stock Exchange.

Markets 5th May 2014

The two sides of China’s Internet economy

Mid-April the largest Chinese micro blogging service, Weibo, raised $286m in its Nasdaq debut. Within weeks, Alibaba, the largest e-commerce platform in the world is expected to complete probably the biggest IPO in history. These are some of the main players of China’s booming Internet economy, which saw revenues of 600.41 billion Yuan in 2013, and it is expected to reach 1.72315 trillion Yuan in 2017. But censorship and strict regulations are hindering the growth of the country’s cyber players.