stock market

bolsa madridTC

Spanish stock market pays out €35.716 billion in dividends through September, up 22%

Spanish listed companies paid out €35.716 billion to their shareholders during the first nine months of the year, representing a 22.27% increase compared to the same period in 2025 and approaching the full-year total for 2024, when the stock market witnessed payouts reaching €37.860 billion. In September alone, Spanish listed companies distributed €439 million, reflecting a 96.86% surge compared to the same month in 2025, when the total stood at…


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New Record: 50.4% of the Spanish Stock Market is Owned by Foreign Investors

International investors consolidate their position as the largest owners of the Spanish stock market, reaching a new historic high, while retail households regain part of their lost ground. These are some of the main conclusions of the BME Report on the Ownership of Listed Spanish Shares, prepared by the BME Research Department using data as of year-end 2025 and, for institutional investment, as of June 2026. The stake of international…


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Spanish stock market: 41 stocks rated Buy and 6 rated Sell according to the September Market Consensus

Patrivalor | According to the September market consensus, there are currently 41 stocks with a buy recommendation (scored between 1 and 2 points), compared to 44 at the close of 2025. The recommended stocks are: Inditex, Amadeus, IAG, Cellnex, Logista, Almirall, Puig Brands, Cirsa, Neinor, Faes, Pharmamar, DIA, Atresmedia, Aedas, Arcelor, Repsol, Acerinox, Cie Automotive, Vidrala, Indra, Técnicas Reunidas, Ence, Tubacex, Ferrovial, Merlin Properties, FCC, Inmobiliaria Colonial, Sacyr, OHLA, Iberdrola,…


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Cobas AM takes profits and reallocates quarter of portfolios towards family holding companies

The asset manager has assets under management of nearly €4.674 million, driven by the progress of its international strategies and profit-taking in the energy sector. Reported by the Consejeros Editorial Team Cobas AM has closed the first half of 2026 by consolidating the positive trend of its funds. The firm has reached assets under management of €4,674 million, underpinned by the solid performance of its main strategies. The International Portfolio…


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Consortium comprising Clerbil, Ohmnia, BBK Foundation and Indar Kartera launches takeover bid for Azkoyen worth €245 million at €10 per share

Azkoyen’s share price closed Friday’s session at €11.40 per share, representing a 31 per cent increase so far this year, although it had approached €15 at the start of the month. The offer of €10 per share therefore represents a 12.3 per cent discount on last week’s closing price. Reported by the Consejeros Editorial Team Clerbil (chaired by José Antonio Jainaga), together with Ohmnia’s current shareholders (Carmen Lequerica Holding, the…


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Digi Spain falls 8% on its stock market debut

Reported by the Consejeros Editorial Team Digi España was listed on the stock exchange yesterday via an initial listing auction. The transaction, aimed exclusively at institutional investors, consists of a rights issue of €150 million (€134 million net of fees and employee share options) combined with a public offering of €137 million by DIGI Romania (the parent company). The latter will have the option to sell additional shares worth €43…


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Spanish stock market trading at P/E ratio of 19.2x, 3.9% higher than at end of 2025

The average recommendation stands at 2.03 points (buy), with 41 stocks rated ‘Buy’ and seven rated ‘Sell’. Analysed by Patrivalor The market capitalisation of the Spanish companies analysed stood at €1,229,112.45 million at the end of June 2026, representing a rise of 10.6% compared with the end of 2025. The weighted average target price is €11.74, down 3.7% on the previous year, whilst the weighted average market price is €11.36…


Manuel Enrich

“Funds, insurance companies, and pension plans account for barely 6% of the shareholding of Spanish listed companies”

Manuel Enrich, chairman of AERI (Spanish Association for Investor Relations), maintains that “the Spanish stock market has only been at all-time highs for a few months; I believe it remains undervalued.” Are we facing a solid cycle for the Spanish stock market? The Spanish stock market is highly correlated with the major international indices, which is simultaneously a strength and a vulnerability. Based on valuations, the cycle strikes me as…


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Low growth, high returns: why Europe is penalising the stock market and rewarding bonds

By Felipe Villaroel What a fixed-income manager is looking for is an environment of low but positive growth, contained inflation, banks that do not take on too much risk, and under-represented technology and higher-risk sectors. The reason is simple: they receive the same coupon and recover the same principal regardless of how much a company grows. They do not share in the extraordinary gains that might result from taking on…


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Spanish Stock Market traded €42.277 billion in May, up 32.7%

The Spanish stock market traded €42.277 billion in equities last May, representing a 32.7% increase compared to the volume recorded in the same month of the previous year, according to the monthly report on markets operated by Bolsas y Mercados Españoles (BME) published yesterday. Although the trading volume in May fell by 3.8% compared to April, the accumulated total for the first five months of the year already reaches €216.913…