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…

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”.