stocks


Markets' view by Natixis

Markets: Cautious, not bearish (Natixis)

By David F. Lafferty (Natixis) | Over the last few months, we have written, spoken, and tweeted incessantly about the coming headwinds to both the global economy and the capital markets. In July we noted that despite the current macroeconomic momentum, there are many factors that are likely to hamper growth by the time we get to late 2019 or 2020. These include tighter monetary policy that will actually begin to pinch growth, fading tax-cut and fiscal stimulus (especially if the Democrats take the US House of Representatives in the midterm elections), continued trade and export headwinds, a Brexit supply-shock to the UK and EU, and so on.


Spanish stocks

Spanish Equity Funds Lost $229 M Up To October 4

Until the tense situation in the country is resolved, we believe the Spanish stock market will continue to suffer more than its European peers. As an example of this, in the week up until October 4, Spanish equity funds lost $229 million, according to market data firm EPFR.


Spain-Catalonia

Spain’s Tramuntana: buy Spanish stocks if they fall more than 5%

Carax Alphavalue | Up until last Sunday’s events in Catalonia, Spain’s economic recovery was well discounted in market terms, Carax Alphavalue says. But after the Catalan government’s “pretence poll” and the central government’s “heavy-handed” response, investors view Spanish stocks as a more risky bet and less of a buy opportunity for now.


Spanish stocks

Spain’s Stocks Not Exhausted

The positive dynamic behind Spanish stocks is a fact. Carax- Alphavalue’s analysts have repeatedly stressed it and indeed have selected to be, for most of H1, over-weighted in Spain in their Portfolio, a selection of stocks for a dynamic return.



ECB's president Mario Draghi

Bonds sexier than stocks

The Corner | March 10, 2015 | Markets will need to get used to the Greek conundrum, experts at Link Securities commented, that is why euro area bonds are going to look more attractive than stock in today’s session. (Picture by Álex García.) 


aena1

Aena IPO shows trust in Spanish recovery

MADRID | By Francisco López The successful launch of the Aena IPO has been interpreted as a sign of confidence in the recovery of the Spanish economy. The airport operator was floated last week and saw gains of  20.6%, but the headline grabbing investment from international funds such as BlackRock, Templeton, Fidelity or Capital Group has given credence to the sense that Spain is an increasingly attractive proposition for investors.

 



BME recursoTC

Price target of Spanish firms up by +47.3%

MADRID | The Corner | By J.A. Santos | The stock market value of the 60 Spanish firms that we analysed reached €615.973 billion at the close of November 2014. This represents a +6.7% increase with respect to 2013. According to the market consensus, the weighted average earnings per share is €0.85 (-27.9% vs 2013).