Moderate increases for the Ibex 35 (+ 0.1%; 8,161 points) in a day full of references, after closing on Tuesday with slight rises of 0.14%, to 8,152 points. For its part, Wall Street ended with notable gains of more than 1%, due to the forecasts of an agreement between Republicans and Democrats for a new economic stimulus plan.
- 11.656,600
- 0,39%
Currently in business, Bolsamanía publishes that Telefónica will cut its dividend in half (0.20 euros in cash) to strengthen its balance sheet and reduce its debt, according to Citi analysts.
In addition, Spanish banks learned yesterday of the decision of the European Central Bank (ECB) on dividends. As this medium had published, the regulator was quite restrictive, allowing the distribution of only 15% of the profits.
Another outstanding news that affects Repsol, Naturgy, Iberdrola or Endesa is that the energy companies will have to pay 7,000 million a year to finance renewables, according to the new plan announced by the Government.
At the monetary level, this Wednesday comes the last meeting of the year of the Federal Reserve (Fed). For the Fed, Bank of America experts do not expect adjustments in asset purchase parameters.
"The focus of the meeting will be the tone used by the US central bank, as we expect it to leave rates and asset purchases unchanged. We believe that neither economic nor financial conditions are severe enough to justify further easing of politics at this time ", they indicate from the signature.
And on the economic scene, also this Wednesday there will be manufacturing and service PMIs in Europe; and retail sales in the US. On Friday, the climax will be the 'quadruple witch hour', the quarterly expiration of options and futures on stocks and indices.
On Brexit, optimism "is increasing," according to analysts at Danske Bank, following the "announcement that the House of Commons will meet on Monday and Tuesday next week, which is seen as a great sign that they are nearing an agreement. "
Michael Hewson, an analyst at CMC Markets UK, says "optimism is building after some positive comments from Irish Prime Minister Micheal Martin."
By technical analysis, the Ibex "remains trading above 8,000 points, in what appears to be a lateral consolidation awaiting the appearance of a sign of strength," says César Nuez, an analyst at Bolsamanía. According to this expert, the bullish signal consists of the overcoming of the resistance of 8,322 points, highs in early December
In other markets, Brent oil fell 0.2% to $ 50.66, while the euro increased in value 0.08% and changed to $ 1.2161. In addition, an ounce of gold rose 0.18% to $ 1,858. Finally, the profitability of the 10-year Spanish bond is trading at negative historical lows of -0.02%.
