- IAG and Siemens Gamesa have been the red lanterns of the session
An intense day for the Ibex 35, although it has managed to close above the 9,600 points. The selective has risen 0.27% to 9.639 points in a session that has risen by 0.8%, but has also listed falls. We must remember that Monday closed at the lows of the session and today has not been able to recover with energy.
- 11.419,500
- 0,32%
Acciona is the value that registered the highest rise in the Ibex 35, from 2.7% to 73.8 euros. It was followed by Gas Natural, which has recorded an advance of 1.44%, pending the presentation of its new strategic plan published on Thursday and the shareholders' meeting held on Wednesday. Melia Hotels has also risen strongly, 1.52%.
On the side of the increases, it should be noted that banks have tried to recover from the sharp falls on Monday. Banco Santander has increased in value 0.5% and BBVA 0.82%. Bankinter and Banco Sabadell have also managed to close with increases of 0.3% and 0.04%, respectively. However, Bankia and Caixabank have continued to accumulate falls.
On the other hand, IAG has been the 'red lantern' of the session with a fall of 3.2% to 7.66 euros. In this way, the air holding company already accumulates a 7% drop in the week. Siemens Gamesa was the second highest value, -1.67%, but has come to yield more than 4%. The trade war and the tariffs imposed by the US on tariffs have hurt the company, which is left 20% from its May highs
On the business front, Telefónica won the league's rights on Monday. The 'teleco' has begun with increases close to 2%, but has been deflated during the session, even reaching the negative, to close, finally, with a rise of 0.15%. We must also talk about Ferrovial, which closed with a fall of 0.3% after it announced that it is moving its international business headquarters from the United Kingdom for Brexit.
In the main board, OHL has held a meeting of shareholders in which it has announced that it will relieve Juan Osuna, until now CEO, "soon" who leaves the company to go to OHL Concesiones. In addition, during the meeting it explained that it expects to recover 220 million euros from the highway and the outskirts broken in Spain. The company has dropped more than 4%.
OTHER MARKETS
The rest of the stocks of the Old Continent have also tried to recover from the falls on Monday. However, the German DAX 30 has fallen by 0.22%; while the FTSE 100 of London has gone up 0.4% and the French CAC 40, 0.11%. For its part, Wall Street is trading with soft rises, after the sharp falls on Monday due to the escalation of trade tension between China and the United States, led by US President Donald Trump.
However, from Danske Bank they point out that the market will continue to focus on issues related to trade war and the content of the US Treasury report on foreign investment to be published later this week. "The market will follow the preparation of the EU summit (on Thursday), where the problems of immigration seem to be the most controversial issue among European leaders." The summit will probably also address a joint response from the EU to the problems with the tariffs of the United States and more specifically the subject of automobile exports to the United States ", these analysts point out.
On the other hand, oil trades with increases. The barrel of West Texas, benchmark in the US, rises 1.57% above the 69 dollars, while the Brent, benchmark in Europe, rises more moderately, 0.3% to touch the $ 75. The euro falls in its exchange against the dollar to 1,167 'greenbacks'.
