Ibex 35 index has tried to finish the month of July above 10,600 points (it has reached an intraday high at 10,593 points), but has lost strength in the final part of the session and has fallen 0.32%, weighted by the negative performance of BBVA (-0.74%), Telefónica (-0.64%) and Santander (-0.45%). The index has closed slightly above 10,500 points (10,502.20 points) and closed the month of July with moderate gains of 0.5%.
- 11.440,000
- -0,24%
Siemens Gamesa has returned to lead the sales. Following a 17% drop last week after weak results, its shares have fallen 5% on monday, after JP Morgan Cazenove's experts cut their valuation by 39%, to 13 euros per share from 21,40 euros. Its shares have closed at 13.85 euros.
In addition, DIA shares have fallen 4.95%. A profit-sharing that comes after a 15% surge on friday, when Ukrainian-born Russian billionaire Mikhail Fridman entered the capital with 10% of the supermarket chain through his Leterrone Investment Holdings vehicle. Tecnicas Reunidas (-3.43%) also fell sharply, which on Friday already fell 7% after publishing results; and the airline IAG (-2.55%).
On the earnings side, Gas Natural Fenosa has risen 2.17% following a positive HSBC advice. Analysts of the British entity have raised their recommendation of 'underweight' to 'hold'. In addition, they have raised their target price by 1%, from 19.5 euros to 19.7 euros. Grifols has up 2.04% and Aena 1.23% and have been the other most bullish stocks of the Ibex.