The Ibex is trading flat, with Sabadell and BBVA as the absolute protagonists

A major surprise to close the trading week. BBVA and Sabadell have communicated that the negotiations for their merger have been broken as they have not reached an agreement on the exchange ratio. When it seemed that things in the Spanish banking sector were beginning to get back on track, with the corporate operations between CaixaBank and Bankia and BBVA and Sabadell, now this negotiation is broken and it becomes evident that the sectoral concentration in Spain, so desired by many, is not It is not all perfectly smooth.