The Ibex 35 manages to save the week after three days closing in negative. The fatal catalysts in the financial markets and the mixed price of the Asian Stock Exchanges and Wall Street, added to the volatility of the markets as a consequence of the monthly expiration of the derivative contracts, have led the selective Spanish to consolidate the level of 8,100 points . This Friday, the Madrid stock market advanced 1.16% at the close, driven by Acciona and the rebound of tourist values.
Actuate It is once again a protagonist in today’s session after obtaining a net profit of 380 million euros in 2020, which is 8.1% more than in the previous year despite the coronavirus crisis. Likewise, the company has announced that it will undertake reforms in its corporate structure after the approval of the listing of its renewable energy subsidiary with the aim of giving greater visibility to its different lines of business, reducing costs and strengthening its balance sheet, the company reported. At noon, the energy company shares advanced more than 3%.
Great prominence for tourism values at the close of the day this Friday, given the improvements in economic forecasts and after the downward path of the previous days. A) Yes, IAG bounces more than 5%, followed by Amadeus which rises 4.8%, while Meliá registers increases of more than three percentage points.
This Thursday the National Markets and Competition Commission (CNMC) has frozen airport charges in 2021, opening the door for the airport manager to recover part of the income lost by Covid-19 in the next five years. At the close of the day, the shares of Aena they were advancing about two percentage points.
Banking is also at the top of the table with rises of 4.4% for the Santander Bank and 4.1% for Bankinter. Sabadell Bank Y CaixaBank advance more than 1.5% while BBVA Y Bankia they bounce more than one percentage point at the close of the day.
This week, Almirall Y PharmaMar They played a leading role after the advances in their respective clinical studies, acting as a support to the wave of sales in recent days with advances that reached 11%. At the end of the week PharmaMar rose 2.1%, while Almirall advanced close to a point and a half percentage.
At the close of the stock market, the main indicator of the stock market, the Ibex 35, has gained 93.5 points, that 1.16%, to 8,151.6 points. In the week it rose 1.2% and in the year 0.96%, after the comeback of the travel sector and banks, which have been boosted by the acts of the European Central Bank (ECB) and the Federal Reserve.
On the contrary, the red lantern of the week is the renewable sector, with the exception of Acciona. Thus, on the negative side, the falls of Grifols (-1.08%), Viscofan (-0.95%), Cellnex (-0.79%), Colonial (-0.77%), Iberdrola (- 0.71%) and Inditex (-0.54%).
The main European stock exchanges are still pending the evolution of Covid-19 and its economic impact in Europe, as well as the new restrictions and the vaccination campaign, which after having slowed down due to distribution problems. The rest of the European stock exchanges have also presented increases in the trading session on Friday, of 0.10% in London, 0.79% in Paris, 0.77% in Frankfurt and 0.94% in Milan.
The oil barrel West Texas Intermediate (WTI), a benchmark for the United States, was trading at $ 59.65, while crude Brent, a reference for Europe, marked a price of $ 63.38. Finally, the price of the euro against the dollar It was placed at 1,2135 ‘green bills’, while the Spanish risk premium rose to 68 basis points, with the interest required for the ten-year bond at 0.35%.
Wall street opened this Friday with gains in a rebound from yesterday’s losses, pending new economic data after several days of concern about the rise in the profitability of public debt and the risk of inflation: the Dow Jones of Industrialists rose a slight 0.12%, to 31,532.40, while the selective S&P 500 it advanced 0.22% to 3,922.48. The Nasdaq, in which the main technology companies are listed, increased by 0.42%, to 13,923.86.
Dario Garcia, an analyst at XTB, expects the Ibex 35 to rise to the range between 8,200 and 8,300 points next week, with markets watching the German IFO index, the US consumer confidence index, the testimony on Tuesday and Wednesday of Jerome Powell (Fed) and the publication of the GDP of the fourth quarter of Germany and the annualized of the United States.