IBERIAN DAILY 24 SEPTEMBER (ANÁLISIS BANCO SABADELL)
NEWS SUMMARY: INDRA, REPSOL, TELEFÓNICA.
Transitional session brings gains
European stock markets rallied, spurred by optimism on the positives of AI and the expected greater economic dynamism. In the STOXX 600, the gains were led by Autos and Consumer Goods, whereas defensive sectors like Pharma and Food suffered the biggest drops. On the macro side, in the euro zone the preliminary manufacturing PMI for September fell into a zone compatible with falling activity levels (49.5), while the services PMI rose more than expected (51.4) thanks to the increase in Germany vs. the collapse in France....