IBERIAN DAILY 07 OCTOBER (ANÁLISIS BANCO SABADELL)
NEWS SUMMARY: ECOENER, FERROVIAL, INDRA, MAPFRE, NATURGY, OHLA, SACYR, UNICAJA.
Risk of snap election in France
Most European stock markets fell, with the French CAC performing the worst due to the political instability of Macron’s Govt. In the STOXX 600, Energy (Brent rallied after OPEC+ “only” raised production by 137,000 b/d), Technology (boosted by the agreement between AMD and OpenAI) and Insurance led the gains, while Consumer Goods, Banks and Chemicals suffered the biggest drops. On the macro side, in Spain industrial output sped up in August. In France there is a new political crisis ...