IBERIAN DAILY 08 JULY (ANÁLISIS BANCO SABADELL)
NEWS SUMMARY: GRIFOLS, TALGO.Weekly rally, awaiting the second round of the French elections
European stock markets rallied last week (despite last Friday’s corrections). Awaiting the second round of the French elections, last week the CAC 40 climbed >+2.00% and the Ibex35 managed to remain above 11,000 points, ending with more moderate gains
Talgo is engaged in designing, manufacturing, repairing and maintaining the railway rolling stock, as well as the manufacturing, assembling, repairing and maintaining the engines, machinery and parts of the railway systems. Co. has an industrial presence in seven countries: Spain, Germany, Kazakhstan, Uzbekistan, Russia, Saudi Arabia and U.S.A. Co. has an active fleet in Europe, Asia and North America that comprises of 94 high-speed trains and more than 1,400 Talgo tilting passenger cars. Also, Co. purchases, redesigns, constructs, leases and sells all types of real estate.
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