IBERIAN DAILY 19 DECEMBER (ANÁLISIS BANCO SABADELL)
NEWS SUMMARY: ELECTRICITY SECTOR, FLUIDRA, NATURGY, VIDRALA.
The Ibex returns to 17,000 points
Stock markets recovered at both sides of the Atlantic in a session marked by the ECB and BoE meetings and by the good US inflation data. In the STOXX 600, all sectors except Insurance, Pharma and Autos ended with gains, led by Retail and Industrials. The ECB kept rates unchanged, as expected, raising its GDP forecast for 2026 (1.2% vs. 1.0% prev.). The BoE cut rates by 25bps, as expected, to 3.75%, a decision that was not unanimous (5 votes vs. 4). In the US, November’s general and core inflation mo...