NEWS SUMMARY: ENDESA, INDRA, INSURANCE SECTOR, SANTANDER, TELEFÓNICA. At the end of today’s report, and during the entire results season, we will include a presentation with positive and negative results highlights and previews for the 4Q’25 results to be released over the coming days in Spain. Ibex remains at 18,100 points Stock markets fell in a transition session, waiting the employment data to be released today in the US. In the STOXX 600, the best-performing sectors were Chemicals and Aut...
A director at Sacyr S.A. sold 1,000,000 shares at 3.948EUR and the significance rating of the trade was 83/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sh...
Seguimos viendo catalizadores. Nuestra favorita es Ferrovial. A pesar de un entorno de crecimiento económico limitado e inflación a la baja, seguimos viendo catalizadores. Ferrovial (P.O. 65,0 euros/acc; +13% potencial) es nuestra favorita por las favorables perspectivas de sus Managed Lanes y 407ETR (especialmente a nivel de tarifas), su mayor sensibilidad a tipos y mejor posicionamiento de cara a la licitación de Managed Lanes. En Sacyr (P.O. 4,60 euros/acc; +15% potencial) estamos positivos p...
NEWS SUMMARY: ARCELORMITTAL, HIGHWAY SECTOR, IAG, INDRA, SANTANDER. At the end of today’s report, and during the entire results season, we will include a presentation with positive and negative results highlights and previews for the 4Q’25 results to be released over the coming days in Spain. Ibex continues to climb It was a positive session for European stock markets thanks to business results and despite mounting tension in Iran and the drops in the technology sector. In the STOXX 600, Chemi...
A director at Endesa S.A. sold 2,000 shares at 30.260EUR and the significance rating of the trade was 55/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly show...
Notre 29ième Forum vient de se dérouler (8 et 9 janvier) à Lyon. Il a réuni 222 sociétés. L’édition 2026 de ce Forum a accueilli près de 500 investisseurs, travaillant pour environ 200 institutions de 13 pays. Nous avons ainsi organisé l’équivalent de 5 300 investors meetings. Ce document synthétise nos feed-back concernant les émetteurs obligataires présents.
NEWS SUMMARY: IBERDROLA, SACYR. Ibex continues at record-setting pace It was a mixed session on European stock markets, where geopolitical tensions kept markets cautious. In the STOXX 600, Consumer Goods and Food led the gains, whereas Technology (after rising more than 7.0% YtD) and Energy ended with the biggest corrections. On the macro side, in the euro zone December’s economic confidence index fell unexpectedly due to worse retail business expectations. Meanwhile, November’s unemployment ra...
COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: IBERDROLA, SACYR. El Ibex sigue a ritmo récord Sesión mixta en las bolsas europeas donde las tensiones geopolíticas mantuvieron la cautela en los mercados. En el STOXX 600, B. de Consumo y Alimentación lideraron las subidas mientras que Tecnología (tras subir más de un 7,0% en lo que llevamos de año) y Energía terminaron con las mayores correcciones. Por el lado macro, en la Eurozona el índice de confianza económica de diciembre cayó en contra de ...
La CNMC aprobó in extremis las circulares de retribución eléctrica para el período regulatorio 2026-2031. La referente a la Tasa de Retribución Financiera (TRF) para la transmisión y distribución eléctrica, y actividades de regasificación, transmisión y distribución de gas natural en el periodo regulatorio 2026-2031; la circular de la metodología de Distribución eléctrica y la de actividades de transmisión eléctrica y de valores unitarios para inversión y O&M. La CNMC aprobó in extremis las cuat...
NEWS SUMMARY: AMPER, CAF, FCC, REPSOL. The Ibex is still unstoppable European stock markets ended the week in positive numbers, underpinned by the improved economic sentiment and stability on the markets. The IBEX stood out as the best-performing index, rising +2.0% and above 17,200. In the STOXX 600, all the sectors except Technology, Autos and Energy ended the week with gains, led by Banks and Basic Materials. On the macro side, in the euro zone December’s consumer confidence fell unexpectedl...
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