MADRID, 15 (EUROPA PRESS)
The Ibex 35 index managed to close this Friday positively in a day that has been festive in much of the Old Continent, so, in the absence of European references, investors have been keeping an eye on the United States and the meeting between Donald Trump and Vladimir Putin.
In this way, the Madrid selective has stepped on the accelerator to end with an advance of 0.47%, eight hundredths more than in the middle of the session, which has left its price at 15,277.2 basis points.
The Ibex 35 has marked a historic milestone this week, as the index has once again touched 15,000 points, a level it has not reached since 2007, and which brings it closer to its historical highs of 15,945 points. This year's evolution, with a cumulative increase of 30%, has made the Ibex 35 the index with the best performance of the main selective indexes in the world.
Specifically, Amadeus shares have boosted the Ibex 35 with a rise of 1.35%; ahead of Aena, with an increase of 0.91%; Cellnex, with an advance of 0.89%; and Ferrovial, which recorded an increase of 0.86%.
For its part, the biggest falls in the selective in the Plaza de la Lealtad corresponded to Indra (-1.67%); Unicaja (-0.75%); Colonial (-0.52%) and Logista (-0.48%).
Among the rest of the main stock markets of the Old Continent, the Ftse100 in London fell 0.42%, while the Cac 40 in Paris rose 0.67% and the Dax in Frankfurt recorded a decrease of 0.01%.
UKRAINE AND OPA
According to market analyst Manuel Pinto, the peace efforts in Ukraine have had a strong impact on the Ibex 35. If completed, Arcelormittal would be one of the biggest beneficiaries in Europe since its plants in Ukraine could be operational again.
Before the war, in 2021, its production was around 4.9 million tons of steel, a figure that in 2024 fell to 1.6 million, 67% less. Any improvement on that front would be a direct boost to your bottom line.
Another of the protagonists would be Acerinox, which could rebound due to the expectation of an improvement in demand for steel derived from the possible reconstruction of Ukraine.
In addition to the steel sector, other industries are also emerging as winners in this scenario: construction companies, for their key role in reconstruction plans; airlines, which would benefit from a drop in crude oil prices; and banks, which would see their activity strengthened in the face of a forecast of greater economic growth in the region.
Also notable is Inditex, whose past exposure to Russia positions it as a potential beneficiary if the market reopens, something possible thanks to the company maintaining the rights to operate there through franchises, if conditions allow.
On the opposite side would be Indra, which, like the rest of the defense sector, is suffering the consequences of a foreseeable ceasefire that would slow the growth of new orders.
On the other hand, Pinto has mentioned BBVA's takeover bid for Sabadell, of which he has highlighted that the current premium and the Government's restrictions make the offer of the bank chaired by Carlos Torres no longer attractive for the Sabadell shareholder.
«En un movimiento sorprendente, BBVA comunicaba esta semana su intención de seguir con la OPA, situación que sorprende y que parece carecer de sentido económico en estos momentos. Es un ‘all in’ por parte del presidente de BBVA que veremos como acaba saliendo», ha resumido.
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