IAG’s stock has remained confined to a strong support zone between €4.85 and €4.95 during the summer, indicating a solid price floor after the pre‑pandemic highs.
Acciona’s stock price dropped 28% in the last two months from its peak at the end of June, indicating the shares are now in support but heavily oversold.
Aena’s stock keeps hitting the important resistance area between €27.60 and €27.80, limiting further upside for the airport operator’s shares.
In a Q&A session, Norwealth Capital’s Alberto Loza provided recommendations on the most promising investment funds for Spanish investors, suggesting three core funds to hold and highlighting those with the greatest growth potential.
Pimco, the world’s largest fixed‑income manager and an Allianz subsidiary, said that investors are not being adequately compensated for the risk of increasingly popular complex structured products such as collateralized fund obligations, likening them to subprime instruments.
The Spanish Treasury announced that it will conduct an auction of three- and nine‑month Letras on Tuesday, at a time when the benchmark 10‑year Spanish government bond yield is near 3.8%, the highest level since the end of 2023.
Spanish bonds have withstood the turbulence experienced this week in the international debt market, with the yield on the 10-year national securities increasing only four basis points to 3.77%.
BME’s board of directors appointed Alicia Reyes Revuelta as a new independent director after receiving authorization from the Spanish securities regulator CNMV.
Arquia Banca’s experts provided guidance on which investment funds are expected to deliver the best returns as the new school year begins, suggesting three specific funds for investors to consider.
Morgan Stanley’s latest valuations suggest a possible correction in the Spanish banking sector, with the most domestic IBEX bank facing a potential swing from +5% to -21% in its stock price. The banks analyzed were CaixaBank, Sabadell, Bankinter and Unicaja.