Euribor Breaks Above 3% as Spanish Mortgage Costs Rise Further
On Friday, the Euribor benchmark surpassed the 3% level, a threshold not seen since September 2024, indicating higher borrowing costs for Spanish variable-rate mortgages.
Spain
European Index Futures Signal Potential Rebound for Spanish IBEX After Seven-Day Decline
Futures of major European indices anticipate a slight rise at the opening, which could enable the Spanish IBEX to end its seven consecutive days of declines.
Almirall’s Stock Languishes as Spanish Market Surges to Historic Peaks
Almirall is experiencing a delicate moment on the stock exchange. Although first‑half results have not shown negative surprises and analysts remain confident, the pharmaceutical group is completely missing the rally of the Spanish market that is reaching historic highs.
Banco Sabadell CFO Reduces Share Holdings as Spanish Lender Reaches Peak Valuations
The CFO of Banco Sabadell sold a portion of his holdings while the bank’s share price reached historic highs.
Short Sellers Exit eDreams Positions as Spanish Travel Company’s Rally Gains Momentum
The eDreams share price has risen roughly 40% so far this year after short sellers closed their short positions, adding credibility to the ongoing rally.
Duro Felguera Surges 26% on Mexican Project Vote and Half-Year Results
Duro Felguera led the Spanish market today with a rally of as much as 26% after releasing its half‑year accounts and revealing a strategic project in Mexico that will be decided at the September general meeting.
Digi Spain Telecom Shares Hold Steady at €5.6 After First Month of Madrid Exchange Trading
Digi Spain Telecom’s shares closed their first month of trading on the Spanish stock market unchanged, staying at the €5.6 price level at which they debuted on July 16.
AlphaValue Issues Double Downgrade on Spanish Construction Firm FCC
FCC’s share price has lagged this year, and analysts from AlphaValue warned that it could take time for the stock to recover its valuation discount, issuing a double downgrade on the Spanish company today.
PIMCO Increases Exposure to Spanish and Italian Government Bonds Amid Eurozone Stability
PIMCO announced that it is betting on Spanish and Italian Treasury bonds because of their strong liquidity and stable macroeconomic environment, reinforcing its position in European sovereign debt.
Spanish Banking Giants Dominate Eurostoxx Index as Market Hierarchy Shifts
Spanish banks have dramatically changed the Eurostoxx Banks ranking in five years. Santander and BBVA now lead the index by market capitalization, while Sabadell and Bankinter, which were at the bottom in 2021, have risen.