A head start in Spanish equities (14/3/25) FER Defence spending Regional financing NTGY IDR MDF Utilities TEF BBVA SAB SAN Wages ITX Ibex
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Stories ranked by order of importance
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Ferrovial?? (+/=) Buys 5% of the ETR 407 motorway in Canada for €1.33bn from AtkinsRealis, raising its stake to 48.29% and making it the largest shareholder (Expansion p10)
Defence spending? (-/=) One third of the budget contingency fund is allocated each year to Defence spending (Expansion p25)
(-/=) The PM does not clarify if the rise in defence spending will be voted on in Parliament (Expansion p26)
Regional financing??(+/-) The housing boom increases by 55% the tax collection by the regions since Covid (El Economista p24)
Naturgy? (=) Naturgy considers the scenario in which large shareholders do not sell shares in the Naturgy bid for its own shares (Cinco Dias p4)
Indra/Duro Felguera? (=) Indra buys from Duro Felguera its armoured vehicle plant (Expansion p4)
Utilities?? (+/-) The Government commits to cutting the price of electricity for large industry by 5% (El Economista p8)
Telefonica (=) Sells the Colombian subsidiary for €332m (Expansion p6)
BBVA/Sabadell?? (=) The chairman of BBVA calls for shareholders to be the ones deciding on the bids taking place in Europe (Expansion p17)
FCC??? (=) Will participate in the construction of the VW factory in Sagunto with work estimated at €200m (Expansion p9)
Santander (=) Has financing needs of up to €40.5bn ion 2025 (Expansion p15)
Wages??? (-/=) Each worker loses €1,400 of purchasing power in the “Sanchez era” (Expansion p29)
Inditex?(=) Inditex boosts its dividend by 80% since the arrival of the current top management team (Expansion p3)
Ibex? (+) The Ibex index rises 0.14% to 12,821, with signs of a correction in Wall Street (Expansion p20)
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