A head start in Spanish equities

Also available in Spanish, see next article.

First of all, let’s be clear. The following is not investment research/advice.?And, as such, it involves no investment recommendations. These are notes I take to keep myself current on newsflow regarding Spanish equities. I share them freely (and not just as regards price). As always, I am only trying to help. Please read the rest of the “discomplainer (*)” at the end of the article.

Stories in alphabetical order

Banks sector??(+/=) The cost of renegotiating mortgages rises 116% in twelve months (Expansion p17)

(-/=) Banks already converge with Europe in remuneration of deposits for corporates although still lag 33% for households (Cinco Dias p5)

Iberdrola?(=) Exceeds its dividend target, reaching that for 2025 and considers further rises (Expansion p4)

Investment Strategy??(-) The Ibex index falls 1.06% to 9,486, with investors taking profits (Expansion p22)

(-/=) The Government erects new shields against bargain hunters in AI and renewables (Expansion p3)

(=) The PM and minister for the economy promise to lower the unemployment rate to 8% and further protection for mortgage holders (Expansion p27)

(-/=) VAT collection falls 4% in June due to the weakness of consumption (El Economista p26)

Macro??(=) The Industrial Production Index for May shows a 0.1% YoY decline (adjusted for working days and seasonality) vs. -1.0% in April (National Statistics Institute)

*The above information has been read/understood/summarised/evaluated/copied as well as I could to provide a guide to Spanish equities (as part of a personal research project on the impact of information transparency on the market i.e. “derecho de cita”), given available timing/intellectual constraints, and I accept no liability for misreading and/or mistranslating the original copy (which I urge you to check, as I am only trying to point you in the right direction, I hope). As for what you may decide to do, after reading the above, please contact your legally approved provider of investment advice on Spanish equities. Feel free to copy (but remember to check the original first).