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

ACS??(=) Vinci overtakes ACS to lead the ranking of international construction sales after the acquisition of Cobra (Expansion p3)

BBVA??(+/=) Turkey raises rates to 25% and Garanti BBVA sees its share price rise 10% (Expansion p10)

Investment Strategy?(=) The Ibex index rises 0.10% to 9,324 but collides with 9,400 (Expansion p12)

(=) Spain is the large European economy with the highest growth in local ownership of sovereign bonds (Cinco Dias p17)

Macro?(=) A record c.6000,000 workers have more than one job in Spain (Expansion p19)

(-/=) Fossil fuel prices rise sharply and boost inflation (Expansion p17)

(-/=) Large consumer product companies expect a decline in sales (Expansion p17)

(=) Foreigners cover eight out of ten new jobs in hostelry this summer (Cinco Dias p22)

Unicaja??(=) Hires EY to order its property portfolio for purposes of its sale (Expansion p9)

*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).