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

Banco Sabadell/Unicaja???(=) Sabadell in the lead to potentially buy Unicaja with the support of the ECB, Mayoral and Olivo (OK Diario)

Banks sector??(=) Online banks capture 22% more deposits (share 4.62%) in the rising rate environment (El Economista p5)

IAG?(-/=) Iberia loses the handling contract in large airports and threatens to appeal (Expansion p8)

Investment Strategy?(=) The Ibex index falls 0.2% to 9,366, with the government bond market still having a negative impact on equities (Expansion p21)

(=) The head of the opposition PP shows up PM Sanchez in his investiture speech as capable of doing anything to government, stating that he “has principles” (Expansion p30)

(=) The head of the opposition PP considers a programme of tax cuts and aid worth €13.7bn (Expansion p32)

(-/=) The average retirement pension already rises seven points more than inflation (Expansion p36)

OHLA?(=) Negotiates the sale of its facility management subsidiary (2022 EBITDA €11.5m) to Portobello (Expansion p12)

Santander?(+/=) Raises its dividend by 39% and names new coordinating board member (Expansion p17)

Telefonica? (=) The Government considers setting conditions to the entry of Saudi Telecom into the shareholding of Telefonica (Expansion p4)

(=) Telefonica opposes the 5G auction in Argentina and threatens to not participate (Expansion p4)

*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).