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??(=) Spanish and Italian banks are the most profitable in Europe due to the rise in rates (Cinco Dias p3)

Cellnex Telecom??(=) Sells its private network business and lowers debt (Expansion Sat p6)

CIE Automotive??(=) Will buy automotive component firms in the emerging markets of Asia and America (Cinco Dias p4)

Elecnor????(=) The Chinese CTG and the Norwegian Statkraft compete to buy Elecnor’s renewable subsidiary Enerfin, valued at c.€1.5bn (Expansion p7)

Investment Strategy?(=) The Ibex index falls 0.36% to 9,371, completing two weeks of rises (Expansion Sat p23)

(=) 9m23 net profit for Ibex companies rises 2% to €43.433bn on revenues of €420.418bn -1.9% and EBITDA of €62.955bn -6.7%, due to the banks and tourism stocks (Expansion Sat p3)

(=) Spain is third ranked in the EU by tax punishment of corporates (El Economista p23)

Utilities & Ren sector?(=) The avalanche of renewable capacity in Spain collapses the electricity system (Expansion p6)

*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).