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 president of the EBA warns banks about the challenges of higher rates (Cinco Dias p11)

Hotels?(+/=) Hotel night stays rose 5.8% YoY in September with ADR up 7.95% and RevPAR up 11.88% (National Statistics Institute)

Iberdrola? (=) Sells 49% of its East Anglia 3 offshore wind project in the UK to Masdar (Cinco Dias p3)

Investment Strategy?(-) The Ibex index falls 0.37% to 8,995 points, the lowest since March (Expansion p18)

(-/=) The Socialists and Sumar sign an agreement on the formation of a government on the basis of a reduction in the working week and tax reform (El Confidencial)

?(-/=) Public pensions need an extra €14bn in 2025 to be sustainable (El Economista p25)

Macro?(-/=) Employers see weak economic growth in 2024 with no employment creation (Expansion pp22)

Santander??(=) Chairman Ana Botin says that the main competitor to the bank will be Apple (Expansion p23)

*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).