He IBEX 35 closed on Friday with an advance of 0.35% to 6,754 points, after falling 1% at the opening for the Donald Trump positive for coronavirus, which has stressed financial markets. The happiness in the index is double, it has broken the streak of four consecutive weeks in red by advancing in the weekly calculation by 1.9%. Luckily Wall Street is not running. Indices Americans fall 1% because investors discount that this news reduces the current president's chances of staying in the White House.
Also, at 74, "Trump you are in the age and weight category that places you in the highest risk groups, when it comes to health, and the market and public discourse "will focus their attention on this issue, say the experts at RaboBank.
In Spain, negative sentiment continues due to the second wave of the pandemic and the political chaos between the central government and Madrid by the confinement of the capital and the 9 largest municipalities in the community. Although Ayuso has backed down and Madrid will not ask for the immediate suspension of the restrictions.
At the business level, ACS is the main protagonist when confirming that negotiates the sale of its Industrial Division to Vinci for 5,200 million euros. Its shares have soared 25.85 %%.
Further, Telefónica is considering reducing its stake in Telxius and making cash. An investment (it controls practically 50% of the shareholders) that is valued at more than 6,000 million euros, according to its latest report Rent 4 Bank. Thus, Telxius would be around 12,000 million, while Telefónica's capitalization is currently around 15,370 million euros.
On the other hand, Hard Felguera has proposed to SEPI that it enter its capital with 40% and Airtificial soars after launching two capital increases for 19 million.
All this in a day in which investors will be aware, economically, of the Employment Report September in the United States. He consensus anticipates the creation of 875,000 jobs, which would help close the gap in jobs lost to Covid.
"Risks may be slightly to the upside, according to this week's ADP report. However, initial strike calls made it clear once again that we are far from getting back to normal. Will it move the markets? Perhaps not so much, given that the focus is now more on the coronavirus and stimulus"says RaboBank.
On stimulus, even though Democrats have approved a $ 2.2 trillion plan in the House of Representatives, Republicans are slated to block him in the Senate, since their goal is to approve a plan of at most 1.5 trillion.
In other markets, the Brent oil falls 2.6% to $ 39, while the euro it depreciates 0.27% and changes to $ 1.1717. In addition, the profitability of the 10-year Spanish bond it drops to 0.21% and the risk premium falls to 76 points.
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