Friday, July 1

European stocks confirm the rebound. Wall Street indices open higher

European stocks continue to trade higher, although at a slower pace than the opening. At this time, the DAX rises 0.86%, over 15,369 points. The FTSE -100 advanced 0.8% to 7,255 points. The CAC-40 advanced 0.6%, over 6,914 points and the FTSE MIB is trading at 26,409 points after rising 0.8%. The Ibex35 for its part rises 1.10% and trades at 8,332 points.

Among the values ​​that increased the most were ArcelorMittal shares, which rose 3.7% – to 28.7750 euros – Grifols and Siemens Gamesa rose more than 3% while Solaria or Merlin Properties sneak into the top positions with advances of more than 2%. By the way, yesterday the board of MERLIN Properties promised to reform its governance structure, but it maintains its CEO, Ismael Clemente.

All in a session in which only two Ibex 35 stocks are trading negative. Cellnex led the way with falls of more than 1%, which brought it to 47.82 euros, while Naturgy lost 0.19%, to 26.78 euros.

Lebrikizumab, Almirall’s IL-13 cytokine inhibitor, was shown to significantly improve the severity of atopic dermatitis when combined with topical corticosteroids (TCS) in people with moderate to severe atopic dermatitis (AD) in a third pivotal trial of phase III (ADhere) announced today by Almirall SA At week 16, the study met all primary and key secondary endpoints. Almirall has the rights to develop and commercialize lebrikizumab for the treatment of dermatological indications, including AD, in Europe.

Berkeley shares rise more than 15% in the continuous market, trading at 0.1420 euros. Tecnicas REunidas and CAF rose more than 3% in the middle of the session.

OHS, a subsidiary of Otis Corporation, has entered into a contract with Eurosyns, the 11.19% shareholder of Zardoya Otis, by which it undertakes to accept the OPA for all the shares of Zardoya Otis SA formulated by OHS at a price of 7.14 euros, a price that incorporates an improvement of 0.21 euros. The company rises in the continuous market more than 1.7%, to 7.11 euros.

The Board of Directors of Prosegur Cash has approved the distribution of an ordinary interim dividend charged to the distributable profits for the current year at the rate of 0.01970 euros gross for each share. This represents a maximum total dividend of 30,002,049.66 euros and implies an implicit return on the current price of the company of 3.5%. This ordinary interim dividend will be paid in four payments of 25% of the maximum total dividend each. The first payment will be made in January 2022 and the following will be carried out in the months of April, July and October 2022.

Wall Street Indices Anticipate Bullish Session Despite WHO Warnings

Among the references of the day are the Gfk index of consumer climate in Germany, industrial sales in Italy, retail sales in the United Kingdom and consumer confidence in the Euro Zone. In the United States we will know the Redbook index of retail sales and the weekly oil reserves of the API. Shortly before the opening it was known that the GfK institute’s index of consumer confidence fell to -6.8 in January. The December data was revised downward, from -1.6 to -1.8. A Reuters poll of analysts had forecast the figure to hit -2.7 in January.

And it is that concern about the impact that this new variant of Covid -19 may have continues to grow in the heat of the measures that different economies are taking to stop its spread. In Spain, Catalonia accelerates restrictions with the closure of nightlife and provision of a curfew while the Netherlands has opted for the global confinement of its population and the closure of many non-essential services. Investors fear that these types of measures will be replicated by other countries / regions, although there is no empirical study that shows that so far they have been effective in the fight against the virus, they acknowledge in Link Securities.

In this sense, the World Health Organization (WHO) has confirmed that there is evidence that people who have been vaccinated against Covid-19 or those who were infected in the past can contract the Omicron variant, whose spread is accelerating day to day around the world. The director general of the WHO, Tedros Adhanom Ghebreyesus, said at a press conference that the information being analyzed about Ómicron indicates that this variant circulates more quickly than the previous ones and that “it is probable that those vaccinated and those who have been cured of Covid are infected or reinfected “, collects EFE.

This morning we learned that the European Medicines Agency (EMA) has given the green light to the American vaccine Novavax. The complete Novavax regimen is inoculated in two injections three weeks apart between the first and second doses. It can be stored, handled and distributed at temperatures between 1.7 and 7.8 degrees Celsius, unlike the Pfizer and Moderna vaccine.

At this time, the S&P 500 is up 0.88%, to 4,607 points. The Dow Jones rises 0.93% to 35,255 points and the Nasdaq raises its price to 15,138 points after registering advances of more than 1%.

The good tone shown this morning by the price of crude oil stands out, a variable that fell sharply yesterday, driven by the news that armed men have blocked several of the main oil-producing plants in Libya. At this time, the future of West Texas crude rises 1.38%, over $ 69.56, while Brent is trading at $ 72.38 after scoring just over 1.2%

In the cryptocurrency market, Bitcoin rises with great force. It scores more than 6% at the opening and is trading at $ 48,711 while the euro rises slightly to $ 1.1295.

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