The Spanish economy displays a keen commitment to market-based financing, as indicated by the Madrid Economics, Treasury and Employment Councilor, Rocío Albert’s preference for capital market financing over the Regional Liquidity Fund (FLA). There’s optimism in the Spanish hotel industry, with brands like Vignette Collection, Hotel Indigo, and Holiday Inn Express bolstering their growth. Notably, Vignette Collection Mallorca’s 45-room location managed by Hotel Collection International plans to open in the first half of 2025. Investment in Spanish property by golf tourists is also growing significantly, owning 382,755 homes in 2023. Meanwhile, Spain faces a challenge in attracting skilled labour, compared to US’s red-carpet treatment. Enterprises like the National Association of Large Distribution Companies (Anged) back the Ministry of Economy’s plan to simplify administrative procedures for businesses and promote market unity.
The Brent reaches mid-day with an increase of 0.39 %, to reach the 74.43 dollars per barrel. The gold until mid-day has had an increase of 0.51 %, quoting at 2616.2 dollars per ounce. Now, regarding equity, the EURO STOXX 50 has gained 0.45 % until mid-day, reaching 4915.49 points. The DAX 30, with a 0.51 % gained until mid-day, is reaching 18966.96 points, the FTSE 100 has been going up 0.27 % until mid-day, reaching 8349.34 points, and the EURONEXT 100 has been gaining 0.39 % until mid-day, reaching 1486.76 points.
Up until mid-day, the IBEX has got a decrease of (-0.2 %), to get to 11771.6 points. The best performers until the mid-day have been FLUIDRA (+1.995 %), ARCELORMITTAL (+1.533 %) and SACYR with an change of (+1.121 %) on its values respectively. The worst performers until the mid-day have been CELLNEX (-1.91 %), ACCIONA ENERGIA (-1.369 %) and NATURGY with a change of (-1.24 %) on its values respectively.