The FTSE closed at 12,389.5 points, thanks to the strength of the electrical. It is rumored that one could offer up to 35 euros for Endesa. I personally like a bit silly. Another
stupidity is seeing Metrovacesa to 96 euros, but there is a simple explanation. The two takeover bids covered the 46% of the company, a percentage similar to float the company. What happened? Well, everyone has sold and is no role in the market. Someone has decided to buy up the value to 18 euros in 2 days.
My recommendation is to sell if someone is being Metrovacesa shares. Recommendations
purchase: REPSOL, and that eventually the price of oil is rising.
the moment I stop doing stock analysis until something interesting happens.
In general I think the bag is very high and that to enter you must be very selective. At the end of the year, we can see even IBEX at higher levels than today's, but the risk involved makes it not worthwhile.
We are close to 12,800 who are the highs of the last 6 years. And while it is true that the situation is not the same (6 years ago the PER was 23 years and is now 13 years) the vertical rise of the last 3 years suggests that equities have to take a breath.
0 comments:
Post a Comment