How Do You Say Stock Market in Spanish the stock market in Spanish Translation of stock-market to Spanish, stock market translate: bolsa Stocks have been resilient during this pandemic, like 100 years ago during the Spanish flu.
Tax on Financial Transactions (FTT)
Law 5/2020 of October 15th (Ley 5/2020, de 15 de Octubre, del Impuesto Sobre las Transacciones Financieras), introduces in Spain: a new indirect levy which taxes the acquisition of shares of major Spanish listed corporations, irrespective of the country of residence. The establishment of the persons or entities, including financial intermediaries, intervening in the transaction, and ”of the place where such acquisition takes place.
FTT does not fall on the transfer of all kinds of shares issued by a Spanish company, selectively limiting its application to onerous transfers of shares, where the Spanish company. Is listed in a regulated market and its market capitalization exceeds euro 1 billion.
Further to the lack of international consensus after years of discussions about a harmonized financial transactions tax at the EU level, the Spanish legislator has deemed it appropriate, with the aim of contributing to the consolidation of Spanish public finances and of reinforcing.
the fairness of the Spanish tax system, to unilaterally establish this new tax following, in favour of further coordination within Europe, the path initiated by such countries as France or Italy.
The law generally exempts certain acquisitions including those associated with primary markets, the correct functioning of markets, tax-neutral business restructurings, the observance of certain resolutions, intra-group transfers and transfers of a temporary nature.
It nevertheless imposes new obligations, in their role as taxpayers, to certain investment services companies, credit entities, market members and other market operators, including depositaries, who intervene in taxable transactions.
Spanish bailout stock market rally fizzles out
Shares in London and major European markets moved sharply higher in early trading – but the euphoria was a short-live initial surge in global stock markets on Monday after Spain’s €100bn (£81bn) banking bailout at the weekend soon fizzled out.
Shares in London and major European markets moved sharply higher when trading opened and the euro climbed to a three-week high, at $1.2643. Spain’s Ibex index initially raced ahead by more than 5% and the yield, or interest rate, on its government bonds also fell sharply, reducing the country’s cost of borrowing.
However, the euphoria was short-lived, with Spanish shares down 0.54% by the close and the Italian market down 2.79%. Spanish yields moved above 6.5% once more while Italy’s rose to 6.03%.
The pattern was the same in London, where the FTSE 100 index jumped nearly 100 points in the first minute of trading, gaining 1.8%, but closed down 2.71 points at 5432.37 as enthusiasm for the Spanish bailout subsided. Germany’s Dax bucked the trend, edging up 0.17% but France’s CAC closed down 0.29%. In the US, the Dow Jones Industrial Average was 30 points lower by the close of trading in London.
Spanish stock market falls 1.32 percent
Spanish stock market index fell 1.32 per cent on Monday to close at 9,394.20 points, down from the 9, 519.50 points of Friday.
On Monday session, ArcelorMittal shares led to falls losing 8.02 per cent, followed by Acerinox, FCC, Abengoa “B”, OHL and Sacyr that lost 6.08 per cent, 5.82 per cent, 5.25 per cent, 4.41 per cent and 3.49 per cent respectively, reported Xinhua.
Spain’s 10-year bond interest rate stood at 1.9 per cent on Monday, falling from 2.04 per cent on Friday.
Spanish retail group Cortefiel reportedly preparing stock market return
Fashion retail group Cortefiel is reportedly preparing its return on the Spanish stock market. The Madrid-based group, operating in 80 countries with nearly 2,000 stores (of which 1,200 are directly owned), has commissioned three investment banks to work on the operation, according to French financial paper L’Expansion: Morgan Stanley, Credit Suisse and Nomura. The flotation is planned for the second half of 2018.
The Cortefiel group was previously listed on the Madrid stock exchange between 1994 and 2005 when the fashion retailer was acquired by investment firms PAI Partners, CVC and Permira.
Last July, PAI Partners and CVC struck a deal with Permira to buy from the fund the stake it held of the Cortefiel group (33% of the capital). As a result, PAI Partners and CVC each hold a 50% share.
In 2016, the three investment firms decided to call off a project for Cortefiel’s stock market return, owing to the uncertainty prevailing on international financial markets, and to Spain’s precarious political situation. The group’s two current owners seem to have reconsidered and to be ready to go ahead with the operation, having restructured the group’s retail organisation and initiated several expansion projects.
The best stock market and trading blogs in Spanish for 2021
What distinguishes a good professional is how much he or she informs himself or herself every day. It doesn’t matter what sector you work in. Whether you are an architect, a doctor, a designer or in marketing, whether you read the newspaper or keep up to date with Twitter, staying up to date around what is happening is a great tool that helps us to improve.
As the saying goes, “get updated or die “; and although we are not going to be so fatalistic, we do recommend “be updated or get out of trading “.
Really, get out, because nobody is going to give you success on a plate. If you want that nice swimming pool then you’re going to have to earn it. And since you are going to work to get it, we are also going to get a big palm tree to give us shade and keep us cool in summer.
For this reason, we’re sharing the best blogs about trading and the stock market in Spanish, so that you are never short of reference sites. Here we go!
- X-Trader](https://www.x-trader.net/), in addition to being one of the best trading forums, the site has a large library of articles on trading in Spanish.
- Clases de Bolsa](https://clasesdebolsa.com/): one of the classics in the world of the online stock market in Spain. This blog stands out for the quantity and quality of its articles.
- El Club de inversión](https://www.elclubdeinversion.com/blog/) focuses on old ideas and new trends for investing money in the medium to long term.
- Jose Antonio Madrigal](https://www.joseantoniomadrigal.com/blog-jose-antonio-madrigal), one of the most respected Spanish investors. On his website you will find his books and very interesting articles.
- Roberto Guadalupe](http://rguadalupe.blogspot.com/) is a trading and investment blog, specialising in the American markets.
- El Blog de Wall Street](https://www.blog-wallstreet.com/), one of the most authentic blogs about the stock market, with its own series of videos that we highly recommend.
Settlement and Registration
Everclear has been offering its services as normal since BME activated its continuity and contingency plan in March. With regard to the most significant revenue figures, the number of instructions from stock market operations settled in Iberclear in 2020 was up by 5.84% compared to 2019, with a monthly average of 0.66 million trades.
BME Market Data saw its number of clients who receive market information from BME through information distributors increase to a new all-time high, but registered a slight decrease in the number of clients who opt for a direct connection with BME Market Data servers in order to minimize data reception and processing times.
The monthly average number of delivery points disseminating real-time information on over 60,000 equity, fixed-income, and derivative instruments and indices managed by the BME group well exceeded 90,000 in 2020.
REGIS-TR maintains its leadership position among the largest trade repositories in Europe, with more than 1,500 accounts open in 37 countries.
The derivatives trade repository continues to gain importance in the market thanks to the experience and positioning of its two shareholders, Iberclear and Clearstream, in the financial markets. REGIS-TR provides information to 46 European authorities under EMIR and 24 European authorities under SFTR through TRACE, ESMA’s common information portal, and our own.