European shares tread water as UK election, Spanish banks in focus [Reuters]
Banco Bilbao Vizcaya Argentaria S.A. (BBVA)
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Source: Reuters
European shares tread water as UK election, Spanish banks in focusLONDON European equities drifted along in early deals on Wednesday as investors shied away from riskier assets a day ahead of voting in the UK's general election, while Spanish lenders were also in focus.The pan-European STOXX 600 index was flat in percentage terms, while Britain's FTSE 100.FTSE index advanced 0.2 percent and Germany's DAX.GDAXIdeclined 0.2 percent.Spanish banks helped the IBEX.IBEX shake off an early fall to gain 0.2 percent, after Santander (SAN.MC) said it would buy struggling peer Banco Popular (POP.MC) and carry out a capital increase of around 7 billion euros ($7.9 billion).Shares in Santander reversed course to trade 0.3 percent higher, while Banco Popular's shares were suspended. Peers BBVA (BBVA.MC) and Caixabank (CABK.MC) also advanced.Covestro (1COV.DE) dropped nearly 5 percent after Bayer (BAYGn.DE) cut its stake further in the plastics maker to 44.8 percent from 53.3 percent.On the positive
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BBVA
Earnings
- 7/31/23 - Beat
BBVA
Analyst Actions
- 3/25/24 - Barclays PLC
BBVA
Sec Filings
- 4/10/24 - Form 6-K
- 4/2/24 - Form 6-K
- 3/27/24 - Form 6-K
- BBVA's page on the SEC website