Large investors are watching regulatory changes
The market is also paying attention to taxes and boards of directors with the 29-N elections. For now, the Stock Exchange is calm because large changes in the evolution of the Spanish market are ruled out if there is a different Government from the current one, but the stock market valuations of energy companies, banks and Socimis could be modified.
The Spanish stock market is calm ahead of the November 29 elections, as investors do not expect significant changes in the market's evolution regardless of the government. However, the valuations of energy companies, banks, and Socimis may be affected. Investment houses are analyzing the potential impact of a change in government on these sectors, with a focus on renewable energy companies such as Solaria and Acciona Energía.
A potential change in government could also lead to a review of the tax on the banking sector, which could benefit banks such as CaixaBank, Banco Sabadell, Bankinter, and Unicaja.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
