Inditex, Iberdrola and ACS, to overcome the electoral crossing
Antonio Castelo, analyst at iBroker, says that the most important thing for the market is that a strong government emerges from the 29-N elections.
Antonio Castelo, an analyst at iBroker, believes that the Spanish stock market will not be significantly impacted by the upcoming elections in Spain. Since 1996, the IBEX has risen in seven out of ten occasions between the announcement of elections and the voting day. Castelo identifies Inditex, Iberdrola, and ACS as three stocks that are likely to perform well during this period, citing their strong financials, diversified businesses, and international presence.
He also notes that a conservative-liberal government would be well-received by certain sectors, including Socimis, banking, and energy.
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.
