Santander, ACS and Iberdrola: soaring in the 'Trump era'
Six Ibex 35 stocks with high exposure to the United States are trading calmly with Donald Trump as President of the United States.
Several major Spanish companies listed on the Ibex 35, including Banco Santander, ACS, Iberdrola, Acerinox, Ferrovial, and Grifols, have seen significant stock increases since Donald Trump became President of the United States on January 20 last year. These companies, which generate at least 20% of their revenue in the US, have benefited from the strengthening of the dollar against the euro and have largely weathered market volatility caused by Trump's policies.
Banco Santander has made significant investments in the US, including the $12.2 billion purchase of Webster Bank, while ACS's US subsidiaries Turner Construction and Flatiron have seen record growth. Iberdrola's US projects, including wind farms and grid development, account for 25-30% of its revenue.
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.
