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Madrid shares market data at 10.15 am; Telefonica off, banks up on broker notes


Published :
Wed, 17 Jan 2007 12:21
By : Agencies
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MADRID (AFX) - Market data at 10.15 am:

IBEX-35 Index up 10.4 points at 14,369.1

Major gainers:

-The broad banking sector, amid its full-year earnings season and after a slew of positive broker notes this morning. Banco Popular put on 0.07 to 14.88 and Bankinter was up 0.10 at 60.35, while Banesto put on 0.10 to 17.89. BBVA was up 0.04 at 18.99 and SCH rose 0.04 to 14.24.

-Indra, up 0.34 at 19.55.

-Cintra, up 0.14 at 12.57.

-Gamesa, up 0.23 at 21.20, ahead of further news on the draft regulations for renewable energy activities.

-Endesa, up 0.12 at 37.47, extending yesterday's gains as all the legal hurdles to the bid situation surrounding the utility have now been lifted.

Major losers:

-Telefonica, down 0.11 at 16.74, as a downbeat note from UBS on the telecoms group weighed more heavily than JP Morgan's more favourable outlook.

-Repsol YFP, off 0.26 at 24.69.

-Acciona, down 0.60 at 146.15, on profit-taking after yesterday's gains on news that the Endesa bid situation is live again.

-Acerinox, off 0.13 at 20.27, on profit-taking after recent rises.

afxmadrid@afxnews.com

jdy/ccs/cml

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