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Banking, Inditex and IAG boost the Ibex by 14% in 2024, despite several energy companies with double-digit falls

Banking, Inditex and IAG boost the Ibex by 14% in 2024, despite several energy companies with double-digit falls

MADRID Dec. 31 () –

The banking sector and giants such as Inditex and IAG have been the values ​​that have driven the Ibex 35 to gain close to 14% so far this year, despite the fact that several energy companies have recorded double-digit falls during the year, according to with the annual evolution of prices analyzed by Europa Press.

Although in the last weeks of the year the Ibex 35 has lost strength, during the last quarter it has exceeded 12,000 points, levels that have not been seen on the Spanish stock market since 2010.

IAG has been the stock with the best performance, with an increase of around 105%. Behind them were Banco Sabadell (+68%), driven by BBVA’s takeover bid; Unicaja (+42%), CaixaBank (+40%), Bankinter (+31%), Inditex (+27%), Mapfre (+26%) or Fluidra (+25%).

On the opposite side, Solaria has been the stock with the worst performance on the Stock Market this year, sinking 58%. Acciona Energía, also focused on the renewable business, has dropped 37% this year. Between the two is Grifols, which has fallen 41% this year after being subject to bearish attacks by the Gotham fund.

Enagás has closed the year with a decrease of 24%, while Colonial has decreased by 21%; Acciona, 19%; and Repsol, 14.61%. Within the energy sector, Naturgy’s fall of 12% also stands out, in a year marked by Taqa’s frustrated takeover bid.

Although the majority of energy companies listed on the Ibex have ended the year negatively, Iberdrola has revalued by 11%, while Endesa has gained 12% in the year.

HIGHER DIVIDENDS

The year has also been marked by the distribution of dividends. During the year, the market has increased the remuneration to its shareholders via dividends by 25%, up to 34,655 million euros. In addition, buyback programs worth 13.5 billion euros were carried out.

During 2024, the BME Growth and BME Scaleup segments have attracted 23 small and medium-sized companies from different sectors of activity. The IPOs of Puig, Inmocemento (FCC) and Cox also stand out.

Puig Brands has precisely been the only IPO this year that has joined the main index of the Spanish market. Although it has not been listed throughout the year, at the current prices compared to the one it marked when it went public, its accumulated fall in 2024 is 27%.

Outside the Ibex 35, the stock market performance of PharmaMar (+90%), Neinor (+77%), Aedas (+51%), San José (+49%), Amper (+36%) and Clínica Baviera ( +36%). Two shares affected by a takeover bid by their controlling shareholders have also registered large increases: Corporación Financiera Alba (+76%) and NH (+50%).

Among the securities that are not part of the Ibex that have recorded the worst performance are Duro Felguera (-65%), affected by its pre-bankruptcy; Soltec (-54%), Urbas (-42%), Airtificial (-32%), Gestamp (-31%) or Amrest (-30%).

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