The following Spanish stocks may be affected by newspaper reports and other factors on Friday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:
Spanish builder OHL has won a 25-year contract to design, build and run a highway in Colombia with an investment of 837 million euros, the company said on its web page.
A consortium, including Spanish builder Acciona, has been chosen as preferred bidder to extend Sydney’s South East Light Rail through an estimated investment of over 1.11 billion euros.
Cementos Portland, controlled by Spanish builder FCC, has began talks with Blackstone’s debt agency GSO to refinance debt of some 350 million euros held by its U.S. affiliate Giant, Expansion reported, without citing sources.
The Spanish nationalised lender said on Thursday it had sold a loan portfolio worth 772 million euros ($976.4 million), almost all of which was comprised of non-performing loans.
Separately, the bank lost an estimated 1.7 billion euros due to 11 irregular operations, mostly committed by Bancaja before the merger, Expansion reported, citing legal documents.
Bankia on Friday reported a 93-percent surge in net profit in the nine months to Sept. 30 from a year ago, boosted by cost-cutting, capital gains from stake sales and lower provisions as bad loans came down.
Spanish lender Caixabank on Friday posted a 1.6 percent rise in nine-month net profit from a year ago, at 466 million euros, just missing a 474 million euros forecast in a Reuters poll of six analysts.
For today’s European market outlook double click on.
For real-time moves on the Spanish blue-chip index IBEX please double click on
For IBEX constituent stocks highlight .IBEX in the command box and press the F3 button on your keyboard
For latest news on Spanish stock moves double click
For Spanish language market report double click on
For latest Eurostocks report please double click on