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Spanish stocks - Factors to watch on Friday

Published 29/04/2016, 04:11 pm
© Reuters.  Spanish stocks - Factors to watch on Friday
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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:

BANKIA BKIA.MC

Spain's state-owned lender Bankia posted on Friday a 3.3 percent fall in first quarter net profit from a year earlier as lower provisions offset pressure from low interest rates. POPULAR POP.MC

Spain's Banco Popular posted on Friday a 2.6 percent rise in first quarter net profit from a year earlier, as lower revenues were offset by less provisions for bad loans. ICAG.MC ICAG.L

IAG said on Friday Q1 operating profit was 155 million euros compared to a consensus forecast of 145 million euros. TEF.MC

Spain's Telefonica on Friday posted a 6.7 percent drop in first-quarter core profit to 3.376 billion euros , just missing forecasts as lower currencies in key overseas markets more than offset a slight business growth. FER.MC

Australian immigration detention camp operator Broadspectrum Ltd BRS.AX agreed to support a A$769 million ($586 million) bid from Spain's Ferrovial SA after Papua New Guinea vowed to shut its camp there, sending its share price soaring. REUNIDOS PQR.MC

Spanish fund Alba says buys 8 percent of leisure park Parques Reunidos in its initial public offering (IPO) for a total investment of 100 million euros. Parques is due to begin listing in Spanish markets on Friday.

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