One of the sectors that have most analyzed the general election results Last Sunday was undoubtedly in that of investors in the equity markets. With the main objective of developing an investment strategy from which they can make their savings bag profitable from now on. For this reason, the different government compositions that can occur from this moment are being analyzed, and where of course it is not ruled out that there may be a new situation of political blockade.
In any case, from the national park the option that this time the PSOE reaches an agreement is taken into account with United We Can, with the PNV and with Más Madrid, also needing ERC to reach a government program or just investiture. For now, the reaction of the Ibex 35 this Monday has been completely neutral, leaving an insignificant 0,06%, in line with other places on the old continent. That is, the electoral results have not traded either up or down.
In any case, no one in the equity market doubts that some sectors will benefit more than others (and vice versa) in the event of an agreement between the country's left-wing parties. It will be very interesting to meet him to plan some other investment strategy from now on to improve positions in the stock market. above the general average. When creating a portfolio, there will be no other solution than to look at these stock market bets that can make us earn more money (or lose it) in the coming months.
Beneficiaries: renewables
If there is a winner in this scenario that we propose, it is undoubtedly that of renewable energies as it is an aspiration of these parties to apply this very special energy. If this were the case, we would have a couple of securities to take positions in a fast and balanced way. As for example with the listed companies Siemens Gamesa and Solaria. Of course, they will be a winning bet for these moments, with many options of their prices they can be profitable and maybe even with a certain intensity since they are very volatile values and therefore rise very strongly.
Another member of this winning list would be the powerful pharmaceutical sector. This would be due to the fact that the scenario of the suppression of the copayment in medicines for a series of social segments could occur, and this would have repercussions in higher profit margins of the companies in the sector. With companies as relevant as they are at the moment Faes Farma and Almirall. But with greater possibilities of obtaining benefits in stock market operations if at the end of this process there is a left-wing government in Spain.
Construction companies to a lesser extent
Another sector that could benefit from this equation to form a government in Spain is construction, although to a lesser extent than the previous ones. Because the parties on the left tend to favor some of the infrastructure works in the country. And that represents new business opportunities for some of its representatives in the continuous national market. As for example, in the specific cases of OHL, ACS, Ferrovial or FCC that could have a revaluation of their prices during this legislative period.
While on the other hand, they are also prone to carry out reforms in a good part of the services of the national public networks. And that important contracts may be made with some of these companies in the sector. In any case, a priori, they do not have to fear negative consequences that will affect the equity markets. Being one of the basic sectors of the Spanish economy and in the worst case scenario it would maintain a neutral position with regard to its behavior in the financial markets beyond its conjunctural positioning as of now.
The hardest hit companies
On the contrary, there are a number of stocks that would be seriously harmed in your business interests. Of course, one of these sectors is banking, especially Bankia. Since the Unidos Podemos program contemplates that it is a publicly owned and non-private entity and in fact it is one of the values that is falling the most in the equity markets in today's session, leaving around 2 % of your valuation. Followed by Banco Sabadell, which depreciates by 1,50%.
On the other hand, it cannot be forgotten that this sector may be penalized in the coming months by changes in the financial transaction tax (Tobin Tax), which also affects brokers and investors. It is a new tax that would basically be applied on the earnings of each bank and therefore could also have an impact on the results of credit institutions. With a lower profit that would be welcomed by financial agents and investors themselves. To the point that their positions in the stock market could be affected by the appearance of a selling pressure on the comparator.
The electricians in a situation to correct
The electricity companies could not do well in this new political scenario, and in this case in particular for different reasons. It is one of the sectors most sensitive to their rates being lowered. But it is possible to go further, since if some of the programs of the left-wing parties are fulfilled, there is no doubt that they would be obliged to offer the electricity and gas service to people and families who have a low income or way of income. With which it could have a clear reflection in their positions in the national equity markets.
Within a sectorial context, where these companies have reached historical highs in recent months and some of them are immersed in the figure of the pound rise. One of the best in technical analysis since they do not have resistance ahead, but that could be blurred from now on for the reasons stated above. In addition, it is fair to point out that this sector is already showing the first signs of fatigue after the previous rises. In this sense, some values such as Iberdrola, Red Eléctrica de España and Endesa they could be some of the worst unemployed in the selective index of Spanish income.
Energetic would also come off badly
Things can not go much better for the energy companies of our country, and within them also for the oil companies. Because in the end the diesel tax in order to match it with gasoline. From this point of view, it is certain that Repsol would be one of the listed companies most affected by this tax measure and that it would see its upward projections diminished from now on. With less interest on the part of small and medium investors to enter their positions in the legislature, which will begin if the government program with the parties of the left is fulfilled.
While on the other hand, within this sector it should be noted that the proposals are clearly a minority and all eyes are focused precisely on Repsol. Company that on the other hand has been increasing its dividend for a few years to leave it at a level very close to 7%. One of the highest within the Ibex 35, being one of the incentives for investors to enter their positions to capture this liquidity that can benefit them in the real state of their savings account.
Sectors that are neutral
There are other segments in the stock market that remain in balance with the formation of this government. They do not trade for good or bad and one of them is the one in which the food or food distribution companies are represented. They will see how their expectations continue exactly the same as until now. Like the steel companies, since their prices are governed by other different parameters and in this sense they have nothing to do with the new coalition government that can be formed in our country.
Another sector that would be neutral is that linked to tourism, which would not be affected by the new measures of the national executive. Except for some regulations in the tourist communities with the highest demand in the number of tourists. But in principle, it could be afloat of any kind of repercussions in the equity markets. Beyond their own lines of business and that is what can promote the evolution of their actions, in one sense or another. And that can mark the luck of investors.