Balance sheet yehafu yekutanga yegore ichangobva kuvharwa uye zvakakonzera mhedzisiro yakajeka kune vese vashoma uye vepakati-varereimari vane nzvimbo dzakavhurika muhomwe. Nekuti zvirizvo, mukati memwedzi minomwe yekutanga yegore rino muyero weinosarudzwa yeSpanish index, iyo Ibex 35, yakayemurwa neisingasviki kutenderera 12%. Mune kumwe kuwirirana pamwe nekuwana kweimwe misika yemasheya yekondinendi yekare uye kunyangwe yemisika yemari kune rimwe divi reAtlantic. Mupfungwa iyi, chikamu chekutanga chegore hachina kuratidza chero dzakasiyana dzakanangana nekuenzana kune dzimwe nyika.
Ehezve, kuwedzera uku kwakashamisa vanopfuura mumwe muongorori wezvemari avo vasina kufunga kuti vanogona kusvika pamatanho aya. Kunyangwe izvo zvaakange akunda kusvika zvino zvakawira mukati mekufungidzira kwake kwegore rese. Mupfungwa iyi, zvinogona kusimbiswa kuti mhedzisiro yemusika wemasheya weSpanish yakanyatso kugutsa zvido zvevashambadzi vadiki nepakati. Iko kwakave nemitengo yakakoshesa pamusoro pevhareji yenyika. Iine inodzoka mushe pamusoro pe20% uye kuti vakapa mufaro wakanakisa kune vanoisa mari vakatora zvinzvimbo munguva ino yegore.
Chimwe chinhu chakakosha kutaura nezvacho icho chine chekuita neyekutsikisa vhoriyamu. Pasina kunyanyisa kukwirira, yakaratidza kusahadzika kwevatengesi mune ino yakakosha misika yemari. Imwe yetsananguro dzezviito izvi ndeye iyo purofiti yakaderera parizvino inopihwa nemabhangi zvigadzirwa. Iko kunochengeterwa nguva, manotsi ekuvimbisa kubhengi kana kunyange maakaundi anobhadhara zvakanyanya haapfuure matanho ari pamusoro pe0,50% Nekuda kwemutengo unodhura wemari munzvimbo yese yeeuro.
Balance yekutanga semester
Kunyangwe paine chokwadi chiri pachena shanduko yekuenzana kwenyika, haina kuregererwa kunetsana nekumwe kutya pakati pevamiriri vemari vakasiyana. Uye izvo zvakakonzera imwe-kure uye mashoma kugadzirisa ayo akashanda kusvika padanho rakakura kuitira kuti chikamu chakanaka chevashambadziri vadiki nepakati vanonoka vakwanise kupinda mumisika. Kubva pane akajairika mamiriro, kwave kune masheya ane nani kuita pane mamwe ese. Kunyanya makambani ekuvaka, mabhangi uye iro risinganzwisisike simba boka. Kunge imwe nhevedzano yemaitiro akavhara hafu yekutanga yegore munzvimbo isina kunaka.
Ibex 35 yavhara mwedzi minomwe yekutanga yegore rino nekumwe kusagadzikana kwakajairika chaizvo nguva dzezororo. Iko kune kuzorora kukuru, mune vese vatengi nevatengesi. Pakupedzisira kuva pamusuwo enzvimbo zviuru gumi nemazana matanhatu muzvikamu izvo zvakatungamirwa nekuratidzwa kwesemi-kwegore mhedzisiro yeanoverengeka emaitiro anoumba anosarudzika. Kuti ivo ndivo vanozoisa matauro mumatengo avo kubva panguva dzino chaidzo.
Kune rimwe divi, kufamba kweakakosha kwakakwidziridzwawo mune mamwe emari midziyo yekufarira kunoonekwa kune ese marudzi evashambadzi. Nekuti mukuita, mumusika wechikwereti, chinhu chakakosha ndechekuti iyo Spanish njodzi premium yave zvishoma pazasi zana hwaro poindi, pamwe nezvibereko zvemakore gumi ebhandi pa1,548%. Ipo pane izvo zvinopesana, mumusika wemari, iyo euro yakachinjaniswa ne1,1632 madhora. Zvakajairika mune chero eakaitika mamiriro anozivikanwa sedzose. Pasina kana imwe nhau yechikamu chinoshanda cheaya maitiro.
Nguva isina kushushikana
Chero zvazvingaitika, iyi mwedzi minomwe yanga isiri nzira izere nemarosi, kure nazvo. Mumwe chete anofanirwa kureva kusagadzikana kuri mumisika yemari mushure me maitiro esarudzo yakagadzirwa mune dzimwe nyika dzeEurope: France neHolland. Kukurudzira kwakakomba kugadzirisa uko kwakazogadziriswa nekuda kwemhedzisiro yekubvunzana kwakakurumbira. Kupa kukudziridzwa kutsva kumisika yeEuropean stock, uye kunyanya kune yedu equity index. Mupfungwa iyi, hapana mubvunzo kuti zvese zvave pasi pekutonga, pamwe nekukahadzika kushoma munzira.
Uye hazvigone kukanganikwa chero nguva kuti iyo inosarudzika indekisi yeSpanish equities yakakanganiswa nemasangano emakambani mubhengi chikamu. Kune iyo nguva iyo ine dzimwe nguva yekudonha neakasarudzika huturu mumisika yemari. Kwete pasina, munguva ino yegore ndipo apo iyo kunwiwa kweBanco Yakakurumbira nesangano rinotungamirwa naAna Patricia Botín. Nekugadziriswa kunonzwisisika mumitengo yemapoka akanyorwa emari. Pamusoro pezviitiko mumabhanga madiki nepakati aratidza kusagadzikana kupfuura zvakajairwa.
Kuita kwakanaka kwehupfumi
Chimwe chezvinhu zvakakosha zvekufambira mberi uku mumusika weSpanish wemari kwave kuri mune data rakanaka iro hupfumi hwakataridza mumwedzi ichangopfuura. Zvese zvine chekuita neSpain, pamwe nedzimwe nyika dzakavakidzana. Nekukura pamusoro peizvo zvinotarisirwa nechikamu chakanaka chevanoongorora zvemari. Uye kupi iyo mutual mari afunga kupinda mumisha misika. Mune zvimwe zvezviitiko zvine hunyanzvi, sezvo zvave zvichikwanisika kuongorora mune inopfuura imwechete yekutengesa chikamu. Kusvikira yakave imwe yemari midziyo ine mukurumbira mukurusa mumwedzi minomwe yekutanga yegore.
Kubva pane ino maonero akawandisa, haigone kukanganikwa neimwe nzira kuti imwe yekiyi yekusvika pakukwira uku pamusika wekuSpain wemusika mune tarisiro yakanaka kumakambani akanyorwa pamusika wemasheya. Hazvishamise kuti mhedzisiro yebhizimusi yanga iri pamusoro pezvaitarisirwa kubva kune vanoongorora zvemari. Kunyangwe mune dzimwe dzezviitiko zvine margin akakwirira kupfuura zvaitarisirwa. Ichi chakakosha chinhu chave chimwe chezvinhu zvinokonzeresa kuti mitengo yemakambani ive inokosheswa nevakatenderedza 12% panguva ino yegore.
Izvo zvakakonzerawo, uye zvine chekuita nemari dzeSpanish, iyo kumusoro kudzokororwa yekukura kwayo kwehupfumi. Kusvika pakunyatso pfuura nhanho dze3%, zvinoenderana nekufungidzira kwemasangano makuru epasirese. Kusvika padanho iro rakapa kusimudzira kune vatengi vakasarudza kutora yavo yakasarudzika chinzvimbo sevatengesi. Mune ese marudzi emasecurity, kubva kune anonyanya kutenderera kuenda kumabhengi, kusanganisira aya anobva kumatekinoroji matsva. Izvo hazvigone kukanganwika kuti mukati memwedzi iyi minomwe yekutanga nzvimbo dzevatengi dzakazvimisikidza zvakajeka pane dzevatengesi.
Kufamba kwemubatanidzwa mumusika wemasheya
Uye zvakare ese mashandiro emari akave akagadzirwa pakati penhengo dzenzvimbo dzemusika wemasheya dzinogona kuenda kusingaonekwe. Kubva zvimwe kana zvishoma zvakaziviswa kubatanidzwa kune iwo ari kuwedzera achiwanzo kutora mabhidi, ayo akazadza chikamu chekutanga chegore rino nenhau. Mune imwe nguva, pamwe nekuwongorora kwakakodzera kutaurwa, asi kune vamwe vane kusagadzikana kuri pachena kune zvido zvevashambadzi vadiki nepakati. Nekuti pakatombove nekutsakatika mune yenyika inosarudza index, senge mune inozivikanwa kesi iyo yave iri Banco Yakakurumbira. Chero zvazvingaitika, zviri pachena kuti kuenzana kwenyika kwaenderera mberi nekupa nhau kune vashandisi kubva munzira dzese dzinogona kuitika.
Kusava nechokwadi pamusoro pekuenderera kwekuenderera
Nekudaro, izvozvi kumwe kwekusahadzika kwakasimudzwa nemisika yemari ndeyekuti muhafu yepiri yegore rino zvichakwanisika here bata mutinhimira uyu kukura mumutengo wezvikamu. Nekuti zvinoita sekunge panogona kunge paine mabhureki, sezvavari kuratidzwa mumazuva ekupedzisira. Kana kunyangwe kururamisa kwehukuru hwakakura kutora mukana wekutora zororo pane chikamu chevadiki nepakati varimi. Zvirinani panguva pfupi uye usati wajekesa kumwe kusahadzika kunovapo mumisika yemari.
Chero nzira, zvinoita sezviri pachena chaizvo kuti iyo Ibex 35 yaumba kupokana kwakajeka kwazvo mu 10.600 poindi nhanho. Ichave nesarudzo kuitira kuti mukati mehafu yepiri yegore nhanho dzakakwira dziwanikwe mumutengo wekutora. Sezvo kana zvisiri nenzira iyi, iwe unogona kutopupurira shanduko yakakosha mukuitika kwema equities. Sevanoverengeka vanoongorora zvemari vakazivisa mumwedzi ichangopfuura. Ichave imwe yemapoinzi ayo achafanirwa kududzirwa kubva zvino zvichienda mberi.
Panguva ino, nzvimbo dzekutenga dzinoramba dzakasimba, asi hazvizivikanwe nechokwadi chekuti kufamba uku kucharamba kuripo kwenguva yakareba sei. Ichave, muchidimbu, ichave rimwe rematambudziko makuru auchazosangana nawo muhukama hwako nenyika inogara yakaoma yemari. Nekuti zviripo, chero chinhu chinogona kuitika mumisika yezvemari nekuti mushure mezvose isu tiri kutaura pamusoro pemusika wemasheya. Uye ichi ndicho chimwe chezvakavanzika zvacho zvikuru uye panguva imwechete zvinokurudzira. Iko kwauchazongova iwe chete uyo uchafanirwa kutora danho reizvo iwe zvaunofanira kuita mumisika yemakambani kuti iyo mari ichengetedze. Mushure mechiitiko ichi chakaunganidzwa mukati mehafu yekutanga yegore rakaomarara raunofanirwa kurarama mukudyara.