Luis Portillo, who is the major shareholder of Inmobiliaria Colonial, has agreed to transfer part of his stake to banks in order to repay debt.
Former Chairman Luis Portillo transferred 149.7 million shares, which account for 9.2 percent of the company, to Banco Popular, according to a regulatory filing released today. He also gave up 88.8 [...]
Repsol YPF, the owner of 25% of the Carioca oil field offshore Brazil, had a record gain in Madrid trading after the Brazilian authorities said the field is probably the largest oil discovery in the last three decades, and the third-largest ever drilled.
Repsol rose as much as 3.25 euros, or 14 percent, to 26.75euros, the [...]
Pescanova SA, Spain’s largest fish processor, gained as much as 12 percent in Madrid trading after Spanish newspaper “El País” reported that two people have recently died in the country from so-called mad cow disease. The report has been confirmed by the health ministry. This is the first victim of mad cow disease since 2005.
The shares added [...]
According to recently released data, the Spanish stock market has a total market capitalization of US$ 1.93 trillion. This places it at number 7 on the list of the world’s largest stock exchanges, which is not bad at all for a country of 45 million people.
Here is the full list of the Top 10 Stock [...]
