The quarterly assessment of the Eco10, the Spanish inventory market index that it produces the Economist, once more bypasses sectors with recurring earnings ensures, resembling electrical energy.
As a substitute, know-how is gaining weight as soon as once more, regardless of the ups and downs it has suffered in 2019. Removed from being an arbitrary choice, the Eco10 may be very selective with values of this sort. The return of a standard actor like Telefónica waited for the firm to take such a optimistic step as asserting that it’s going to focus the exercise in its giant markets.
In parallel, the new telecos, primarily based on extra specialised and fewer unstable companies, retain their presence, by corporations resembling Cellnex. On this foundation, the Eco10 is ready to proceed beating the Ibex 35, its reference.