Spanish stocks - Factors to watch on Monday
MADRID, July 25 |
MADRID, July 25 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Monday. Reuters has not verified the newspaper reports and cannot vouch for their accuracy:
IBEX .IBEX
Public holiday across much of Spain, including the capital Madrid. Markets open.
BANKS
Struggling Spanish savings bank Caja Mediterraneo (CAM) has been granted the 2.8 billion euros ($4.04 billion) it needed to stay afloat after its planned merger with sector peers folded in March, the Bank of Spain said on Friday.
The central bank took control of the savings bank on Friday ahead of future privatisation.
Spain's two biggest banks Santander (SAN.MC) and BBVA (BBVA.MC) are tipped as possible buyers along with savings banks Unicaja and Ibercaja, Expansion newspaper said on Monday, citing market sources.
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