Geopolitics Alpha

Battle lines redrawn in Spain’s snap election after latest train disaster

Published . Updated .

GEOPOLITICS ALPHABattle lines redrawn in Spain’ssnap election after latest traindisasterGEOPOLITICS ALPHA

Next month’s poll no longer the contest it was, as Pedro Sánchez finds himself forced to defend government’s safety record One of the most dependable cliches of contemporary Spanish politics is that it never pays to bet against Pedro Sánchez . Time and time again – as leader of the Spanish Socialist Workers’ party (PSOE) and as prime minister – Sánchez has shown an almost preternatural ability to profit from adversity, and to confound expectations and wrongfoot his opponents. But next month’s snap general election , called by Sánchez after rightwing and far-right parties voted down the housing reforms his coalition government had announced in response to angry protests , may suddenly not be the contest it once was. Continue reading...

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLRE Real Estate Select Sector SPDR+1.3% 30d

    Real Estate Select Sector SPDR: it holds property and homebuilding stocks. Linked by “housing” (real estate) in this story.

  • XHB SPDR S&P Homebuilders ETF+4.2% 30d

    SPDR S&P Homebuilders ETF: it holds property and homebuilding stocks. Linked by “housing” (real estate) in this story.

  • EWP iShares MSCI Spain ETF-4.6% 10d

    iShares MSCI Spain ETF holds stocks listed in Spain, which this story is about (“spain”).

  • PLD Prologis-5.8% 30d

    Prologis (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “housing” (real estate) in this story.

  • DHI D.R. Horton+4.1% 30d

    D.R. Horton (operative builders): housing and property firms move with mortgage rates and demand. Linked by “housing” (real estate) in this story.

  • LEN Lennar+8.5% 30d

    Lennar (general bldg contractors - residential bldgs): housing and property firms move with mortgage rates and demand. Linked by “housing” (real estate) in this story.

  • WELL Welltower+0.8% 30d

    Welltower (real estate investment trusts): housing and property firms move with mortgage rates and demand. Linked by “housing” (real estate) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLRE-1.11%-1.43%base+0.24%+1.36%after closeafter close
XHB-2.87%-2.09%base-0.26%+3.24%after closeafter close
EWP+0.84%+1.13%base-1.45%+0.17%after closeafter close
PLD-1.28%-1.21%base+0.00%+1.29%after closeafter close
DHI+0.66%+0.37%base-0.31%+4.41%after closeafter close
LEN-0.64%-1.06%base+1.70%+6.51%after closeafter close
WELL+1.78%-2.51%base+0.66%+2.51%after closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

Next month’s poll no longer the contest it was, as Pedro Sánchez finds himself forced to defend government’s safety record One of the most dependable cliches of contemporary Spanish politics is that it never pays to bet against Pedro Sánch…

Source: The Guardian

This story

CompanyWhenMoveStatus
DHIthat day-0.31%final price
DHIthe next day+4.41%final price
DHIthree days earlier+0.37%final price
DHIfive days earlier+0.66%final price
EWPthat day-1.45%final price
EWPthe next day+0.17%final price
EWPthree days earlier+1.13%final price
EWPfive days earlier+0.84%final price
LENthat day+1.70%final price
LENthe next day+6.51%final price
LENthree days earlier-1.06%final price
LENfive days earlier-0.64%final price
PLDthat day0.00%final price
PLDthe next day+1.29%final price
PLDthree days earlier-1.21%final price
PLDfive days earlier-1.28%final price
WELLthat day+0.66%final price
WELLthe next day+2.51%final price
WELLthree days earlier-2.51%final price
WELLfive days earlier+1.78%final price
XHBthat day-0.26%final price
XHBthe next day+3.24%final price
XHBthree days earlier-2.09%final price
XHBfive days earlier-2.87%final price
XLREthat day+0.24%final price
XLREthe next day+1.36%final price
XLREthree days earlier-1.43%final price
XLREfive days earlier-1.11%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“Battle lines redrawn in Spain’s snap election after latest train disaster” scores 12 out of 100. The score uses 1 sources.