Spanish stocks - Factors to watch on Wednesday

Wed Jul 16, 2008 7:21am BST
 
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MADRID, July 16 (Reuters) - The following Spanish stocks may be affected by newspaper reports and other factors on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:

COLONIAL (COL.MC), RENTA (REN.MC), URBAS (UBS.MC)

Spanish property stocks fell on Tuesday as Martinsa Fadesa's (MFAD.MC) administration filing revived concerns about a sharp downturn in the sector.

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Industry Minister Miguel Sebastian was quoted in Spanish media on Wednesday as saying: "It is a good moment for the government to buy land for public use."

SOL MELIA (SOL.MC)

Hotel operator Sol Melia on Tuesday said it had obtained a loan for 200 million euros ($319.1 million) at five years from a syndicate of 14 banks to refinance debt.  Continued...

 

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