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entrepreneur-696969_1280-8020968

Many investors may not be aware that certain securities are appearing in the equity markets for them to be traded. It consists of practically unknown stock market proposals, but that can be used to make operations profitable, even when with a risk that the values already established in the continuous market lack. Every year more than ten companies of these characteristics arise and that in general are integrated into the so-called Alternative stock market (MAB). They are traded with a very low capitalization and can lead you to broaden the radar of your operations in the stock market.

It is a company that searches the financial markets for its means to obtaining financing para llevar a término sus líneas de negocio. De todos modos, no son compañías muy reconocidas, inclusive para pequeños y medianos inversores y esto dificulta que el volumen de negociación be lo suficientemente grande como para tenerlo en cuenta de ahora en más. No en vano, son muy pocos los títulos que se intercambian mano a mano en las sesiones bursátiles. Este factor hace que la volatilidad en la conformación de sus precios sea verdaderamente extrema.

On the other hand, it can be seen that the differences between their maximum and minimum prices they are very relevant. And in any case, above what the leading values of national equities show. With very few titles, prices can be carried in one direction or another and in this state it can be said that they are values much more manipulable by the strong hands of the financial markets. Therefore, there is no doubt that the risks are more latent and special care must be taken when investing these financial assets. Beyond other technical considerations and also from the point of view of their arguments.

Values in the MAB


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A good part of these appearances in the equity markets have a place in the Alternative Stock Market, better known as MAB. It is where the values of lower capitalization and in any case it refers to very small companies that want to finance themselves in the financial markets. Their names will be new to you and even to the most experienced investors in the financial markets. This is because they have been in this situation for a very short time. In other words, they are listed on alternative equity markets and, therefore, are not well known among the various financial agents. But on the contraty.

On the other hand, they are characterized by crosses in their prices they are not as high as in the more conventional values. They have some cuts during the trading session in which their prices are set. This in practice means that it is more difficult to operate with them from any point of view. This is another of the inconveniences that you must face with these special actions. A substantial difference that will have to be taken into account.

New values: Almagro Capital

The MAB Board of Directors has approved the constitution of the company Almagro Capital Socimi after analyzing the information presented by the company and once the Evaluation report favorable from the Coordination and Incorporations Committee. The start of the company's negotiation took place on January 16. The company's commercial code will be “YAC1”. Renta 4 Corporate, SA is the Registered Advisor of the company and Renta 4 Banco, SA will act as Liquidity Provider.

The company's board of directors has established a reference value por cada una de sus acciones de 1,07 euros, lo que representa un valor total de la empresa de 10 millones de euros. Sea cual sea el caso, consiste en un valor de pequeña capitalización que conlleva operaciones riesgosas, al menos por el momento debido a que no tiene antecedentes históricos en los que hacer una comparación fiable. Asimismo, no cuenta con un precio target que lo tome como fuente de referencia para sus operaciones en los mercados de renta variable.

Euripo starts trading

The MAB board of directors has also approved the constitution of the company Euripo Properties Socimi after analyzing the information presented by the company and once the favorable evaluation report of the coordination and incorporation committee has been issued. The beginning of the negotiation of the company has taken place in the first days of the new year.

On the other hand, the commercial code of the company will be “YEPS”, and its contracting will be done through the price system. "Fixation". Renta 4 Corporate is the registered advisor and Renta 4 Banco will act as liquidity provider. The company's board of directors has set a reference value for each of its shares of 22 euros, which represents a total value of the company of 110 million euros.

More additions to the MAB

The MAB board of directors has approved the incorporation of Rent and Living into the market after analyzing the information presented by the company and once the favorable evaluation report of the company has been obtained. coordination and incorporations. The beginning of the negotiation took place in the last days of last year. With these additions, the number of Socimis admitted to trading on the MAB in 2018 amounts to 20, adding up to 64 companies. With the 5 listed companies, the total number of Socimis amounts to 69.

The lease negotiation code will be "YARP"; and that of Vivenio, «YVIV». The contracting of both companies will be carried out through the "fixation" pricing system. On the other hand, Renta 4 Corporate is the registered advisor and Renta 4 Banco acts as liquidity provider in the two cases mentioned. Although on the contrary, the reference value of each of the Arrienda shares was set at 2.74 euros, which places the company's valuation at 56.4 million euros. On the other hand, Vivenio established the value per share at 1.15 euros, which represents a total valuation of 329.4 million euros.

Relations with financial assets


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The Spanish Stock Exchange traded 587,479 million euros in equities in 2018 after registering 38,768 million euros in December, 5.4% less than in November and 18.7% less than the same month of the previous year. The number of negotiations for the month was 3.1 million, 15.8% less than the previous month and 5.7% less than in December 2017. In the Warrants and Certificates segment, 41.3 million euros were traded in December 2018, 16.9% less than the previous month and 44.6% more than in December 2017. The number of trades stood at 7,059, 11.5% less than in November and 12.4% more than in the same month of last year. The number of issues admitted to trading in December amounted to 5,173, 9% less than the previous year.

In the Stock Exchange Traded Funds (ETF) segment, 181.4 million euros were traded, 22.7% less than the previous month and 39.4% less than the same month of the previous year. The number of negotiations was 6,628, 42.8% more than in November and 12.1% more than in the same month of the previous year. The market for Financial derivatives laid off in 2018 with a nominal volume traded of 683,243 million euros. Trading increased by 1.2% in the IBEX 35 Futures segment for the year as a whole, while Options on the index lost 2.8%, after improving by 16.6% in the last month of the year. year.

Derivatives contracts


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The negotiation of derivative contracts related to hedging the risk of dividends registered an increase of 63.1% in the Future at the IBEX Dividend impact. Stock Options increased their price in the month by 94.1% (+ 36.2% compared to the same month of 2017), and closed the year in line with 2017. The open position of the BME Financial Derivatives markets closed December one 2.3% above the level of the previous month. The alternatives on the IBEX 35 increased their open position by 13.8% and the alternatives on shares by 4.3%.

As to fixed rent, the volume traded in the year was 200,757 million euros, 45.1% more than the previous year. The contracting in December increased 38.4% compared to the same period of the previous year due to the contracting of national and international Public Debt assets.

Good performance of MARF

The amount of new problems Listed on the MARF in December reached 671 million euros, which represents an increase of 226% compared to the same period in 2017. The accumulated volume at the end of 2018 was 6,357 million euros, after growing by 60.1% in the year . The volume in circulation in circulation in this market reached 3,320 million euros, which represents an annual growth of 46.9%.

The negotiation of derivative contracts related to hedging the risk of dividends registered an increase of 63.1% in the Future at the IBEX Dividend impact. Stock Options increased their price in the month by 94.1% (+ 36.2% compared to the same month of 2017), and closed the year in line with 2017. The open position of BME's Financial Derivatives markets closed on 2 , December 3% above the level of the previous month. The alternatives on the IBEX 35 increased their open position by 13.8% and the alternatives on shares by 4.3%.