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The companies that make up the selective index of Spanish equities, the Ibex 35, related to travel and the tourism sector (Meliá, Aena, IAG and Amadeus) have lost about 1,600 million euros of capitalization this Monday due to the definitive bankruptcy of Thomas Cook, one of the main tour operators in the United Kingdom. A piece of news that has taken many small and medium investors by surprise. To the point that some of them wanted to take advantage of the good tourist march this summer.

This is very worrying news for the tourism and travel sector because in Spain there is concern about the blow to the arrival of British tourists. With a percentage that is 15% of the total foreign visitors and in any case leading the presence in receptive tourism within our country. Therefore, it has not been surprising that Amadeus has received the greatest punishment for the impact on its reservation service, falling slightly more than 3% and being one of the companies that has depreciated the most on the Stock Market this Black Monday by the tourism sector.

Another element to take into account is the fact that the Aena airport manager alrededor del 1% se quedará en el suelo ante la amenaza de que la quiebra de Thomas Cook afecte el traffic aéreo. Exactamente este es uno de los valores que hasta ahora mantenía una clara tendencia alcista de todos, pero que puede cambiar sustancialmente su strategy de inversión a partir de ahora. Como los grupos hoteleros de nuestro país que han estado bajo una fuerte presión por las ventas de los inversores y que pueden continuar en los próximos días.

Thomas Cook surprises everyone

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However, there has been an effect that has surprised all investors. It is the fact that, while the Spanish tourism sector suffered like nobody else the effects of the unexpected bankruptcy of Thomas Cook, in the british market, the rest of the industry and tourism companies will share the market share of this operator. And therefore, the price of its shares has appreciated in the first hours of the week. A contrast that has become very visible in the equity markets.

Now, another question that assails small and medium investors is whether these falls will continue in the coming days or weeks or on the contrary they will stop now. It seems very complicated that the second of the scenarios can be developed due to the consequences they have on the Spanish companies the bankruptcy of Thomas Cook. Moreover, everything seems to indicate that they are going to expand, at least during this and next week. Even though the key is to check if it will be with the same intensity as this Monday. Being the worst sector of Spanish equities, even below financial and cyclical values.

What can investors do?

Faced with this global scenario presented by the powerful tourism sector in Spain, the best measure that small and medium investors can take is leave these values and seek safer stock markets to protect our capital in the stock market. It is an investment strategy that you can carry out in the next so that you can check the evolution of the values affected by this new business bankruptcy. With the opportunity that in the coming weeks you can buy the titles with entry prices much tighter than until now. Given the foreseeable pressure of short positions against buyers.

While on the other hand, it is also convenient to take into account from now on that these values were lagging in the conformation of their prices. In other words, they weren't at the top of the national stock markets. It is an additional pressure that goes against their interests and therefore makes them more complex to carry out operations in the short and medium term due to their special characteristics. within technical analysis. It must not be forgotten that most of them face support of some importance and on which their upward or downward trend will depend in the coming months or even years.

In the Balearic and Canary Islands


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Las zonas más afectadas por la quiebra de Thomas Cook y que ha golpeado al turismo español en Bolsa son exactamente las islas: Baleares y Canarias. Aunque por el contrario, el resto de zonas de la geografía española se han visualizado más a salvo de los posibles efectos de esta quiebra en el sector turístico. Siendo los representantes del sector hotelero los más afectados por este event. Hasta el punto de que deberán de esperar un tiempo para cobrar las deudas que estas compañías disponen con el operador Thomas Cook. Aún cuando previsiblemente no se llevarán a cabo about 100% of them, if not in a part that may be minimal.

This fact may weigh on the interests of hotel groups listed on the stock markets. With a very significant cut in its valuation in the stock market and that can give new entry guidelines, but later. Not at this time since they are considered conflicting values due to the general environment in which the tourism sector is listed at this time. You cannot forget that you have other sectors ahead with a much more suggestive technical aspect than this one. More sensitive so that you can make purchases with greater guarantees of success in trading on the Stock Market.

European space companies

How could it be otherwise, the bankruptcy of Thomas Cook has led to the emergence of new business opportunities in the financial markets. And in this sense, the great beneficiaries of this fact are the airlines that can maintain the business niches of this English operator. One of the great beneficiaries is IAG that these days it has risen in price and new comparators have entered the positions of the flagship airline. Like other companies that operate in Great Britain and that the disappearance of the old tour operator was very good for them. With the real opportunity that their shares revalue in the coming days.

On the other hand, the bankruptcy of Thomas Cook has led to a reorganization of the tourism sector and that can undoubtedly bring news for the end of the year. In spite of everything, it is not a very attractive sector to have it on the radar from now on. If not, on the contrary, it is only to perform very specific operations and always aimed at the short term. Because its price changes can be constant and deceive more than a small and medium investor. Where volatility will be one of the most relevant common denominators of any type of investment strategy.

The most affected hotels


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Another element to take into account after the announcement of the bankruptcy of Thomas Cook and its subsequent impact on the stock market by Spanish tourism is that the accounting status of some of these listed companies will be analyzed in much more detail. Specifically, those of the hotel group segment, which, after all, have been the most affected by this business bankruptcy. Exactly in a social group that is one of the most important in the country for representing around 15% of all foreign visitors. Ahead of Germans and French and this is one of the reasons why the alarm has been installed in the tourism sector of our country.

On the other hand, we cannot forget at this time that companies affected by the bankruptcy of Thomas Cook may have a downward trickle that could make it difficult for small and medium investors to operate on the stock market. Not with very violent falls, but at least with a longer stay than normal. It will be something that you yourself will have to count on from now on. Both to open and close positions in any of these securities of the Spanish tourism sector. All this, after the national equity index, the Ibex 35, closed last week with a rise of 0.50%.

The general outlook is not too rosy for potential stock trading. But in some cases they can represent real business possibilities that we should not miss at this time. Regardless of how he truly looked these days. With all the risks that this type of stock exchange entails despite the good health of tourist flows in almost the entire world. So that in the end you make the best decision of all.