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Spanish stocks - Factors to watch on Wednesday

Wed Jul 9, 2008 12:04pm IST
 
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MADRID, July 9 (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:

IBERDROLA (IBE.MC: Quote, Profile, Research), GAS NATURAL (GAS.MC: Quote, Profile, Research), REPSOL (REP.MC: Quote, Profile, Research)

Spanish utility Iberdrola reiterated on Tuesday that it is not talking to Gas Natural (GAS.MC: Quote, Profile, Research) or any other company about mergers or acquisitions.

It released a statement after recent fluctuations in the stock's price. For more, click on [nL087374]

PROPERTY

House prices in Spain will fall up to 30 percent in real terms within three years and the property sector faces at least two years of recession, the head of one of Spain's biggest real estate firms, Colonial (COL.MC: Quote, Profile, Research), said on Tuesday.

For more, click on [nL0857660]  Continued...

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