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Spanish Stocks - Factors To Watch On Monday

Source: Reuters - Mon 17th Jan 2011

The following Spanish stocks may be affected by newspaper reports and other factors on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy:

TELECINCO & ANTENA 3

Credit Suisse has cut Gestevision Telecinco and Antena 3 de Television to neutral from outperform on a more cautious view of the Spanish TV advertising market in 2011 and 2012.

SAVINGS BANKS

Spain's savings banks must boost their capital to gain market confidence, the Economy Secretary said, after concerns over their exposure to the property sector helped inflate the cost of issuing sovereign bonds this week.

Prime Minister Jose Luis Rodriguez Zapatero told the Financial Times he planned a second round of restructuring for the savings banks, in an interview published on Saturday.

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