Fluidra, IAG, Prosegur Seguridad: Iberian Equity Market Preview

The following companies may have unusual price changes in Spanish trading. Stock symbols are in parentheses and share prices are from the previous close.

Spain’s IBEX 35 Index (IBEX) rose 2.7 percent to 8,704.80. Portugal’s PSI-20 Index (PSI20) rose 1.5 percent to 5,858.46.

Fluidra SA (FDR) : The Spanish maker of swimming pools trades for the first time without the right to collect a gross dividend of 7.2 euro cents. The shares jumped 3.9 percent to 2.43 euros.

International Consolidated Airlines Group SA (IAG SM): The airline announced plans to transfer planes to lower-cost unit in a bid to boost margins on short- and medium-haul flights. The shares rose 1 percent to 1.82 euros.

Prosegur Compania de Seguridad SA (PSG SM): The security company said it would pay a second dividend of 21.29 euro cents per share on Oct. 17. The shares rose 2.5 percent to 32.34 euros.

To contact the reporter on this story: Charles Penty in Madrid at cpenty@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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