Banco Commerical, Codere and Sonae: Iberian Stock Market Preview

April 18 (Bloomberg) -- 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 fell 0.6 percent to 10,558.60. Portugal’s PSI-20 Index fell 0.4 percent to 7,727.48

Spanish stocks:

Codere SA (CDR SM): The Spanish casino operator with businesses in Spain and Latin America is studying plans to list shares of the company in Brazil, Mexico or the U.S., Expansion reported, citing Chief Executive Officer Jose Antonio Martinez Sampedro. Codere fell 10 cents, or 0.9 percent, to 11 euros.

Portuguese stocks:

Banco Comercial Portugues SA (BCP PL): Portugal’s second-biggest publicly traded lender is scheduled to hold its annual shareholder meeting. The stock fell 0.9 percent to 56.8 euro cents.

Sonae SGPS SA (SON PL): The Portuguese retailer said it signed a partnership agreement with Condis of Angola to develop a retail business in the African country. Sonae shares added 0.4 percent to 82.5 cents.

To contact the reporter on this story: Sharon Smyth in Madrid at

To contact the editor responsible for this story: Andrew Blackman at