Vidrala, Jazztel and Banco Santander: Iberian Equity 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 fell 4.4 percent to 7,910.20. Portugal’s PSI-20 Index dropped 2.5 percent to 6,048.70.

Banco Santander SA (SAN SM): Companies including Spain’s biggest lender, Santander, may be active after Group of Seven finance chiefs vowed to support banks and buoy slowing economic growth during weekend talks in Marseille, France. Santander plunged 5.6 percent to 5.523 euros.

Jazztel Plc (JAZ SM): The phone company maintains its target of reaching more than 1.2 million customers by the end of 2012, Chief Executive Officer Jose Miguel Garcia told El Mundo in an interview. The shares fell 4.8 percent to 3.36 euros.

Vidrala SA (VID SM): The bottle maker expects to be able to pass on increased costs to customers in January 2012, Chairman Carlos Delclaux told Expansion newspaper in an interview. Vidrala stock retreated 1.2 percent to 19.25 euros.

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