On Tuesday, the shares of Dunkin’ Brands, owner of the coffee and doughnuts chain and Baskin-Robbins ice cream shops, rose nearly 20% above the bottom of the expected range. The shares of the Company were traded at $19 per share.

On Wednesday, the shares of the Company advanced further and were traded at $27.85. Dunkin has posted a healthy 10% rise in the growth rate of its earnings before interest, tax, depreciation and amortization in the year ended in March, and the group is trading at 17 times those earnings.

Meanwhile, the second-quarter profit of Spain’s biggest bank, Banco Santander fell 38% as losses from loan increased in Spain and Brazil. The net income of bank dropped to 1.39 billion euros from 2.23 billion euros last year.

Banco Santander fell 3.2% in Madrid trading after a decline in profit in its three main markets: Brazil, the U.K. and Spain. The loss has resulted in lowest quarterly results of the bank since 2005.

Peter Braendle, who holds Santander shares as part of the 57 billion Swiss francs he helps manage at Swisscanto Asset Management in Zurich, said, “It’s disappointing that the results don’t just reflect Spain and its problems but other markets as well”.