The Ibex 35 Continues Its Upward Streak and Rises by 1.6%, to More than 14,300 Points

Market Consensus Jaime Sicilia Martínez (Singular Bank) The main European indices are now demarcated by the Americans waiting for new information on the tax law. IBEX 35 closes with an increase of 1.6%, the highest among the main indices of the continent, and the Euro Stoxx 50 has advanced by 0.5%. The defensive sectors have experienced the greatest increases: electricity, health and telecommunications, only ending in red the energy. In the Asi…

With the ninth consecutive climb, which remains the best upward streak since the beginning of August 2022, the Íbex has advanced 224.4 points The Íbex exceeds 14,000 points for the first time since May 2008

Its technical aspect remains very good and is that, to this day, we do not see even the slightest sign of weakness that makes us think of a stop on the way. The levels of overpurchase are very high and the increases of the Spanish selective since the minimums of April have been of more than 23%. The normal thing is that for these prices we take a breath that heals a little the outstanding gains of the last weeks. Below the first level of support…

Ibex 35 continued to rise in the middle session of this Tuesday, growing by 1.59% and already reached 14300 wholes at 12:00 hours, with virtually all its values in green.The selective Madrid, which has been moving towards peaks since January 2008, benefits from the somewhat greater optimism that Wall Street showed yesterday in its final stretch and that China has announced a cut in rates of 10 basis points, placing official rates between 3% and …

The Ibex 35 rose around 1.5% to 14,290 points, marking its ninth consecutive session in its best run since 2022. The rest of the European stock markets also rose, but less than the Ibex. Among the stocks contributing to this strong advance, Indra stands out, with a rebound of 5%, accompanied by energy companies: Solaria rose 6%, Acciona Energía 3%, Acciona 2.8% and Iberdrola 2%. Banks also contributed: CaixaBank advanced 2.3%, Bankinter 1.7% and…