The Ibex 35 continues its bullish 'rally' and does not lose sight of 11,000 integers

MADRID, 25 Mar.

The Ibex 35 continues its bullish 'rally' and does not lose sight of 11,000 integers


The Ibex 35 has managed to close the session positively, with a slight rise of 0.08%, in such a way that it has continued with its bullish 'rally', by chaining five days in 'green', and continued to approach 11,000 integers , finishing at 10,952.2 points.

Just today, Bankinter analysts have indicated that the Spanish index could maintain the upward pace this year and reach 12,000 points, levels not seen for 14 years.

On the other hand, this Monday it was also known that industrial prices decreased by 8.2% last February compared to the same month in 2023, expanding by 4.3 points the decrease recorded last January, due, mainly, to the cheaper electricity.

This week the Consumer Price Index (CPI) will be published in Spain and the personal consumption expenditure price index (PCE) in the United States, a metric that serves as a reference for the United States Federal Reserve (Fed).

In the business field, three significant shareholders of Grifols, Deria, Ponder Trade and Ralledor Holding Spain, have corrected the incidents of "reduced relevance" found by the National Securities Market Commission (CNMV) in the investigation carried out on the hemoderivatives firm. following attacks by the bearish fund Gotham City Research, which has not yet concluded.

Thus, at closing, the biggest increases have been those of Mapfre (5.17%), Grifols (3.11%), Meliá (1.31%), Unicaja (1.28%) and Enagás (1. 19%). On the other hand, the biggest falls have been those of Solaria (-1.83%), Acciona Energía (-1.60%), Cellnex (-1.25%), Inditex (-1.02%) and IAG (-0.97%).

The rest of the main European indices have registered a mixed performance, with a fall of 0.17% in London, while Frankfurt has advanced 0.30% and Milan 0.86%. Paris has closed flat compared to Friday.

In the raw materials market, a barrel of Brent was trading at $86.60, up 1.37%, while West Texas Intermediate (WTI) reached $81.83, up 1.51%.

For its part, the yield on the Spanish bond with a 10-year maturity reached 3.205%, from 3.159% on Friday. In this way, the risk premium against German debt stood at 83.4 basis points.

In the currency market, the euro appreciated 0.26% against the dollar, up to 1.0836 'greenbacks' for each unit of the community currency.