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The Ibex 35 Remains Stable Extending The Bullish Momentum Seen In Recent Weeks

The Ibex 35 remains stable, extending the bullish momentum seen in recent weeks

The Ibex 35 closed the session with a slight rise of 0.08%, standing at 9,316.20 points

The main Spanish indicator continues to consolidate above the 9,300 point level, extending the bullish momentum seen in recent weeks and approaching the 9,400 point level.

Among the most bullish stocks of the day were Ferrovial (+2.16%), Repsol (+1.91%) and ArcelorMittal (+1.85%). On the other hand, the stocks that fell the most were Grifols (-2.11%), Siemens Gamesa (-1.88%) and Acciona (-1.82%).

The Ibex 35 has been showing a bullish trend in recent weeks, driven by the good results of companies, the fall in inflation and the expectation of a less aggressive rise in interest rates by central banks.

If the Ibex 35 manages to consolidate above the 9,300 point level, it could continue to rise towards the 9,400 point level, which would be a key resistance level.


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