The IBEX 35 consolidates the upward perspective and remains at 17 years old

  • The IBEX 35 wins 1.24% daily, consolidating in maximums not seen since May 23, 2008 at 13,769.
  • The shares of Grifols S (GRF) shoot 6.43% on Tuesday, visiting maximums of April 2 at € 9,092.
  • The Corporation Titles acts Renewable Energies SA (ANE) rises 4.78% in the day, quoting when writing about € 17.74.
  • The ZEW Economic Feeling Index of the Eurozone was 11.6 points in May, improving the forecasts of analysts.
  • The Operators Forum will be in the Harmonized Consumer Price Index of Spain, to make themselves known on Wednesday.

The IBEX 35 marked a minimum of the day at 13,595, where aggressive buyers attracted that extended the increase in the maximum index of May 23, 2008 in 13,769. At the time of writing, Ibex 35 operates at 13,707, winning 1.23% today.

Corporation acts renewable energy and Grifols keep Ibex 35 at 17 years old

The company specialized in health care, GRIFOLS (GRF), miscatches 6.43% on Tuesday, reaching top of April 2 at € 9,092.

GRF released its earnings report, obtaining revenues of 1.79 billion dollars compared to the 1.75 billion dollars expected. In contrast, it reported an € 0.12 €, compared to € 0.139.

In the same tonic, corporation acts renewable energy (ANE) presents a gain of 4.78% today, reaching maximums of March 24 in € 17.95, signing its third consecutive day upwards.

On the other hand, the Zew Economic Feeling Index of the Eurozone stood at 11.6 points in May, reputing from -18.5 points in April, improving market expectations of -3.5.

In this sense, the IBEX 35 goes up 179 points, advancing 1.32% on the second day of the week, remaining at maximums not seen since May 23, 2008 at 13,720.

The focus of investors will be in the Harmonized Consumer Price Index of Spain, to be published tomorrow. Analysts expect an increase of 2.2% in April, matching the figure recorded in March.

Technical levels at IBEX 35

The IBEX 35 reacted up from a short -term support given by the minimum of April 30 at 13.063. The following key support is found at 11,500, pivot point of April 7. To the north, the important resistance is observed in 14,301, maximum of May 16, 2008.

GRAPH DIART OF IBEX 35

Source: Fx Street

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