The Ibex 35 extends its losses weighed by Grifols and Inditex

  • The IBEX 35 loses 0.18% on Wednesday, visiting minimums of June 13 at 13,983.
  • Grifols (GRF) SA values ​​go back 2.05% in the day, currently quoting over € 10,335.
  • Inditex (ITX) SA shares fall 0.97% daily, reaching minimums not seen since April 9 at € 44.35.
  • Fabio Panetta, a member of the European Central Bank (ECB) said he will maintain a flexible approach to monetary policy decisions.

The IBEX 35 marked a daily maximum in 14,102, where it attracted vendors that led the index to minimums of three days in 13,983. At the time of writing, the IBEX 35 is quoted at 14,041, falling 0.18% today.

Inditex and Grifols lead the losses of the day at Ibex 35

The titles of textile design industry, Inditex (ITX) SA record a fall of 0.97% in the day, visiting minimal not seen since April 9 at € 44.35, signing its second consecutive day down.

In the same tune, the shares of Grifols (GRF) SA slide 2.05% on the third day of the week, reaching minimum of June 16 in € 10,270, spinning two consecutive sessions with losses.

On the other hand, the member of the European Central Bank (ECB), Fabio Panetta, highlighted in his speech today, that the monetary authority faces substantial risks and difficult to quantify, since they include the tariffs of the United States and the conflict between Israel and Iran. He added that the ECB will maintain a flexible approach to monetary policy decisions, providing that eurozone inflation will remain below the 2% target during a prolonged period

Technical levels at IBEX 35

The IBEX 35 formed a short -term resistance given by the maximum of June 10 in 14,432. To the south, the closest support is located at 13,832, minimum of May 23. The next Calve support level is at 13,063, a pivot point of April 30, in convergence with the exponential mobile average of 9 periods.

GRAPH DIART OF IBEX 35

Source: Fx Street

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