The IBEX 35 extends its profits and is consolidated at maximum 2008

• The IBEX 35 advances 0.39% today, reaching maximum of May 23 at 13,659.
• The Arcerlormittal SA titles rebuild 5.81% daily, reaching maximum of March 27 by € 28.40.
• International Consolidated Airlines (IAG) values ​​earn 5.30% on the first day of the week, visiting March 10 at 3,750.
• The attention of investors will be in the Harmonized Consumer Price Index in Spain, to be published on Wednesday, May 14.

The IBEX 35 established a daily minimum at 13,530, finding aggressive buyers that promoted the index to maximums not seen since May 23, 2008. At the moment, the IBEX 35 quotes over 13,562, winning 0.39% in the day.

INTERNATIONAL CONSOLIDATED AIRLINES AND ARCERLORMITTAL drive to IBEX 35 at levels not seen since 2008

The leading arcerlormittal (MTS) steel company is discarded 4.91% in the first session of the week, reaching maximums not seen since March 27 at € 28.40, signing its third consecutive day with profits.

Following the upward perspective, the titles of International Consolidated Airlines (IAG) win 4.93% today, reaching maximum of March 10 at € 3,750, spinning seven consecutive days upward.

In this context, the IBEX 35 advances 83 points in the day, climbing 0.62%, visiting maximums not seen since May 23, 2008 at 13,659.

The operators’ gaze will be the harmonized consumer price index of Spain, to be released on May 14. The market consensus projects an increase of 2.2% in April, matching the registration observed the previous month.

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 observed in 12,135, minimum of April 10, in convergence with the exponential mobile average of 13 periods. To the north, the key resistance is found in 14,301, pivot point of May 16, 2008.

GRAPH DIART OF IBEX 35