The IBEX 35 falls to a minimum of two days dragged by BBVA and Banco Santander

  • The IBEX 35 goes back 1.22% today, visiting minimums of June 23 at 13,995.
  • The shares of Banco Bilbao Vizcaya Argentaria SA (BBVA) fall 2.82% in the day, operating when writing about € 12,760.
  • The titles of Banco Santander SA (San) slide 2.36% daily, currently quoting € 6,900.
  • The Gross Domestic Product (GDP) of Spain increases 0.6% in the first quarter of the year, in line with market estimates.

The IBEX 35 marked a maximum of the day in 14,188, where he found aggressive vendors that took the index to June 23 at 13,957. At the moment, Ibex 35 is negotiated in 13,995, losing 1.22% on Wednesday.

Banco Santander and BBVA LASTRAN TO IBEX 35 to Loss Zone

The values ​​of Banco Bilbao Vizcaya Argentaria SA (BBVA) record a daily loss of 2.82%, visiting minimums of June 23 at € 12,685, leading the falls in the share index. On the other hand, the titles of Banco Santander SA (San) fall 2.36% on the third day of the week, reaching a minimum of two days in € 6,862.

In another front, the Gross Domestic Product (GDP) of Spain increased by 0.6% in the first quarter, complying with the expectations of analysts and below 0.7% observed in the previous period. GDP grew by 2.8% at the year -on -year level, placing it at its lowest level in a year.

In this context, the IBEX 35 slides 173 points, operating at the moment over 13,995.

Technical levels at IBEX 35

The IBEX 35 formed a short -term resistance given by the maximum of June 9 at 14,430. Downwards, the closest support is observed at 13,063, minimum of April 30. The following key support is found at 11,500, pivot point of April 7.

GRAPH DIART OF IBEX 35

Source: Fx Street

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