The IBEX 35 operates in positive terrain driven by Arceormittal and International Consolidated Airlines

  • The IBEX 35 advances 0.13% daily, consolidating within the operational range of the previous session at 14,151.
  • The values ​​of Arceormittal SA (MTS) rebound 1.43% today, reaching maximums of July 3 in € 27.66.
  • International Consolidated Airlines SA (IAG) titles earn 2.22% in the day, quoting the time of writing about € 4,097.
  • Retail sales of the Eurozone increase 1.8% in May, exceeding analysts’ expectations.
  • The inverter’s confidence increases to 4.5 points in July, registering its best figure in three and a half years.

The IBEX 35 established a daily minimum at 14,065, attracting buyers who took the index to a maximum of the day in 14,149. At the time of writing, the IBEX 35 is traded at 14,151, winning 0.13% on the first day of the week.

INTERNATIONAL CONSOLIDATED AIRLINES AND ARCELORMITTAL keep IBEX 35 in the profit zone

Arceormittal actions (MTS) have a gain of 1.43% in the day, visiting maximum of two sessions in € 27.66, ending with a streak of two consecutive days down.

On the other hand, the values ​​of International Consolidated Airlines SA (IAG) rise 2.22% daily, reaching maximums not seen since March 4 in € 4,099, leading profits in the stock market index.

Retail sales of the Eurozone increased 1.8% year -on -year in May, exceeding 1.2% planned by the market, although below the 2.7% previously observed.

At the same time, the confidence of the investor Sentix, goes up to 4.5 points in July, above 0.2 registered in the previous period, marking its highest figure in three and a half years.

The IBEX 35 rebounds 37 points, staying within the range of Friday’s session at 14,151.

Technical levels at IBEX 35

The IBEX 35 operates in a lateral range between a short -term support given by the minimum of May 23 in 13,832 and the maximum of June 10 in 14,343. To the south, the important support is at 13,063, pivot point of April 30, in convergence with the exponential mobile average of 9 periods.

GRAPH DIART OF IBEX 35

Source: Fx Street

You may also like