- The IBEX 35 advances 0.15% today, consolidating within Wednesday’s operational range at 13,472.
- The titles of Puig Brands (Puig) rise 2.25% on Thursday, reaching maximum of May 6.
- ROVI Pharmaceutical Laboratories Actions (Rovi) earn 2.73% in the day, prior to the publication of their profit report.
- The industrial production of Spain rises 1% annual in March, according to information published by the National Statistics Institute (INE).
The IBEX 35 reacted upwards from a minimum of the day at 13,401, finding buyers who took the index to May 6 at 13,482. At the moment, the IBEX 35 is quoted over 13,472, winning 0.15% daily.
Puig Brands and Red Laboratories drives the Ibex 35 to positive field
Based on information provided by the National Statistics Institute of Spain (INE), industrial production grew by 1% annualized in March after registering consecutive 1.9% in February and 1.2% in January.
The monthly variation of the Industrial Production Index was 0.9% when the seasonal and calendar effects were eliminated. This figure is after the increase of 0.7% observed the previous month, reaching its largest increase in three months.
On the other hand, the Ibex 35 wins 23 points on Thursday, rising 0.15%, consolidating within the previous session range at 13,472.
In this context, the Red Pharmaceutical Laboratories values (ROVI) have a daily gain of 2.73%, reaching maximums not seen since March 25 at € 54.30. Rovi will publish his quarterly report today, the consensus of analysts hopes to obtain income 151.18 million euros.
Similarly, the actions of Puig Brands (Puig) advances 2.19% in the day, visiting May 6 at € 16.83, ending with a streak of three consecutive days down.
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 closest resistance is observed in 13,548, pivot point of May 6.
GRAPH DIART OF IBEX 35
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
