- The IBEX 35 advances 0.31% in the day, reaching maximums not seen since June 16 at 14,242.
- The values of Arceormittal SA (MTS) rises 4.48% today, visiting Máximo on May 14 by € 27.83.
- Banco Sabadell (SAB) shares wins 4.74% daily, operating at the time of writing about € 2,837.
- The Eurozone unemployment rate increased to 6.3% in May, worsening market projections.
The IBEX 35 marked a daily minimum in 14,125, finding buyers who took the index to two -week maximums not seen since June 16 at 14,242. Currently, Ibex 35 operates over 14,177, rising 0.33% on Wednesday.
Banco Sabadell and Arceormittal keep Ibex 35 in the profit zone
The titles of Arceormittal SA (MTS) have a gain of 4.48% in the day, reaching maximums not seen since May 14 in € 27.83, ending with a streak of three consecutive days downward.
Banco Sabadell (SAB) shares rebound 4.74% today, reaching maximums not seen since August 11, 2010 in € 2,850, leading profits in the share index.
In another front, the Eurozone unemployment rate registered a 6.3% increase in May compared to the previous and estimated 6.2%, according to information provided by Eurostat.
The IBEX 35 goes up 46 points, reaching maximum of June 16 at 14,242.
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 14,432. To the south, the following key 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

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.