- The IBEX 35 loses 0.20% today, currently quoting Sonbre 14,250, ending with eight consecutive upward sessions.
- Solaria Energy (SLR) shares decrease 3.75% daily, reaching a minimum of two days in € 6,520.
- The titles of International Consolidated Airlines (IAG) fall 2.16% on Wednesday, visiting minimums of May 19 by € 3,860.
- The attention of investors will be in the manufacturing, services and integrated eurozone PMIs, to make themselves known tomorrow.
The IBEX 35 reached a maximum not seen since January 15, 2008 in 14,341, finding vendors that took the index to a minimum of the day at 14,230. At the moment, the IBEX 35 is traded in 14,251, losing 0.20% in the day.
Solaria Energía and International Consolidated Airlines drag the Ibex 35 to loss zone
International Consolidated Airlines (IAG) shares have a 2.16% setback in the day, reaching a minimum of two days in € 3,860, ending with four consecutive upward sessions.
On the other hand, the company focused on the generation of solar energy, Solaria Energía (SLR) falls 3.75%, reaching minimum of May 19 in € 6,520, leading losses in the stock market index.
In this scenario, the IBEX 35 loses 18 points, reacting down from maximums not seen since January 15, 2008 in 14,341, oscillating within the operating range of May 20 in 14,266, concluding a streak of eight consecutive sessions.
The focus of investors will concentrate on the preliminary PMIs of services, manufacturing and integrated from the overall Eurozone S&P corresponding to May, to be published on May 22.
Technical levels at IBEX 35
The IBEX 35 established a short -term support given by the minimum of April 30 at 13.063, in convergence with the exponential mobile average of 9 periods. The following key support is found at 11,500, pivot point of April 7. To the north, the important resistance is observed in 14,301, maximum of May 16, 2008. The relative force index is 74.81, within overcompra levels, so a recoil in the short term is not ruled out.
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.
