The Ibex 35 closes the week with a rise of 0.41% and exceeds 8,900 points

It rebounds 1.42% in the day on Friday

Jan. 20 () –

The Ibex 35 has closed the day of this Friday located at 8,918.2 points, which represents an increase of 0.41% during the week, which has allowed the selective to settle above the level of 8,900 integers.

Only with respect to the data for Thursday, the selective of the Spanish stock markets has experienced a rise of 1.42%.

“The Spanish stock market closed slightly positive and has accumulated three consecutive weeks in positive, which has led it to rise more than 8% since the beginning of the year. Investors have regained optimism regarding the possibility that central banks will soften their position in the coming months in view of the stabilization of inflation and the faster-than-expected reopening of China”, has assessed the XTB analyst, Joaquín Robles.

The progress has occurred in a day without major macroeconomic news and with all eyes on the closure of the World Economic Forum, which this Friday ended its annual meeting in Davos between business elites.

Most of the values ​​of the selective have been positive, highlighting the bulky increase of 9.84% of Cellnex, followed by Meliá (+3.22%), CaixaBank (+2.54%), Bankinter (2.42% ), Aena (+1.97%) and Indra (+1.83%).

On the other hand, only six stocks have experienced declines in the price of their shares, led by ACS (-1.68%) and followed by Fluidra (-1.16%), Acciona Energías Renovables (-0.84%), Colonial (-0.62%), Red Eléctrica (-0.54%) and Logista (-0.17%).

“The Ibex 35 has a resistance ahead of it at 9,000 points and another more relevant one at 9,200. After the recent rebound, in the event that investors decide to take profits, it could fall to 8,650 points,” Robles warned.

Compared to the rest of the European markets, the German Dax posted a rise of 0.76%, while the French CAC 40 advanced 0.63% and the Italian FTSE MIB rose 0.70%. On its side, the Euro Stoxx 50 has observed a positive advance of 0.63%, while the British FTSE 100 has risen 0.30%.

With regard to raw materials, a barrel of Brent stood at 86.91 dollars, which is 0.88% more. Its US counterpart, the West Texas Intermediate, has advanced 0.83% to $81.

In the debt market, the yield in the secondary market of the 10-year Spanish bond has reached 3.135%, which represents an increase of 14 basis points compared to the 2.992% registered on Thursday. In this way, the risk premium of the Spanish debt against the German has reached 95.8 basis points, almost three points more than at the close of Thursday.

In the currency market, the cross of the euro against the dollar has not experienced large variations during the day, standing at around 1.0830 dollars for each euro.