Last day of a year that everyone has a crazy desire for it to end. In the stock markets, however, in the end things "settled down" with the November high and the highs seen in the main indices at the end of December. In this Thursday's session, the Spanish selective has ended up falling 0.99%, to 8,073.7 points. In December, only 0.04% was lost. All in all, the Ibex ends 2020 in red and at the tail of the rest of European squares (-15.45%).
- 11.299,300
- -0,56%
The day has been atypical in the stock markets, similar to last Thursday, but with the exception that Wall Street operates normally throughout the session. In Europe, the German and Italian stock exchanges do not open, and those that do (including the Ibex) have only traded until mid-session (14 hours). This Friday all the world indices close for the New Year's celebration.
Ahead are, in order from worst to best, the Ftse 100 (-13%); the Cac (-7%); the EuroStoxx 50 (-5%); and Dax (+ 3.5%). In the United States, the picture is very different, with very strong rises in the Nasdaq 100 (+ 45%) and also notable rises in the S&P (+ 14%) and the Dow Jones (+ 5.5%).
All in all, the US indices are flat at this time, after Asia ended the year with a mixed day. China and the European Union have finally signed a major investment deal less than a month before US President-elect Joe Biden, who has reservations about it, takes office. Both parties announced this Wednesday that they have ended the talks on a "Comprehensive Investment Agreement" that gives companies in each region more access to the other's market.
Regarding the technical aspect of the Ibex, it will end 2020 without being able to overcome the resistance of 8,200 points. After rising 7.5% from the lows of last day 21, the index has lost strength and is unable to overcome this level, much less attack the next most relevant resistance, at 8,322 points.
The year ends with the feeling and the desire that the pandemic is under control, with the population getting vaccinated and eager for a clear stage of recovery to begin in 2021 and without scares. The consensus of analysts is committed to a "pro-stock market" year, in which they expect the indices to advance positions supported by the economic recovery that is expected, especially in the second half of the year. The closing of the Brexit agreement between the United Kingdom and the European Union and the advances in the stimulus plan in the US (as much as there are bumps in the road) have also contributed to the good end of the year along with vaccines.
In any case, nobody is aware that there are new strains of the virus, apparently more contagious, circulating, and prudence continues to be the most prominent element. Everything seems set so that next year will be better than this one, although we are all already aware that life can give very unpleasant surprises and nobody is very confident about 2021.
Be that as it may, with our best wishes, Bolsamanía wishes you a Happy New Year.
