The Ibex cannot handle 9,200 points. The Spanish selective has lost strength after exceeding this level, and has closed at 9,183 points (+ 0.31%). Within the selective Siemens Gamesa has returned to normality (+ 3%) after being suspended after it clarified to the CNMV that it is not "currently" working on an exclusion takeover bid for the company.
- 11.154,600
- 1,56%
It is also necessary to speak of the increases in ArcelorMittal and Acerinox before the news that indicates that the European Union and the US reopen talks to close the disputes over steel and aluminum. For their part, BBVA and Santander set new annual highs and are among those rising, with Solaria and Acciona at the top.
Banco Sabadell, which was doing well early after announcing that it has started talks to analyze the sale of its banking activity in the Principality of Andorra to MoraBanc, now loses around 2%, while Colonial continues to be the worst after the results published this Monday. The company earned 22% less in the first quarter.
Outside our country, Vodafone has sunk 6% on the London Stock Exchange after disclosing accounts.
Wall Street closed last day in slight falls while in Asia the rises have clearly dominated the session. In Japan, the GDP for the first quarter has been known. The Japanese economy contracted at an annualized rate of 5.1% between January and March (compared to the -4.6% estimate). In quarter-on-quarter terms, GDP from January to March fell 1.3%, slightly below consensus expectations of a 1.2% decline. The resurgence of Covid infections in the country broke two consecutive quarters of growth.
Unemployment data for March in the United Kingdom were released today (unemployment rate fell to 4.8%), while preliminary first quarter GDP in the euro zone has fallen by 0.6% compared to the previous quarter . On the other hand, Christine Lagarde's , president of the European Central Bank (ECB), speech will be paid attention to.
A 2021 WITHOUT DAVOS
2021 will go down in the little history of the World Economic Forum (WEF) as the year in which the usual annual meeting was not held. Finally, the organization has decided to suspend the meeting that was scheduled for August in Singapore.
In its statement, the Forum, which regularly holds its annual meeting every January at the Swiss Davos station, assures that the 2022 meeting will be held in the first half of the year. The town where it is held "will be decided based on the analysis of the situation later this summer."
Every January the WEF meeting at the exclusive Swiss ski resort attracts political and business leaders from around the world.
YEARLY HIGHS ... AND THE 9,300 IN THE FOCUS
The Ibex is falling today with 9,200 points. All in all, Bolsamanía analysts remain optimistic. "The selective scores 9,200 points and it seems that we could end up seeing an extension of the gains to the level of 9,300 points in the next few days," insists César Nuez, an expert on this website and head of Trader Watch.
"Its technical aspect is very good and at the moment we do not appreciate even the slightest sign of weakness that would make us think of a halt along the way. The first support level is at 8,800 points," he adds.
It should be noted that, with the increases of 3.5% in the last session, Telefónica managed to pierce the annual highs that it presented at 4.1380 euros. "Be aware that a change in trend is confirmed, with everything ready so that we can end up seeing an extension of profits to the level of 4.5 euros, prices that we do not rule out that it may reach in the next few days," explains César Nuez. At this time 1.4% yields.
OTHER MARKETS
The euro trades at $ 1.2213. Oil rises 08%. Brent is over $ 70 ($ 70.03) and West Texas is at $ 66.76.
Gold is flat at $ 1,868, and silver is up more than 1% ($ 28.60).
Bitcoin is rising in value about 3%, to $ 45,333. The US Federal Trade Commission has warned that scammers are on the rise in the cryptocurrency arena. Ethereum is up 3.5% to $ 3,502.
The yield on the 10-year US bond stands at 1,647%.
