The Ibex starts the second week of the year looking towards 10,600

Things are looking good in this beginning of 2018. Last week was very positive for all the world stock markets (the Ibex rose more than 3%) and the sensations are good for the coming days (this Monday has started with moderate increases in prices. places, 0.2% for the spanish index). The Ibex closed on Friday above 10,400 points (10,411 points) and is now less than 2% of that key level that has been talking so long (the 10,600). After closing 2017 suffering, the European stock markets are animated with the beginning of the new year by the hand of some US stock exchanges that have started 2018 marking successive historical highs.

IBEX 35

11.327,700
0,25%

The week starts with an eye on political issues of various kinds. Angela Merkel faces on Monday a crucial meeting with Martin Schulz with which he seeks to close a grand coalition between his party and the Social Democrats. Germany already adds more than 100 days without Government since the elections and it is urgent that a pact be reached. The German chancellor is "optimistic" in order to achieve it. In addition, we must mention the telephone conversation that this weekend held the French President, Emmanuel Macron, and US President Donald Trump, to discuss the denuclearization of North Korea and the protests in Iran.

Meanwhile, in the United Kingdom there is talk of the government reorganization announced by Theresa May on Monday after the resignation of her number two. The Prime Minister will appoint the current Minister of Health, Jeremy Hunt, as a substitute for Damian Green in the position of First Secretary of State. This change occurs before the start of the second round of negotiations on Brexit.

In the business world, Abertis is news for several reasons. On the one hand, there is the file that Spanish Goverment has opened to the company due to the circulatory chaos that has occurred this weekend in the AP-6 due to the snowfall. On the other hand, the National Securities Market Commission (CNMV) will rule on Monday on the requirement that the government made to cancel the authorization given by the regulator, last October, to the bid that Atlantia launched on Abertis because the Italian had not requested authorization from the Executive for the operation.