Ibex consolidates 9,500 and comes close to annual highs

The Ibex 35 started the week with gains of 0.28% and stays above the level of 9,500 points, to reverse Friday's performance when it fell 0.6% and reduced its weekly gain to 1.3%. The week is important due to the publication of results from blue chips Telefonica, Repsol and Iberdrola. In Europe, the main indices finished with moderate gains, on a day when Wall Street is closed for a holiday.