The Ibex and BBVA remain green ... for now

After starting the day with falls, the selective has turned around and bounces with little conviction

  • The index returned to deflate this Wednesday, although it respected the 10,000 points
Bolsamanía
Bolsamania | 23 nov, 2017 12:30
bolsa_de_madrid_ibex_35_parque

The Ibex and BBVA again try to react to the rise this Thursday. The day is atypical because it does not have the reference of Wall Street, closed for the holiday of Thanksgiving. The Spanish index rebounds ... although with little conviction (+ 0.35%, 10,048 points) after starting the day with declines. Tomorrow, Friday, the bags will only open for half a session on the other side of the Atlantic.

IBEX 35
11.100,800
  • -0,48%-53,80
  • Max: 11.228,30
  • Min: 11.057,80
  • Volume: -
  • MM 200 : 9.832,87
17:35 29/04/24

The minutes of the last meeting of the Federal Reserve (Fed), which met on Wednesday with closed European exchanges, confirm what is already an open secret: that there will be a new rate hike in December. "The FOMC forecasts strong growth in consumer spending in the short term, supported by the continued strength of the labor market," the Fed notes in the minutes.

All in all, Wall Street ended last session with a mixed sign and very slight drops in Dow Jones and S & P, while in Asia there has also been a mixed tone. As for the Ibex, this Wednesday showed again its weakness, deflating and ending the day far from the day's highs. The expert of 'Bolsamania', José María Rodríguez, indicates that what he did during the last session the Ibex leaves the investors, again, crossing their fingers so that it does not pierce the 9,900 points and BBVA manages to hold over the 7 euros "I am very much afraid that the outcome of the equation will not be known until Friday with the closing of the weekly candle." The problem with which we are nowadays is that practically none of the blue chips on the market are signaling of strength, rather on the contrary, and we did not find any catalyst that could serve as a revulsive for our index in the short term ", warns Rodríguez.

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