- En castellano:El Ibex (-0,14%) se congela frente a los 8.400 puntos pendiente de Filomena y el Covid
The Ibex 35 is trading flat (-0.05%, to 8,351 points), awaiting new catalysts for world stock markets. After closing Monday with earnings of -0.6%, up to 8,357 points, the Spanish selective is still aware of the damage caused by the storm Filomena and the poor evolution of the coronavirus, with an increase in the number of cases to 450 new infected in Spain.
- 11.471,100
- 0,03%
At the business level, Neinor Homes has risen 2.73% after buying Quabit in exchange for an exchange of shares for 7% of its capital, with a premium close to 20%, which values the real estate company at 62 million euros. Quabit shares have soared 11.05%.
Within the Ibex, the most bullish value was Sabadell (+ 4.84%). JP Morgan analysts believe that it may be bought by Santander after its failed attempt with BBVA. In addition, CaixaBank and Bankia have risen with enthusiasm together with Meliá and IAG.
On the contrary, the most bearish has been Siemens Gamesa, after Deutsche Bank analysts valued its shares at 30 euros, well below the market price. It has also been in the news for presenting an ERE that will affect 266 workers. It has announced that it will close its As Somozas plants, in La Coruña (Galicia), and Cuenca, in Castilla-La Mancha.
In the economic agenda, there are no outstanding references, so investors focus their attention on the likely restrictions that will be taken in the coming days to stop the pandemic, and on the recovery of activity after the damage caused by the storm.
Iberia will operate 50% of its short and medium-haul flights and all long-haul flights this Tuesday, and Renfe has reopened all long-distance and AVE routes that were closed due to the storm.
In Asia, the stock markets have closed with a mixed sign, with gains in China and falls in South Korea. In addition, the US indices are up 0.3% after Monday's bearish close for the New York indices.
The Democrats have presented their second impeachment against Donald Trump, while the still president has declared a state of emergency in Washington for the inauguration of Joe Biden on January 20.
By technical analysis, the Spanish selective overcame the key short-term resistance of 8,322 integers in the weekly closing and the weekly bearish gap of mid-March, in 8,375 points, therefore offering very good feelings.
Although "now we find another potential resistance zone at 8,460-8,500 points (61.8% adjustment of the entire fall that occurred during the months of February and March 2020)," says José María Rodríguez, analyst of Bolsamanía.
"And above the next control zone is in the weekly bearish gap of 9,890 points. In short, the Ibex has activated an important signal of short-term strength, but everything is still part of a rebound (reaction phase) within of a clear bearish fund holding ", he concludes.
In other markets, Brent oil rose 0.3% to $ 55.85, while the euro appreciated 0.02% and changed to $ 1.2152. In addition, the profitability of the 10-year Spanish bond is trading at 0.06%.