The Ibex (+ 0.01%) repeats a session of little movement near the 9,700

The majority of banks have led the biggest rises in the index, especially Bankia (+ 2.27%), Bankinter (+ 0.98%) and BBVA (+ 0.92%).

Also gains for DIA, after a session of volatility in which the titles have come to yield close to 2%. The supermarket brand has risen 0.76% despite HSBC's new report, in which experts give it the lowest price target so far of 1.8 euros per share compared to 2.12 in which quotes

On the other hand, day of losses for Indra (-2.58%), IAG (-1.3%) and Mediaset (-1.25%), the most bearish values ​​of the session. Also some of the great values, such as Telefónica (-0.27%) or Inditex (-0.27%) have added to red.

In the main board, Duro Felguera has ended the day with an increase of 8% after reporting that in the second round of its expansion has raised about 49 million euros, representing 39% of the total, and far from the 125.7m expansion planned. After the market closes and until 09:00 on Tuesday, it starts its third round to get that amount.

Exchange losses for Liberbank (-0.84%), which has informed the unions that it will close 58 offices in Madrid, Andalusia, Levante and Catalonia.

WEEK OF RESULTS

This Monday and Tuesday the calendar remains somewhat clearer but, as of Wednesday, there is no room to write down everything that is to come: the results of Santander, BBVA, CaixaBank and the rest of the listed companies of the Ibex, Telefónica's accounts , the figures of Repsol ... and, in the macro level, the meeting of rates of the European Central Bank (ECB), on Thursday.

Taking into account that the figures with the most weight of the Spanish index are published (with permission from Inditex), it is more than likely that the Ibex will ultimately be affected by what they do. Yes, we are in holiday period, and this can affect in different ways: or maintaining the immobility that we have been seeing for several days in the markets or even leading to more abrupt movements due to a volume of business that is likely to suffer.

TECHNICAL ANALYSIS

The technical analyst of 'Bolsamanía' José María Rodríguez highlights that the index has already accumulated seven days within the price range between 9,640 and 9,800 points, that is, no more than 160 points. And, meanwhile, we are still waiting for the price to jump from one side to the other. The analyst explains that the most important control zones are now at 9,470 points, the base of the triangle, and 10,060 points, the upper part. "Although if we only stick to the shorter term we have a first support at the minimum of last week (9,640) and resistance at 9,800 points," says Rodriguez.

"If we want to attend a small short-term bullish rally, we need the Ibex to jump above the 9,800 points," explains the analyst. Although it notes that the Ibex seems to have entered "in summer mode and does not seem to want to get out of there." In the same line, the behavior of the European and Wall Street indexes stands out, "although the latter present an upward trend that is somewhat clearer than Europe".

TRUMP THREATS

As for stock market declines, the new threats of US President Donald Trump, in this case directed towards Iran, do not help to generate confidence among investors. Again through twitter, and using the capital letters, Trump has directly addressed the Iranian president, Hassan Rouhani, and has told him never to threaten the United States again or suffer consequences as they have not suffered before. This tweet has been published after Rouhani warned of the consequences of pursuing hostile policies against Tehran.

Meanwhile, the words of Donald Trump last week in the CNBC interview warned that he was prepared to impose tariffs on all products arriving from China to the United States. Regarding the issue of international trade, the latter has to do with the meeting of the leaders of the G20 this weekend. The world's largest economies called for more dialogue to end geopolitical and commercial tensions that negatively impact economic growth, Reuters reports.