- If it exceeds 9,623 points, the Spanish index has no brake until the 10,000 points
After Tuesday's gains on Wall Street, the Ibex has a new 'excuse' to continue adding positions on this third day of the week. The index finished yesterday above the 9,500 points (in the 9,561 points) and advances in its objective towards 9,623 points, maximums of the year. This Wednesday has opened with moderate rises (+ 0.3%) and close to 9,600 (9,584).
- 11.840,600
- -0,49%
The business results will allow the Ibex to continue adding positions or, on the contrary, will slow its progress. Iberdrola's accounts have been known this Wednesday, with an improvement in profit in 2016 from 11.7% to 2,705 million (above expectations). The utility will also offer an update of its strategic objectives until 2020 on its Investor Day. Outside our country, Airbus has reported a fall in its annual benefit of 66% due to the costs of its military aircraft.
From the macro point of view, there will be many references that will be made known during the day. The German IFO will be one of the most followed, along with Q4 UK GDP and January Euro Zone CPI. In addition, in the United States will be published the minutes of the last meeting of the Federal Reserve (Fed), with European stock markets closed.
Throughout the day, the last operation of Telefónica (the sale of 40% of its infrastructure subsidiary, Telxius, to KKR), which ended yesterday with drops in the stock market for the operator of 0.19% and this Thursday publishes its accounts.