The Ibex faces the first avalanche of results of the week
Futures come almost flat, with slight increases
The Ibex faces this Tuesday the first avalanche of results of the week. Results were published by Bankia, Endesa, Enagás, MásMóvil ... Furthermore, Telefónica has confirmed a joint offer of 2.7bn euros for Oi's mobile assets. Likewise, the European Central Bank (ECB) has communicated that it extends until January 1, 2021 its recommendation to the bank not to distribute dividends.
Many first-time news for an Ibex that starts from 7,170 points after leaving 1.7% affected by tourism values in the last session after the UK decision to quarantine travelers coming from Spain.
Technically, in the Spanish selective it lost the support of 7,183 points last day and is now approaching the key level of 7,062 points. "We must consider that the abandonment of this level of demand would make us think of a continuation of the falls to the level of 6,421 points. For the moment the lateral movement is maintained," says César Nuez, analyst at Bolsamanía and head of Trader Wath.