The Ibex (-0.16%) saves the 9,500 points despite the pressure from the banks

The selective has come to touch the 9,468 points during the day

Por

Bolsamania | 14 ene, 2020

Actualizado : 18:06

Ibex has yielded 0.16% on Tuesday and has managed to save the 9,500 points (9,528) that it has lost during part of the day due to bank pressure. The selective moved away from the rest of European exchanges, which have closed with slight increases after a day of ups and downs. Investors have expressed doubts about that "first phase" agreement between the US and China that is signed tomorrow.

"The details of the trade agreement are beginning to be known, but there is still a lot we don't know. What has leaked seems to favor the US a lot but, as always, 'the key will be in the details'. (...) it all comes down to how sustainable this agreement is. There is not much optimism from the moment it is a first agreement and is probably the only one. Therefore, it is even more important that it be maintained, "says Craig Erlam, analyst from Oanda.

THE BANK, PROTAGONIST IN SPAIN AND THE USA

In business, Ence (-2.31%) has been the most punished company, although along with the setbacks of some banks such as Santander (-1.98%), CaixaBank (-1.44%) or BBVA ( -1.29%). Red color also for Sabadell, Bankinter and Bankia, although they have fallen below 1%. And in positive, Colonial Real Estate (+ 2.21%) has been the most bullish value, followed by Indra (+ 2.08%) and MásMóvil (+ 1.90%).

Across the Atlantic, the season of results in the United States has started. JP Morgan rises after winning more than expected in the fourth quarter, while Wells Fargo yields after disappointing. Citigroup, meanwhile, progresses moderately after publishing figures

In other markets, the Brent barrel, a benchmark in Europe, rises 0.8% at the end of the day in the 'Old Continent', up to $ 64.7. In addition, the euro has depreciated 0.06%, to $ 1,1126. And in the macroeconomic field, the December CPI has been known in the United States, which has increased moderately to 0.2%.

TECHNICAL ANALYSIS

"The Ibex marked a minimum on Tuesday at 9,466 points. The bullish hollow of the December 13 session (last four-hour witch hour of 2019) was at 9,466 points. Which means that one month after that session in which the Ibex overcame the resistance of 9,500 points we are again at the same price level, "says José María Rodríguez, analyst at Bolsamania.

"It is not all bad, because at that time the daily overbought was extreme and now we begin to have clear levels of oversold. Or what is the same, we have been a side month, consuming time instead of falling into depth," Add.

"It would be good if, shortly, it began to recover positions and if it can close the bullish gap better than better. This has been filled in completely after today, but has not been closed or what is the same voided "concludes the expert.

Últimas noticias