Ibex rises 1.1% during the week and closes near 10,700 points

Ibex 35 rose 1.04% to 10,658.40 points. The Spanish stock market has increased its profits after the publication of a report of Employment in the United States better than expected. The Spanish index continues lateral, but is interestingly approaching the resistance of 10,705 points. The index closes the week with a return of 1.1%.

Siemens Gamesa has risen 4.75%. The company has been awarded a 1,000 MW facility in Turkey. The second highest stock has been Técnicas Reunidas (+ 3.59%), which has been awarded a contract in Oman valued at 2,75 billion dollars.

Another great catalysts of Ibex has been Telefónica. After several negative days, the shares of the operator have risen 2.29% and are close to 10 euros. It has also been at the top of the table Gas Natural, up 1.93%. The energy company has reached an agreement to sell a minority stake of 20% in its gas distribution business in Spain for 1,5 billion euros.

Among the large stocks, Iberdrola has risen 1.03%, Santander 0.99%, Repsol 0.97%, Inditex 0.83% and BBVA 0.2 %. The rest of European exchanges have also increased their earnings after the Employment Report. CAC 40 has risen by 1.4%, FTSE 100 by 0.5% and DAX 30 has revalued by 1.18%.

The main investor benchmark this Friday has come from the United States with the Employment Report for July. The consensus of analysts at Reuters anticipated a net creation of 183,000 jobs during the past month, and finally the figure was 209,000, above the forecast.