The Ibex breaks with its New Year’s streak and loses the 10,400 points

Siemens Gamesa has been the figure that has led the rises thanks to an increase of 4.3% up to 12.34 euros. The company has seen itself boosted by the contracts that it has negotiated in Brazil for 500 million euros. Also, their shares have received a slight push after the Kepler analysts have risen a 3% in the assessment of one of its main rivals, the Danish group Vestas.

ArcelorMittal has followed and has risen a 2.91% up to 29.21 euros. The third position has been for Colonial, that has revalued itself a 1.12% and has changed for 8.6 euros. Out of the big fishes, Banco Santander (+0.3%) and Telefónica (+0.14%) have been the only two that have closed in green.

On the other hand, Mediaset España has been the red lantern of the session after falling a 2.64%. The company has registered a weak evolution of the audiences in December. Red Eléctrica has fallen a 1% and Endesa has fallen o 0.9%, they have been the two figures with the worst behaviour.

Bankia also has to be mentioned, it has dropped a 0.68% after it started the exchange of shares of BMN for those of the entity. ACS has also fallen (0.59%) after it has been made known that the CNMV has pronounced this Monday about the government’s petition to cancel the OPA of Atlantia about Abertis, that has gone up a 0.16%.

Abertis is also news in the start of the year due to the case file that Development has opened to the company for road chaos that has been produced this weekend in the AP-6 due to the snow.

OTHER MARKETS

The rest of the stocks of the Old Continent have closed with mixed sign. So the FTSE 100 in London has fallen a 0.36% while the DAX 30 in Germany has risen a 0.36% and the CAC 40 in France has risen a 0.30%. Wall street has listed moderate earnings and is taking a break from its historical highs.

Aside from this, pétrol is still news in the start of the year for its issues in the middle of the Iran tensions. Last week the Brent barril had risen to 68$ and at this time it was still close to this level (67.59$) although it listed small falls. The West Texas on its part doesn’t move from the 62 dollars (61.50$).

As for the agenda of the session, the trust of the consumer in the Euro Zone in December has been as expected and has stayed at 0.5. “We are going towards a relaxed week in terms of data where inflation takes up a central part after the activity numbers were the center of attention last week. On Wednesday, China’s inflation will be released also Denmark’s and Norway’s. Followed by the the US and Sweden’s inflation on Friday,” highlight the experts of Danske Bank in their daily report. On Friday it will also be made known the Spanish inflation in December.

TECHNICAL ANALYSIS

José María Rodríguez, technical analyst in Bolsamanía, marks that the session this Monday closes without significant changes and therefore without any implications. “Although, in the short term we have a small support in the rises of the session past Friday in the 10,314 points. Which means that our Ibex could drop to that level without having any effect,” he explains. And on the zone of control, the real resistance is found in the november highs og 10,600 points.

Only over the 10,600 points, preferably with a rise in volume and in the week, “we will have a before and after in our index”. From that moment on the price will be shaping a “double ground”, with the objective of rising in the maximums of 2017 in the 11,185 points.