The Ibex 35 enters uncharted territory and breaks all historical records. The selective started the session higher, reaching more than 17,000 intraday points, a record barrier for the Spanish stock market since records began. It must be taken into account that unlike other indicesthis deducts the distribution of dividends from its capitalization, which has a short-term deflator effect. With the rebound in recent days, the annual revaluation exceeds 45%.
Although this level was reached occasionally, it subsequently declined slightly to around 16,990 points. Virtually all stocks are trading positively, being Fluidra (-0.08%) the only ones undecided. Basically, The day is led by Ferrovial, that this Friday its entry into the Nasdaq 100, known as the technology index, is at stake, and that it was one of its objectives that motivated the transfer of its headquarters to the Netherlands. The company led by Rafael del Pino evolves with an increase of 1.75%, followed by Sacyr (+1.34%), ACS (+1.29%) and Action (+1.25%).
The bank also plays a catalytic role with advances which cover 0.87% of the Bank Sabadell at 0.29% of CaixaBank. Among the values with a large weight in the index, the Inditex (+0.9%), Repsol (+0.44%) and Phone (+0.35%). For a day without major references, Bankinter analysts anticipate a positive tone on the stock markets. “The market seems to close in 2025 and it is preferable to maintain a pro-risk positioning, already thinking about 2026,” they emphasize from the aforementioned analysis house.
Green is widespread in the main squares of the Old Continent. He German Dax rebounds by 0.66%, MIB FTSE increases by 0.64%, the CAC40 an increase of 0.55% is recorded and the FTSE100 opens with an increase of 0.47%. This Friday the final inflation data corresponding to the month of November will be published for France, Germany and Spain. At the national level, the CPI moderated its progression during the penultimate month of the year, up to 3%.
“Inflation seems quite controlled throughout the Eurozone, although in the case of Spain this variable has been in recent years. months well above the 2% targetestablished by the European Central Bank (ECB)”, emphasize analysts at Link Securities. The Frankfurt-based organization will hold its monetary policy meeting next week, during which the market estimates that it will maintain the price of silver at 2%.
Wall Street closed yesterday on a mixed note in a few hours marked by a hangover after the Federal Reservewhich reduced the monetary reference rate by 25 basis points, to a range between 3.5 and 3.75%. It should be noted that the Dow Jones Industrials -Wall Street’s main index- set an intraday record, up to 48,704 points, infecting Asian stock markets with optimism. The positive reading of the trade deficit, which was reduced to double digits in September, at $52.828 million, or 10% less, acted as a catalyst.
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