Week of slight cuts in the Ibex 35, of 0.93%, in a context that continues to be marked by concern about a possible global recession and the current complex geopolitical panorama. From a technical point of view, its appearance continues to be very complicated and it is not ruled out that it ends up attacking the support of 7,783 points in the short term. “Your expectations will not improve until you overcome the resistance of 8,374 points”explain the analysts of Bolsamanía.
By securities and including in the calculation of returns the dividends distributed on these days, drive It has been the most bullish of the week in the Spanish selective. The construction and services group added 8.32%, extending the rebound started when it approached the support of 162 euros. As explained by the experts at Bolsamanía, your prospects are very good and, if it overcomes the resistance of 192.50 euros, their titles would be placed in free rise, the best possible technical scenario.
Ferrovialwith a rebound of 7.35%, Rovi (+7.29%), Solaria (+7.06%), Indra (+7.05%) and Inditex (+6.19%) have been other groups that have had the best performance during the five sessions.
Likewise, it is worth mentioning Activate Energy, which after leading last week, has added 5.38%. The company has surpassed its all-time highs and its next bullish target is at 44 eurosas highlighted by the experts at Bolsamanía.
THREE BANKS LEAD THE DESCENTS
On the contrary, the most pronounced declines these days have been those suffered by three banks. Specific, Bankinter has lost 12.67%; Sabadell it has fallen by 10.53%; Y CaixaBank 9.37% has been left. Global recession risks have weighed on their valuations. In this sense, it is worth noting the report recently issued by Julius Baer, in which the Swiss firm commented that “interest rate tailwinds are starting to fade on rising recession risks.”
Grifolswhich has fallen by 9.33% due to the threat that it will finally undertake a capital increase, and Telephonewhich has lost 3.08% after turning at its annual highs, have also had a negative week.