The Ibex35 index grows steadily for the second day in a row

Capricorn35 ends the new day on the rise and reaches 11930 points after recovering by 0.67%. The Spanish selective index breaks the downward trend recorded in Europe, where only the DAX manages to close in positive territory, and remains close to the 12,000 barrier in a week during which markets await a decision from the European Central Bank, which could cut rates to 25 basis points, according to forecasts.

Actions that stand out in Ibex35

Among the growing values ​​of Ibex35, IAG stands out with growth of almost 5%.due to the optimism of analysts and the good prospects for the tourism sector in Spain. For the same reason, Aena registered growth of 2%. Companies such as Iberdrola and Endesa also performed well.

On the opposite side of Ibex35, Solaria led the decline with a 3.5% decline. This was influenced by a reduction in the price target by a previously bullish analyst firm. ArcelorMittal and Repsol each lost almost 2% with unfavorable prospects due to the situation in China and falling oil prices, respectively.

Other Key Markets

With the exception of Ibex35, the day was mostly negative in Europe, with the exception of Ibex35 and the German DAX, which showed slight gains. The notable news was the disappointing result of ASML, which reported order volumes well below expectations and revised down its 2025 forecast, sending its shares down 15.7%.

In the US, the day also turned out to be negative: the semiconductor sector was affected not only by the ASML results, but also because of the Biden government’s possible restrictions on chip exports on national security grounds.which could cause instability in a sector that trades at high multiples.

The price of oil fell more than 2% after Israel confirmed to the United States that it has no plans to attack key oil facilities in Iran, reducing the geopolitical premium to the price of crude oil. Despite the fall, Brent and WTI continue to trade above $70 per barrel.