Ibex 35 consolidates at 19,800 points despite the drag from Iberdrola and Repsol
Ibex 35 falls 0.26% to 19,800.60 points, with Iberdrola and Repsol leading the declines, while Amadeus and IAG support the index.
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Invesco expects the Spanish Stock Market to continue growing in H2 2026, driven by banking and energy sectors. Reduces exposure to Taiwan and Korea due to high valuations.
Ibex 35 falls 0.26% to 19,800.60 points, with Iberdrola and Repsol leading the declines, while Amadeus and IAG support the index.
Ibex 35 falls 0.71% to 19,710.8 points, weighed down by the 'ex-dividend' effect on Iberdrola, Repsol, and Acciona.
IBEX 35 opened down 0.30% to 19,794.7 points due to dividend adjustments from Iberdrola and Repsol after hitting record highs on Friday.
Bankinter keeps Indra in its five-value portfolio with a 15% weight, a buy recommendation, and a target price of €58.
The Ibex 35 nears 20,000 points, a historic milestone driven by banking and corporate profits, though with low household participation and high sector concentration.