Puig and Inditex Boost Ibex 35 in a Day of Sector Rotation
Puig and Inditex lead the Ibex 35 gains in a sector rotation day, with banking support and technology under pressure over AI doubts.
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Goldman Sachs, Bankinter and Renta 4 select Indra, BBVA, Naturgy, Santander and Inditex as their top picks from the Ibex 35 for H2 2026.
Puig and Inditex lead the Ibex 35 gains in a sector rotation day, with banking support and technology under pressure over AI doubts.
Ibex 35 is flat at 19,700 points, with Logista, Inditex and Telefónica rising, while Samsung drops 7% in Seoul despite multiplying its profits.
Ibex 35 rises 0.24% to 19,730 points, driven by oil after an attack on a ship in Oman. Telefónica and Inditex lead the gains.
The Ibex 35 rises after the peace agreement between the US and Iran, led by tourism and airlines like IAG and Amadeus.
Invesco expects the Spanish Stock Market to continue growing in the second half, driven by banking and energy sectors.
Invesco is confident in the Spanish Stock Market despite the Ibex rally and sees potential in banks and utilities. It advocates for emerging markets and diversification with gold and real estate.
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.
Santander surpasses Inditex as the most valuable company on the Spanish stock market, with a capitalisation exceeding €80 billion.
Ibex 35 falls 0.2% to 18,879 points, weighed down by Acciona, Endesa, and Solaria. Other European markets rise, awaiting NATO summit and earnings season.