Ibex 35 approaches 19,600 points after rising 1% due to oil surge
Ibex 35 rises 1.05% to 19,585 points, driven by oil at $95 and corporate earnings. ECB meets this Thursday.
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The Ibex 35 rises 0.65% and nears 19,900 points, driven by the moderation of oil prices and the earnings season.
Ibex 35 rises 1.05% to 19,585 points, driven by oil at $95 and corporate earnings. ECB meets this Thursday.
Bankinter expects stock markets to improve this week supported by the ECB and corporate earnings, with inflation moderating and oil under control.
Earnings season in the US begins with more reasonable valuations, but focus shifts to forecasts. Federated Hermes warns AI must start generating returns.
STOXX 600 rises 0.16% weighed down by Middle East tensions, despite good corporate results.
Ibex 35 closes the week down 2.35% at 19,384.7 points, weighed down by tensions between the US and Iran.
The Ibex 35 closes at 19,852 points, just shy of 20,000, after a 2.2% weekly rise. Banking drives the rally, but earnings and external factors will shape the week.