Monday, August 8

The IBEX 35 saves 9,000 points for the results of the bank and adds 1.5% weekly

The IBEX 35 managed to chain two consecutive sessions this Friday above 9,000 points thanks to the latest results presented by the bank.

It is the first time that the index has established itself above this barrier since the summer.

The selective added 0.3 percent to mark 9,057 points at the close, its highest level since the end of June.

The level of 9,000 points resisted the IBEX in recent months to the point of becoming a one-day flower, since if one day it managed to mark a higher close, the next it would end up losing the level.

BBVA, engine with its results

The last rise was influenced by the results presented by BBVA, which acted as the engine of the IBEX after soaring 7 percent.

The bank earned more than $ 3.3 billion through September and kicked off its share buyback program, attracting more investors.

The shares of Viscofan after the company presented its accounts on Thursday. Until September, the meat wrapping company earned close to 100 million, 13 percent more than in the same period of 2020.

Sabadell, Arcelormittal and CIE Automotive, which have already yielded their accounts to the market, totaled more than 1 percent.

Good performance also of the tourist prices after the United Kingdom opened a greater number of routes with Spain. Amadeus earned 1 percent and IAG, parent company of Iberia and British Airways, appreciated 0.9 percent.

Caixabank and Fluidra, face ‘B’ of the results

The biggest losses, meanwhile, were recorded by the shares of Caixabank and Fluidra, companies that presented their quarterly figures between Thursday and this Friday and ended with falls of more than 4 percent.

In the case of the bank, the merger with Bankia continued to be the main support for the accounts. Caixabank thus earned 4,800 million euros in the first nine months, nearly seven times more than the profit obtained in the same section of 2020.

The pharmaceutical Pharmamar it fell 3.8 percent after setting a goal to sell its antitumor Zepzelca alone in Europe, thus shutting out Ireland’s Jazz Pharmaceuticals, learned.

Colonial, Cellnex and Ferrovial Real Estate, meanwhile, fell more than 1 percent and were behind as the worst values ​​of the day.