The IBEX 35 Better, impossible: 17.5 -year -old eighths and best May session thanks to Indra

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By Jack Ferson

The Spanish bag can hardly do better. It presents its best start of the year since 2008, accumulated increases of 23% and eight consecutive sessions of maximums, which now place the IBEX 35 in their best positions Above 14,300 points since January 2008, 17.5 years.

In case all this were not enoughmark the best session of the month of May, that could overcome the February magnificent, so far the best of exercise, for its continued increases.

More can not be asked with increases of almost all values ​​in this session in which calm and tranquility are the flagship of the market, with Indra and the banks pulling the selective. The first thanks to its good recommendations and the second because it is still the star sector of the exercise, in addition to the most pondera to consolidate those maximum after maximums presented by the Spanish selective.

In this way, and at the close of the session, the IBEX 35 advances 1.59% up to 14,323.10 points, with the increases of values ​​such as Solaria 4.89%, Indra 4.72% and acts renewable energy 3.45% and only with the cuts within the selective that marks Puig of 0.82% and Inditex of 0.10%.

Among today’s news, Indra stands out with the applause of the market to the last recommendation that is put on the table and that leaves those we knew so far, even to the BNP Paribas on the value, which placed its target price, already exceeded in the 33 euros per share.

And the analysts of Kepler Cheuvreux They believe that the actions are far from having a roof. Today they have decided to raise Indra’s recommendation to ‘keep’comprar‘, an improvement that brings a rise also of the target price, which goes from 20.5 to 37,50 euros. The new assessment is a 18% bullish potential in front of yesterday’s closure.

The market has set aside the meeting of the Board of Directors in which The general director of the Indra Technology subsidiary (Minsait), Luis April, has resigned from his positionwhich will leave when your mandate ceases as the Executive Counselor of the Group on June 23, as confirmed to Europa Press. According to the agency, its departure should, among other issues, to its disagreement with the course of the execution of the company’s strategic plan.

Meanwhile, also Kepler Cheuvreux reduces the recommendation of the repsol oil company of «buy» to «maintain» due to the planned pressure on oil prices in the next quarter, while cutting the assessment of the energy to 12.5 euros from 14.5 euros.

Also today, from Goldman Sachs, maintain their sale recommendation on the shares of Inmobiliaria Colonial to those who continue to see with negative potentialdespite raising its target price of 4.80 to 5.14 euros.

For his part, Merlin Properties stays in a much better position. Goldman Sachs analysts believe it is a value To buy. In addition, they raise their target price from 13.40 to 13.50 euros, which gives it a 26.9% potential In the IBEX, having the 10.64 euros in which they currently quote their shares.

Already as far as banks are concerned, Bankinter pronounces today on some of them and highlights the greatest potential for CaixaBank, with possible progress up to 11.2%, while opting for purchase recommendations, with a target price of 8.30 euros per share compared to 7.47 euros of yesterday closing.

Also Citi considers that the value is a purchase with PO of 8.5 euros per share.

Already in the rest of Europe, advances also generalized with health care, utilities and non -cyclic consumption while technology is the only sector, and by the minimum, which is shown down.

For the second consecutive session, beam Novo Nordisk above 4.7%, to which it adds British American Tobacco y Novartis. On the other side, in the descents we find UBS, Allianz y BASF.

In this way, at the end of the market, the EURO STOXX 50 rises 0.51% to 5,454 points, CAC 40 has closed with 0.74% increases to 7,942 points, the Dax advances a 0.51% to 24,027 points and the FT 100 from Londonwith revaluation of 0.95% to 8,782 points.

Already in Wall Street, the first break arrives after six consecutive days of climbing for the S&P 500 and with 17 of the last 20 sessions in positive.

Among the protagonists, Home Depot, who has taken advantage of the presentation of its quarterly results for reiterate your sales forecast in the year and declare that you will not raise prices to consumers Despite the tariffs, quite the opposite that Walmart had pointed out.

Apple’s shares, the world’s largest capitalization company, move slightly down. Today it has been known that iPhone shipments and Apple devices from China to the US fell to its lowest level since 2011, showing the shock caused by Trump’s tariffs.

In the financial sector, Bank of America reiterates its upward position on JPMorgan Chase after its Investor Day. «On the day of the investor provided great support to the market, with the management focused on optimizing the ROE through the efficient growth of the business, while guaranteeing the resilience of the ROE through investments to ensure sustained growth,» writes the analyst Ebrahim Poonowala. The objective price sets it on the 300 dollars per share, with a bullish potential of 13% in front of Monday’s closure.

At the close of the Spanish market, the Dow Jones IND AVERAGE drops 0.27% and is placed at 42,674 points, with a S&P 500 cuts 0.34% to 5,942 points and a Nasdaq OMX that descends 0.45% to 19,128 points.

Already in the fixed income, the profitability of the assets rises, With 0.62% advances the Spanish bonus to 10 years to 3,224% while, the German Bund places its performance at 2,6065% and gains 1.11%. The risk premium drops 1.35% to 61.90 basic points.

In oil, descents for the price of the future of the barrel Brent that quotes at $ 65.16, with cuts of 0.58 %% and for the West Texas, which yields 0.56% to $ 61.79.

Gold futures advance positions, a 1.43, up to $ 3,281.

The euro dollar records rises of 0.17%, up to 1,1261unities and bitcoin that remains at opening levels, in the 104,805 dollars per active.

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