Ibex 35 weekly balance: Sabadell soars again, Solaria rebounds and BBVA suffers

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By TP

After a brilliant first quarter, The Ibex 35 closed the week with losses of 2.69% in a process of collecting profits and due to the burden of BBVA, which has given up positions very sharply after announcing its interest in taking control of Banco Sabadell. In the short term, according to BitcoinDynamic experts, the correction could extend to 10,729 points, without ruling out the area of ​​10,500 integers, April lows. From above, On the resistance side, these analysts point to the area of ​​11,100 points as the first barrier to overcome.

Regarding values, The most bullish of these five sessions has been precisely the entity of Catalan origin (+11.54%)whose shares accumulate in the year a meteoric rise of 64% in the year thanks to the good moment that the financial sector is experiencing, its positive accounting figures and the purchase offer launched by BBVA.
Solariawith a rebound of 7.42%, has placed itself in second place in a rebound movement after the harsh punishment that the group has been suffering since the beginning of the year.
Unicaja (+6%), Grifols (+5.96%), Acciona Energía (+4.83%), Cellnex (+4.56%), Acciona (+4.30%) and Naturgy (+3%) They have been other of the titles that have offered the best performance during the week. BBVA AND CAIXABANK LEAD THE CUTS On the contrary, BBVA, due to the aforementioned acquisition offer for Sabadell, has been the company that has performed the worst. Specifically, after climbing very strongly between January and April, The Basque entity has closed these days with a decline of 10.37%.
CaixaBankanother of the most bullish companies in the national index for 2024, has also been at the bottom of the weekly ranking (-6.95%), like Santander (-6.59%) and Inditex (-5.56%). The collection of capital gains after the large previous increases has also taken its toll in these sessions rovi (-2.53%), to Repsol (-2.34%) already Mapfre (-1.67%).


Weekly variations Ibex 35