Despite the doubts generated by the results of the large Spanish banks already pressure suffered by the software sector due to advances in artificial intelligencehe Ibex 35 has managed to avoid losses this week. Specifically, our selective has scored 0.35% in the five sessions, reinforcing its good technical aspect. Not in vain, as BitcoinDynamic experts highlight, the Spanish index could continue to rise in the short term, with a first objective at its historical highs, 18,271 points. Below, the first relevant support places it at 17,241 integersa level very far from current prices. ARCELORMITTAL CONTINUES AT FULL PERFORMANCE Regarding specific securities, the most notable increases of these days have been those registered by ArcelorMittalwhich has gained 11.38%, continuing its magnificent start to the year. And since January 1, the steel group has accumulated a revaluation close to 30%. In these sessions, the increases have been supported by both their annual results as for one improvement in its target price by Deutsche Bank.
Logisticswith an advance of 8.76%, has been another of the great protagonists of the week, also driven by the good reception of its business results. The podium of these days has been completed Sacyrwhich has risen 7.36%, at a particularly favorable technical moment for the construction company. In fact, the value has managed to mark new all-time highsentering free climb. He has also highlighted Acerinoxwhich has appreciated by 6.39%, supported by the good moment that the steel sector is going through. Along with it, two telecommunications companies have registered significant advances: Telephonewhich has gained 5.97%, and Cellnexwith an increase of 5.46%, both recovering from the losses accumulated in previous weeks.
Besides, Aena 5.45% has been recorded, Ferrovial 5.19%, IAG 4.50%, Redeia 4.18% and Inditex 3.89%, thus completing the group of values that have shown the best performance in these five sessions. INDRA AND AMADEUS, THE MOST PUNISHED OF THE WEEK On the contrary, the biggest falls of the week have corresponded to Indrawhich has lost around 10%, weighed down by the collection of profits after the strong increases accumulated in previous months and by a new focus of corporate uncertainty.
The value has been penalized by the doubts about the operation with EM&Eallegedly paralyzed by the Government, and by the unknowns in terms of governance, despite the fact that its president has denied any pressure to resign.
Together with Indra, Amadeus (-7.91%) has also been among the most bearish titles of the week, affected by the pressure that the software sector continues to suffer in the face of advances in artificial intelligence and by a sectoral rotation that has punished several selective technology companies. Likewise, the week has been negative for the banking sector, penalized by the reading of the 2025 results. Sabadell and BBVA have ended with declines close to 6%, while Unicaja has lost 4.64%. It has gone better for Bankinter (-0.03%), Santander (-1.11%) and CaixaBank (-2.55%). Outside the financial sector, Solaria (-4.90%) has also remained in the caboose, immersed in a profit collection process.
Weekly variations Ibex 35