Invertia The Ibex knocks on the doors of 8,800 points with an advance of 0.2%

European stocks insisted on gains for the second session in a row, though not without difficulty. The rebound was consolidated thanks to the consistency of the message from the central banks and some macroeconomic references. The Ibex 35 added 0.16% to raise its graph to 8,770.3 points.

With this bullish tone, the parquets of the Old Continent took over from the Asians, which have recorded generous gains, as in the cases of the Nikkei 225 in Tokyo (+1.9%) and the Hang Seng in Hong Kong (+2.8%). The insistence of the central banks in their message of defense of the economic recovery felt good.

In the case of the Spanish selective, the advances were led by the metallurgical tandem made up of ArcelorMittal (+6.5%) and Acerinox (+3.2%). Although the gap between the two was more than considerable. In fact, very close to second was Bankinter, 3.1% up.

Other heavyweights of the Ibex were also at the top of the revaluation table. BBVA added 2% to its chart while Repsol found momentum 1.8% higher on the day it announced its complete withdrawal from Russia with the sale of its last assets in the country to Gazprom.

At the other extreme, PharmaMar retraced a good part of the vertiginous rise of the day before. Falls of 12.9% at closing for the pharmaceutical company that yesterday closed with increases of 18% after learning that its Aplidín would also be effective in the fight against omicron.

Red also reached the charts of Naturgy (-2.2%) and Amadeus (-1.9%), although at a more than significant distance from the pharmaceutical company.

With all this scenario, the Ibex 35 was placed without consummating it on the lookout for the recovery of 8,800 points. However, its main challenge remained in breaking through the resistance of the long-term moving average at 8,837.28 points. A level with which the selective could not last week.

The inflation data in the US also contributed to the upward momentum of the stock markets. Despite its rise to 7% in December in the interannual rate, the market was already expecting this jump to levels not seen in the last four decades. In addition, the step forward that the Federal Reserve (Fed) has taken to contain its expansion helped investors to make a positive reading of this drastic increase in the cost of living in the largest economy in the world.