There are several IBEX 35 stocks that start the year with significant gains, mainly banks, with Grifols and Colonial also sneaking in with a positive start to the year. These are two stocks that have not performed particularly well and ended last year in the black.
As explained by Manuel Pinto, Accounting Manager at XTB, For this year 2023, it is expected that the growth for banks will continue. due to rising interest rates, which allows banks to increase their margins. In addition, as he notes, the latest macroeconomic data show that the pace of economic growth is slower than expected. This Wednesday, it was announced that the euro zone’s December PMI halted its decline, posting the best reading in five months and suggesting a softer-than-expected decline.
Over the past week, these are the IBEX 35 values that have recovered the most positions;
The trend for Grifols in 2022 was negative. But since the price was 7.75 euros in October, it seems to have bottomed out and slowly recovered. Since November, it has remained stable in the lateral zone, which it managed to break at the beginning of the year. Now it describes an upward trend with an upward trend of the minimum and maximum, which allows us to set a growth forecast up to 12.5 euros per share.
In the case of Inmobiliaria Colonial, we also saw significant declines in 2022. The €4.65 tax he mentioned in October already seems far-fetched. It could rise to 7.25 euros, which served as key support in early 2022. The first tier will be €6.70, and if the next one breaks them, it will already be €7.25 per title.
Check all Ibex values technical indicators here and access updated trading strategies and index and value analysis in our premium area.