The European indices and especially the IBEX 35 are facing a final stretch of the year with a lot of volatility, due to the irruption of the omicron variant, about which conflicting information arrives, and also with the inflation that is still present and that can force act to central banks.
As explained Victoria Torre, from Singular BankConcern about inflation is already becoming quite central in the main economies, and depending on how this withdrawal of stimuli is handled, we will see a disparate evolution of the affected assets.
In the case of the Ibex 35, contrary to what one might think, it is expected that it could be one of the few positive European indices. The reason is that some of its other comparables have made significant increases this year and have run out of upside potential.
On the contrary, in the case of the Spanish selective, there are several companies that are also the ones that have the most weight in the selective and that still have that upward potential that could be exploited. This is the case of large banks such as BBVA and Banco Santander or also Iberdrola or Inditex. “They could be some of the protagonists of next year and make the Ibex 35 have a boost above that of other European stock markets,” explains the analyst.