Four factors that may leave the Ibex lagging 10% behind
El rally muy superior al resto de índices europeos ha llevado al Ibex a los 20.000 puntos. Finalizada la temporada de resultados locales, los analistas de Bank of America aconsejan infraponderar la inversión en España al predecir un "comportamiento inferior próximo al 10%" en el Ibex. Leer
The Ibex index has surpassed 20,000 points, driven by a rally that has outperformed other European indices. However, analysts at Bank of America advise underweighting investment in Spain, predicting a nearly 10% inferior performance in the Ibex. They cite four factors, including the index's high correlation with the performance of banks and utilities, which have driven its growth so far, but may now experience a downturn.
Bank of America prefers investment in the UK, Switzerland, and Germany, and is neutral on France. The firm's projections imply a 10% inferior performance for Spain.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
