Read more
9:09 AM · 22 March 2021

Chart of the day - SPA35 (22.03.2021)

SPA35
Indices
-
-

Spanish IBEX35 (SPA35) trades almost 1.5% lower today and significantly underperforms other European benchmarks. Index is being dragged down by shares of BBVA (BBVA.ES), Spanish bank with significant exposure to Turkey. Bank's shares trade 6% lower today after CBRT Governor was fired and given over 6% weight in the index, it makes IBEX the worst performing blue chips index in Europe today.

Index continues correction started last week and is already trading over 4% below recent highs. SPA35 dropped below the 200-hour moving average and upward trendline today and is attempting to break below the 8,350-8,380 pts support zone. This zone is marked with previous price reactions as well as the lower limit of local market geometry. Breaking below it would pave the way towards the next support at 8,250 pts.

Source: xStation5

4 November 2025, 6:51 PM

Daily Summary - Global Sell-Off: Stocks and Crypto Down

4 November 2025, 3:45 PM

US OPEN: Downward Pressure on U.S. Markets Amid Government Shutdown

4 November 2025, 12:58 PM

DE40: European indices in the shadow of risk-off sentiment

3 November 2025, 4:31 PM

US100: Wall Street's stronghold of growth❓

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits