Ibex 35 closes flat and holds above 20,000 points in cautious session across Europe

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Consejeros Editorial TeamThe Ibex 35 closed virtually flat on Monday, down 0.01% to 20,173 points, in a session marked by investor caution. The Spanish benchmark index thus held onto the 20,000-point mark, having reached recent highs last week. Estimates point to growth of around 21 per cent in second-quarter profits for companies in the index. The Sentix index rose by four points in August to 0.9, entering positive territory for the first time during this recovery phase. Current conditions improved by 6.8 points, whilst expectations rose by 10.3 points.