Despite recent weeks of declines, Indra’s technology and defense shares have accumulated a gain of over 25%, buoyed by support levels as they aim for new highs.
International Airlines Group (IAG) shares hit new highs on the Spanish stock exchange, benefiting from declining oil prices, a robust share repurchase program, and resilient flight demand despite rising ticket prices. The stock gained 8.8% over four consecutive sessions.
Amadeus, the second worst performer in the Ibex 35 in 2026, receives relief as bearish investors close their short positions. Analysts see upside potential of 28% for the technology firm.
Indra stock is approaching its historical highs from early March, with punctual corrections notwithstanding, suggesting the value is accelerating towards its annual and historical maximum levels.
Spanish stock market report covering strong performance of major companies in May. ArcelorMittal, Indra, IAG, Acerinox and Amadeus showed gains ranging from 11% to 20.6%, with additional companies outside the Ibex index like Cox also advancing over 15%.