Inditex’s recent behavior on the stock market before announcing its quarterly results (it will do so on December 13) repeats the same pattern: bullish rally in previous weeksA valley that declines on the day it publishes its accounts and then enters an upward trend.
And this is the pattern that is now being repeated three weeks after the proposal was submitted. third fiscal quarter resultsIt covers the central summer months.
The stock market closed the last ten days in the green, except for two small declines of 0.7%. Yesterday Monday it was up 1.8% and today it was up 1.5% after 13:00. As a result, Inditex shares are worth close to 37 euros (36,900) each. This is the highest figure in its history. The previous figure was 36.67 euros in June 2017. Six years ago.
Last year’s revaluation over 50%. With these figures, the market value of the A Coruña multinational company exceeds: 115,000 million.