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el selectivo Ibex 35 se acercaba a la cota psicológica

English translation: the selective IBEX-35 index was approaching/closer to the psychological level/peak/benchmark


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:el selectivo Ibex 35 se acercaba a la cota psicológica
English translation:the selective IBEX-35 index was approaching/closer to the psychological level/peak/benchmark
Entered by: Smartranslators
Options:
- Contribute to this entry
- Include in personal glossary

15:34 Sep 25, 2006
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / stock market Spain
Spanish term or phrase: el selectivo Ibex 35 se acercaba a la cota psicológica
Otro más acerca del mercado Europeo.

"El mercado madrileño inició la sesión con ganancias y el selectivo Ibex 35 se acercaba a la cota psicológica de los 6.200 puntos, en una jornada en la que predominan las órdenes de compra en todas las plazas del Viejo Continente."
Francesca Samuel
United States
Local time: 11:25
the selective IBEX-35 index was approaching/closer to the psychological level/peak/benchmark
Explanation:
=> Nachrichten | Metrovacesa's Rivero committed to keeping co in ...MADRID (AFX) - Metrovacesa SA (Nachrichten) chairman Joaquin Rivero said he is committed to keeping the company in the selective IBEX-35 index and will take ...
www.finanznachrichten.de/nachrichten-2006-09/artikel-696994... - 16k - Cached - Similar pages


=> Nachrichten | Madrid shares AFX at a glance outlook <=-Fadesa will be in focus as it enters the selective IBEX-35 index today to replace NH Hoteles. -Elsewhere, Ferrovial will be eyed ahead of a conference call ...
www.finanznachrichten.de/nachrichten-2006-07/artikel-664905... - 17k - Cached - Similar pages
[ More results from www.finanznachrichten.de ]


Metrovacesa's Rivero committed to keeping co in IBEX-35 index ...MC - news) chairman Joaquin Rivero said he is committed to keeping the company in the selective IBEX-35 index and will take the necessary steps to recover ...
uk.biz.yahoo.com/060911/323/gls19.html - 21k - Cached - Similar pages


abertis14.01.92: Launch of selective Ibex35 index. 05.10.92: Record low of Ibex 35 at 1873.58 points. 12.09.94: acesa launches takeover bid for saba. ...
www.abertis.com/en/ai/18anys.php - 19k - Cached - Similar pages

Selected response from:

Smartranslators
Local time: 20:25
Grading comment
Muchas gracias por tu aporte el otro día.
Saludos desde Tucsón, AZ
Francesca
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +2the selective IBEX-35 index was approaching/closer to the psychological level/peak/benchmark
Smartranslators
4 +1the Ibex 35 (index) closed in on the psychological barrier
Dr. Andrew Frankland
4 +1the selective Ibex 25 approached (or) closed in on the psychological thresholdRebecca Jowers
4the exclusive Ibex 35 was reaching a psycological resistance level
Ronnie McKee
4the Ibex-35 indicator approached the psychological barrier
Antony Price
435 Ibex index were rising up to the psychological limitMMT


  

Answers


6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
35 Ibex index were rising up to the psychological limit


Explanation:
to the best of my knowledge

MMT
Local time: 19:25
Native speaker of: Native in SpanishSpanish
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5 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
the Ibex 35 (index) closed in on the psychological barrier


Explanation:
One option.

--------------------------------------------------
Note added at 8 mins (2006-09-25 15:42:55 GMT)
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or psychologically important barrier

Dr. Andrew Frankland
Spain
Local time: 20:25
Native speaker of: Native in EnglishEnglish
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
agree  Ronnie McKee: I like it, maybe it could be th "exclusive IBEX 35"
4 hrs
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10 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
the Ibex-35 indicator approached the psychological barrier


Explanation:
A Madrid stock exchange indicator of the continuous market similar to the Footsie on the London Stock Exchange in that it selects a limited number of companies (35).

For a definition of the IBEX-35 indicator http://www.finix.at/fin/ibex35_text.html

Antony Price
Spain
Local time: 20:25
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 6
1 corroborated select project
in this pair and field What is ProZ.com Project History(SM)?
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11 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +2
the selective IBEX-35 index was approaching/closer to the psychological level/peak/benchmark


Explanation:
=> Nachrichten | Metrovacesa's Rivero committed to keeping co in ...MADRID (AFX) - Metrovacesa SA (Nachrichten) chairman Joaquin Rivero said he is committed to keeping the company in the selective IBEX-35 index and will take ...
www.finanznachrichten.de/nachrichten-2006-09/artikel-696994... - 16k - Cached - Similar pages


=> Nachrichten | Madrid shares AFX at a glance outlook <=-Fadesa will be in focus as it enters the selective IBEX-35 index today to replace NH Hoteles. -Elsewhere, Ferrovial will be eyed ahead of a conference call ...
www.finanznachrichten.de/nachrichten-2006-07/artikel-664905... - 17k - Cached - Similar pages
[ More results from www.finanznachrichten.de ]


Metrovacesa's Rivero committed to keeping co in IBEX-35 index ...MC - news) chairman Joaquin Rivero said he is committed to keeping the company in the selective IBEX-35 index and will take the necessary steps to recover ...
uk.biz.yahoo.com/060911/323/gls19.html - 21k - Cached - Similar pages


abertis14.01.92: Launch of selective Ibex35 index. 05.10.92: Record low of Ibex 35 at 1873.58 points. 12.09.94: acesa launches takeover bid for saba. ...
www.abertis.com/en/ai/18anys.php - 19k - Cached - Similar pages



Smartranslators
Local time: 20:25
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 941
Grading comment
Muchas gracias por tu aporte el otro día.
Saludos desde Tucsón, AZ
Francesca

Peer comments on this answer (and responses from the answerer)
agree  MikeGarcia: Acapulco?? (Special for nice femenine former Portfolio Managers).-
28 mins
  -> ¡Y que digas! Saluditos, Marga

agree  Manuel Rossetti
1 day4 mins
  -> Many thanks emilysc
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1 hr   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
the selective Ibex 25 approached (or) closed in on the psychological threshold


Explanation:
I do not believe the reference is to a barrier or a limit, but rather to a threshold which will (hopefully) be surpassed. In that regard, in several Spanish stock market reports I have seen 6,200 points on the IBEX 35 mentioned as being the threshold between a bull market and a bear market. (But you will have to see if that fits your context).

Example:

El Ibex 35 (.IBEX) en el corto plazo escapó del canal bajista siguiendo un canal de reacción que le llevó hasta la resistencia de los 6.700 puntos, que no ha podido superar. Cae desde ese nivel y ha perforado el canal de reacción, con objetivo en el filtro del canal bajista que ahora fluye en torno a 6.200 puntos.
http://www.finanzas.com/noticias/bat23.asp?id=4868717



Rebecca Jowers
Spain
Local time: 20:25
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 193

Peer comments on this answer (and responses from the answerer)
agree  Paulo César Mendes MD, CT: I think "threshold" is the best word here. Depending on the market, it could be either a resistance or a support level. Moreover, the word "limit" could lead to confusion with stop/loss limits in leveraged trades.
6 hrs
  -> Gracias Paulo
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4 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
the exclusive Ibex 35 was reaching a psycological resistance level


Explanation:
Support and resistance levels are important tools for the technical analyst. By monitoring whether a stock's price is nearing a support or resistance level, ...
www.recognia.com/reference/tech_sr.htm - 26k - Cached - Similar pages

Ronnie McKee
Spain
Local time: 20:25
Works in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 67
1 corroborated select project
in this pair and field What is ProZ.com Project History(SM)?
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