The IBEX 35 Index Spain’s Economic Barometer
The IBEX 35 is the main stock market index of Spain, and it works as a mirror of the country’s economy and financial health. Launched in 1992, this index includes the 35 most liquid and heavily traded companies listed on the Bolsa de Madrid, Spain’s biggest stock exchange. It is calculated and managed by Sociedad de Bolsas, which is a part of Bolsas y Mercados Españoles, the company that oversees Spanish securities markets. The IBEX 35 is a capitalization-weighted index, meaning that companies with larger market values affect the index more. Because of this, the performance of Spain’s biggest firms in banking, energy, telecommunications, retail, and construction strongly influences the daily movement of the IBEX 35, making it an essential tool for investors worldwide.
The History of the...