Ibex Surges 4% in a Week, Hits Highest Levels Since 2015

In recent weeks, the Ibex 35 has been on an upward trajectory. On Friday, it closed at 11,154.6 points, up 3.96% from its weekly opening. This marked a significant milestone as it was the highest level the index has reached since August 2015.

The Ibex has gained ground in each of the past two weeks, with only four stocks ending in the red on Friday: Repsol, Redeia, Acerinox, and Naturgy. Ferrovial remained unchanged. The largest increases were seen in BBVA, Acciona, Grifols, Sabadell, and Acciona Energía.

Among the larger Ibex companies, BBVA, Santander, CaixaBank, Iberdrola, and Inditex also experienced growth. Spain’s risk premium closed around 78 basis points on Friday.

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By Aiden Johnson

As a content writer at newspoip.com, I have a passion for crafting engaging and informative articles that captivate readers. With a keen eye for detail and a knack for storytelling, I strive to deliver content that not only informs but also entertains. My goal is to create compelling narratives that resonate with our audience and keep them coming back for more. Whether I'm delving into the latest news topics or exploring in-depth features, I am dedicated to producing high-quality content that informs, inspires, and sparks curiosity.

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