Ibex 35 at maximum for the year as risk premium eases
Stock market underpinned by expectations that Spain’s recession has finally run its course
The Spanish stock market’s blue-chip Ibex 35 index on Wednesday hit its highs for this year as Spain’s risk premium dropped to its lowest level since 2011.
The financial markets have also been buoyed of late by anecdotal evidence that the Spanish economy will emerge from recession this quarter.
By the close, the Ibex 35 was up 0.84 percent at 8,875.20 points, a level it last saw in February of last year. All of the components of the index advanced with the exception of giant fashion retailer Inditex.
The spread between the yield on the benchmark 10-year government bond and the German equivalent opened at 240 basis points, its lowest level since June 2011, before closing at 243 basis points.
Tu suscripción se está usando en otro dispositivo
¿Quieres añadir otro usuario a tu suscripción?
Si continúas leyendo en este dispositivo, no se podrá leer en el otro.
FlechaTu suscripción se está usando en otro dispositivo y solo puedes acceder a EL PAÍS desde un dispositivo a la vez.
Si quieres compartir tu cuenta, cambia tu suscripción a la modalidad Premium, así podrás añadir otro usuario. Cada uno accederá con su propia cuenta de email, lo que os permitirá personalizar vuestra experiencia en EL PAÍS.
¿Tienes una suscripción de empresa? Accede aquí para contratar más cuentas.
En el caso de no saber quién está usando tu cuenta, te recomendamos cambiar tu contraseña aquí.
Si decides continuar compartiendo tu cuenta, este mensaje se mostrará en tu dispositivo y en el de la otra persona que está usando tu cuenta de forma indefinida, afectando a tu experiencia de lectura. Puedes consultar aquí los términos y condiciones de la suscripción digital.
Últimas noticias
The metaverse, four years later: Is it finished or just at a standstill?
$3,000 and a plane ticket: The United States increases incentives for migrants to self-deport before the end of the year
Charles Dubouloz, mountaineering star, retires at 36 with a farewell tour inspired by Walter Bonatti
From the White House to diplomatic gifts: Lego wins over adult fans, brick by brick
Most viewed
- Families demand repatriation of bodies of Colombians who died in Ukraine: ‘This war is a slaughterhouse for foreigners’
- The low-cost creative revolution: How technology is making art accessible to everyone
- Liset Menéndez de la Prida, neuroscientist: ‘It’s not normal to constantly seek pleasure; it’s important to be bored, to be calm’
- Christian Louboutin: ‘Young people don’t want to be like their parents. And if their parents wear sneakers, they’re going to look for something else’
- Christmas loses its festive spirit: ICE fears cast shadow over religious celebrations
