The Ibex 35 Breaks All Records and Conquers 19,800 Points After Climbing 2.2% in the Week
5 Articles
5 Articles
The investment drive has been installed on the stock markets during the last day of the session and helps consolidate the jump to historical peaks. To the lower expectations of a rise in interest rates in the United States in the face of the labour market cooling, it has followed the publication this Friday of the Eurozone services PMI indices, which manage to leave behind the contraction phase due to the conflict in the Middle East. The indicat…
The Spanish stock market has lived a week for history. The Ibex 35 chained its fourth consecutive record and stayed at the doors of a level that looked like a mirage just a couple of exercises ago: the 20,000 points. In the Friday session, the index closed at 19,850 points, after a weekly rise of 2.2%, according to the data that Expansión manages. The movement was not an isolated episode. It is the fourth week up, a streak that has added more th…
FRANKFURT, Germany—Major European markets closed higher on Friday, with Madrid's benchmark Ibex 35 index rising 0.92% to climb above 19,800 points. The euro held steady around $1.1450 following the release of positive economic data from the eurozone. Trading was quiet due to the U.S. Independence Day holiday, which closed markets. Around 3:00 p.m. GMT, the euro was trading at $1.
The Ibex 35 reached a new all-time high, closing the week above 19,800 points after a 2.19% weekly gain. This surge came amid the memorandum of understanding signed between the United States and Iran to cease hostilities in the Middle East, a factor that led to a drop in the price of crude oil to $71. As a result, Spain's main stock index closed Friday's session with a 0.92% increase, reaching 19,852.40 points.
The Ibex 35 has reached a new historical record by the end of the week above 19,800 points after a revalued 2.19% weekly, in a context marked by the memorandum of understanding signed between the United States and Iran to cease hostilities in the Middle East, a factor that has led to the lower price of crude up to 71 dollars. Specifically, the main Spanish stock market index closed the session this Friday with an increase of 0.92%, to reach 19,8…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
