Record profits for banking and a stroke of luck for the Ibex
Corporate earnings drive the Spanish Stock Exchange towards new highs
It took a whopping 18 years for the Ibex to recover the levels reached back in 2007. Blood, sweat, and tears, as Churchill would say. Eight months have passed since the selective achieved such a feat, more than enough time to reach new heights and have 20,000 points within reach. To achieve new highs, the Ibex needs a final push from its members and a favorable environment. Continue reading
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