The IBEX 35 index is a stock market index that represents the performance of the 35 largest companies listed on the Spanish Stock Exchange. The index is calculated based on the prices of the stocks in the index, and is widely used as a measure of the Spanish economy. It was introduced in 1992, and since then has been used by investors to track the performance of the Spanish stock market.
As any other famouse indices such as the Dax 40, Dow Jones or SPX500, it is a capitalization-weighted index, meaning that the larger companies have a greater impact on the index. It is also rebalanced every year to ensure that it remains representative of the Spanish stock market. As of 2019, the total market capitalization of the ibex 35 was over €1 trillion.
The IBEX 35 is the stock market index of Spain. It is a capitalization-weighted index composed of the 35 most liquid Spanish stocks traded on the Madrid Stock Exchange. The index is reviewed and adjusted every three months. As of December 31, 2020, the IBEX 35 had a base value of 100 points and was at 9,636.48 points.
The highest point ever reached by the IBEX 35 was 15,920.20 points on October 16, 2007. The lowest point was 6,735.10 on March 9, 2009. The index rebounded quickly after hitting its lowest point and has been steadily rising since then.
There are a number of important events that have affected the IBEX 35 over the years. In 2011, the European debt crisis caused the index to lose nearly 20% of its value in just a few months. In 2012, the introduction of new government policies helped to stabilize the index and it gradually began to recover. In 2017, concerns about Catalonia's independence bid caused another sharp drop in the index but it recovered soon after.
The IBEX 35 is an important indicator of Spain's economic health and is closely watched by investors around the world. It is expected to continue to rise in value in the coming years as Spain's economy continues to grow.
The index is reviewed every quarter, and companies are ranked according to their market capitalization. The components of the ibex 35 are not static; rather, they are constantly changing as some companies outperform others and move up in ranking while other companies fall behind and are replaced. As such, the ibex 35 provides a snapshot of Spain's top companies at any given time and can be used to measure changes in the country's economy.
While it is comprised of many different types of companies, it is dominated by banks and retailers such as Banco Santander, Repsol, Iberdrola, etc. In recent years, however, there has been a shift towards more tech-focused firms, with several new additions to the index coming from the software and telecommunications industries.
This change reflects Spain's evolving economy and its move towards a more digital future.
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* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
How is the Ibex 35 Index calculated?
The Ibex 35 is the benchmark stock market index of Spain, comprised of the 35 largest and most liquid stocks traded on the Bolsa de Madrid. It is a capitalization-weighted index, meaning that it is based on float-adjusted market capitalization which reflects the total value of shares available for public trading. The index is calculated using the free-float methodology developed by Standard & Poor's and adjusted daily. The current composition of the Ibex 35 includes companies such as BBVA, Santander, Telefonica, Iberdrola and Repsol.
What is the best time to trade Ibex 35?
The best time to trade the Ibex 35 depends on your individual trading style and goals. If you are a day trader, then it is generally recommended that you focus on the most active trading hours for the index between 9:00 AM and 5:00 PM CEST. This is when volume is typically very high in the market, which could translate into more profitable trades.
If you are a swing trader or long-term investor, then it is best to focus on the overall performance of the Ibex 35 over a longer period of time. Watch for trends that develop and monitor news events that could impact the index’s value. Also, look out for market levels where the index is particularly oversold or overbought, as this could provide an opportunity to buy or sell.
How does the Ibex 35 compare to other stock market indices?
In comparison to other European stock market indices, such as the FTSE 100 in the UK or the DAX 40 in Germany, the Ibex 35 has a smaller number of stocks which are included. This means that it is more vulnerable to changes in individual stock prices, and so its performance can be more volatile than other indices.
However, the Ibex 35 does offer a good way for investors to gain exposure to Spanish companies and to benefit from any positive performance in Spain's economy.
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