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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