IBEX 35 sell PlusUltra

The IBEX 35 is a stock index that was launched on January 14, 1992, by the Bolsa de Madrid, the primary stock exchange in Spain. The index is made up of the 35 most traded companies on the exchange that meet certain criteria, including liquidity and market capitalization.

The IBEX 35 quickly became a benchmark indicator of the Spanish stock market, providing investors with a snapshot of the health of the country's economy. It has also become a barometer of international investor sentiment towards Spain, with the index often rising and falling in line with global events that impact on the country's economic prospects.

Over the past two decades, the IBEX 35 has experienced significant volatility, with peaks and troughs reflecting the fortunes of the Spanish economy. The global financial crisis of 2007-2008 had a significant impact on the Spanish economy, and the IBEX 35 saw a dramatic decline in value, falling from over 15,000 points in November 2007 to below 6,000 points in March 2009.

Despite this, the index has recovered in recent years, and in 2021, it closed at its highest levels in over a year, reaching 8,425.2 points in July. The IBEX 35 continues to play an important role in Spain's overall economic landscape, providing a measure of investor confidence, impacting on everything from consumer confidence to job creation, and serving as a barometer of international investor sentiment towards the country.