The Ibex 35, without brakes, hits a new all-time high and closes at 17,041 points
The Ibex 35 is experiencing a few weeks of heart attack. The benchmark index of the Spanish stock market closes above 17,000 points for the first time in its history, a level that it touched last Friday intraday, although it failed to consolidate. The momentum of the banking sector and tourism stocks such as IAG have been decisive in a day that has ended with an increase of 1.1%, the highest among the stock markets of the Old Continent, behind the Italian FTSE MIB, which recorded an advance of 1.4%.
The upward momentum continues in the big week of the European Central Bank (ECB), which is expected to keep interest rates at 2% at its meeting next Thursday. The picture of all European markets is positive, with a rise of 1% in the FTSE 100, followed by the French CAC 40 (+0.7%) and the German Dax lags behind with a timid rise of 0.18%.
