Ibex 35 Nears Pre-Iran War Levels: A Breakout Looming?

Ibex 35 Recovery: Spanish Market Edges Toward Pre-War Peaks Amid Global Volatility MADRID — The Spanish benchmark index is staging a formidable comeback, narrowing the gap to its previous highs as a combination of macroeconomic signals and fragile geopolitical truces fuel investor optimism. Market analysts are closely monitoring the Ibex 35’s trajectory toward levels seen … Read more

Spanish Firms Hit Record €71.1B Profit in 2023 | EL PAÍS

Spanish Corporate Profits Soar to Record €71.118 Billion in 2023 Madrid – Spanish companies experienced an unprecedented surge in profitability during the past year, collectively earning a record €71.118 billion, according to recent reports. This marks a significant increase in earnings, fueled by a combination of factors including robust domestic demand, a rebound in tourism, … Read more

Telefónica Delisting: Ends Wall Street Trading Soon

Telefónica to Delist from Wall Street After Four Decades In a significant shift for the Spanish telecommunications giant, Telefónica has announced its intention to delist from the New York Stock Exchange (NYSE) within the next ten days. This move marks the end of nearly four decades of trading on Wall Street, as the company refocuses … Read more