All About IBEX 35 Index: A Comprehensive Guide

What is IBEX 35 Index?

The IBEX 35 is the main stock market index in Spain. It represents the 35 most liquid and traded companies on the Madrid Stock Exchange. The IBEX 35 was launched on January 14, 1992, with a base value of 3,000 points. It is calculated and published by the Sociedade de Bolsas, which is the Spanish stock exchange operator.

How is the IBEX 35 Index Calculated?

The IBEX 35 is a market capitalization-weighted index, which means that the value of each company in the index is weighted by its market capitalization. The market capitalization of a company is calculated by multiplying the number of shares outstanding by the current share price. The IBEX 35 is calculated in real-time and is published every second during trading hours.

What Companies are Included in the IBEX 35 Index?

The companies that are included in the IBEX 35 index are the 35 most liquid and traded companies on the Madrid Stock Exchange. These companies represent a wide range of industries, including banking, telecommunications, energy, and construction. Some of the most well-known companies in the IBEX 35 include Banco Santander, BBVA, Telefonica, Repsol, and Iberdrola.

How is the IBEX 35 Index Used?

The IBEX 35 index is used by investors to track the performance of the Spanish stock market. It is also used by fund managers to create investment products that track the index. The IBEX 35 is considered to be a barometer of the Spanish economy and is often used by economists to gauge the health of the country.

Conclusion

The IBEX 35 index is the main stock market index in Spain and is a valuable tool for investors and economists. It is a market capitalization-weighted index that represents the 35 most liquid and traded companies on the Madrid Stock Exchange. The IBEX 35 is used to track the performance of the Spanish stock market and is a barometer of the Spanish economy.