IBEX 35 Share Stock market as of 12:00 AM EDT 08/11/23 closed at 9,434.30 |–67.90–0.71%.
The IBEX 35 is like the VIP list of the Spanish stock market. It’s a stock market index that showcases the performance of the 35 most traded companies on the Bolsa de Madrid (Madrid Stock Exchange). Think of it as a snapshot that gives you an idea of how the Spanish economy’s big players are doing.
The closing price of Red Electrica SA shares on the previous trading day was 10.50 EUR. With a 10,000 EUR investment made 10 years ago, investors would now have 952,381 Red Electrica SA shares in their portfolio. The held shares would be worth 14,476.19 EUR on 10th August 2023, as the latest price was 15.20 EUR. With a performance gain of +44.76 percent, the investment would have developed positively.
What is Ibex 35?
The IBEX 35 is the benchmark stock market index of the Spanish stock exchange, and it measures the joint behaviour of the 35 most traded companies (those that arouse the greatest and most frequent buyer and seller interest among shareholders), from among those listed on the Electronic Stock Market Interconnection System (SIBE) in the four Spanish stock exchanges (Madrid, Barcelona, Bilbao and Valencia).
Which companies make up the IBEX 35 Share Stock market ?
The Ibex 35 is made up of the companies in the Spanish stock market which, after an analysis by the technical advisory committee, best meet the parameters of:
- Capitalisation
- Liquidity
- Volume traded
It is therefore somewhat of a myth to assume that it is necessarily the largest companies in the market that make up the Ibex 35, as it is more like an average of these indicators. However, it is a market capitalisation-weighted index (number of shares in circulation by price per share), i.e. not all the securities included in it have the same weighting.
Large-cap companies have more and, therefore, their ups and downs will have a greater influence on the movement of this index, so you have to watch them very carefully.
The IBEX 35 Share Stock market shows the state of the stock market and is a good indicator of the state of the Spanish economy. In fact, analysing its evolution since its creation on 14 January 1992, you can get an idea of what has happened to the Spanish stock market over the last twenty years.
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How are the stocks that form part of the Ibex 35 index chosen?
The Ibex 35 is made up of the 35 most important companies in Spain. The selection of these is decided by a group of experts known as the Technical Advisory Committee (CAT), which meets twice a year (usually in June and December, although extraordinary meetings can be held) to evaluate the importance of companies on the stock market. To do so, they take into account certain factors such as:
- Unit price per share.
- Change in percentage and in euros with respect to the previous session.
- Volume of shares traded in a session, specified in euros.
Capitalisation: is the market value of the company, the number of shares in circulation multiplied by the price of each one.
PER: is an indicator which, calculated in reverse, indicates the return on investment over the year if that value were to remain constant.
Dividend yield: is the result of dividing the expected dividend by the price of each share.
What does a share have to have in order to be part of the Ibex 35?
For a share to be an IBEX 35 Share Stock market – Ibex 35 candidate, it must pass some minimum filters:
Average capitalisation. The average capitalisation of the future member must be greater than 0.30% of the average capitalisation of the Ibex 35 during the control period (the six months between meetings).
This means excluding small-cap stocks.
Trading. The second filter establishes that the stock must have been traded in at least one third of the sessions during the control period.
Overview of Market Data – IBEX 35 Index
IBEX: IND (EUR) As of 12:00 AM EDT 08/11/23
Market closed.
9,434.30 |–67.90–0.71%
IBEX 35 Share Stock market
To further understand the IBEX 35 share stock mark, let’s answer the following questions:
- Who’s on the List?
- What’s the Buzz?
- Why Does It Matter?
- How Can You Get in on the Action?
Who’s on the List?
You’ll find a mix of well-known Spanish companies from various industries on the IBEX 35. We’re talking about giants like Banco Santander, Telefónica, Inditex (the parent company of Zara), and many more. These companies are like the rockstars of the Spanish business scene.
What’s the Buzz?
When you hear about the “IBEX 35 is up” or “IBEX 35 is down,” it’s like hearing about the mood of the stock market party in Spain. If the index goes up, it means that, on average, the prices of these 35 companies’ stocks have gone up. And if it goes down, well, you get the idea.
Why Does It Matter?
The IBEX 35 isn’t just numbers and graphs. It’s a window into the economic health of Spain. When the index is booming, it’s a sign that the economy is doing well, businesses are thriving, and investors are feeling good. On the flip side, a dip might signal some economic turbulence.
How Can You Get in on the Action?
Investing in the IBEX 35 isn’t rocket science, but it’s not a game of chance either. If you’re thinking about investing in Spanish companies, tracking the performance of the IBEX 35 is a smart move. It’s like having your finger on the pulse of Spain’s economic heartbeat.
Take Point
Just like any stock market investment, the IBEX 35 has its ups and downs. It’s not a get-rich-quick scheme. It’s more of a marathon than a sprint. So, if you’re in it for the long haul, keep a steady eye on the index, do your research, and consider seeking advice from financial experts.
That’s a wrap on the IBEX 35 Share Stock Market! Whether you’re a seasoned investor or just getting started, understanding this index can give you valuable insights into Spain’s economic landscape. Stay curious, keep learning, and who knows, you might just become a stock market guru! 🚀📈
Disclaimer: This post is for informational purposes only and is not financial advice. Investing in the stock market involves risks, and it’s important to do thorough research and consult with professionals before making any investment decisions.
FAQs
Which country stock exchange is IBEX 35?
The IBEX 35 (IBerian IndEX) is the benchmark stock market index of the Bolsa de Madrid, Spain’s principal stock exchange.
Which companies are in IBEX 35?
- Industria de Diseño Textil, SA. Market Cap (USD): $117.83 B.
- Iberdrola, SA. Market Cap (USD): $76.57 B.
- Banco Santander, SA. Market Cap (USD): $62.40 B.
- Banco Bilbao Vizcaya Argentaria, SA. Market Cap (USD): $44.89 B.
- Amadeus IT Group, SA. Market Cap (USD): $32.37 B.
- CaixaBank, SA.
- Naturgy Energy Group, SA.
- Cellnex Telecom, SA.
What does IBEX 35 index stand for?
The IBEX 35 is the benchmark stock market index of the Spanish stock exchange, and it measures the joint behaviour of the 35 most traded companies (those that arouse the greatest and most frequent buyer and seller interest among shareholders), from among those listed on the Electronic Stock Market Interconnection.
What is the IBEX 35 methodology?
IBEX 35 is made up by the 35 most liquid securities traded on the Spanish Stock Market. Selection criteria of constituents have no sector diversification bias. IBEX 35 constituents are weighted by market capitalization adjusted by free float.
Which country has the largest stock exchange in Africa?
South Africa
There are currently 29 stock exchanges operating in Africa, with a combined market capitalization of around $1.6 trillion. The largest exchanges are in South Africa, Nigeria, and Egypt, but there are also smaller exchanges in countries such as Kenya, Ghana, and Morocco.