The IBEX 35 rose as much as 1% to around 8,170 on Monday, its highest level in over two weeks, supported by the start of the vaccination campaign across Europe and relief for a Brexit deal. Market sentiment was also boosted by fresh fiscal stimulus in the US as President Donald Trump signed into law the $2.3 trillion pandemic aid and spending package. On the domestic economic front, retail sales in Spain continued to decline in November and at the quickest pace since June, due to tighter lockdown measures to curb the spread of the COVID-19 pandemic.
Historically, the Spain Stock Market (IBEX 35) reached an all time high of 16040.40 in November of 2007. Spain Stock Market (IBEX 35) - data, forecasts, historical chart - was last updated on December of 2020.
The Spain Stock Market (IBEX 35) is expected to trade at 7943.59 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 7460.15 in 12 months time.