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ibex definition

Date : 27-02-2023

The IBEX (Índice Bursátil Español) is the benchmark stock market index of the Bolsa de Madrid, Spain's principal stock exchange. It is comprised of the 35 most liquid and traded stocks on the Spanish stock market and serves as a barometer for the overall performance of the Spanish economy. The index is weighted by market capitalization, meaning that companies with larger market values have a greater impact on the index's movements. The IBEX is a crucial tool for investors, economists, and financial analysts to track the performance of the Spanish economy and its major companies.