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On Friday, after the election, Madrid's IBEX 35 benchmark stock market index fell by 1 percent and the two big Catalan banks, Caixa General and Banco Sabadell, fell by 3 percent, in spite of having moved their headquarters in October.
Furthermore, Cellnex (CLNX: MC) joined the selective IBEX 35 Spanish stock market index in June 2016.
AaAaAeAeAaAeAeA But the political instability provoked a drop Mo in Madrid's stock market, with shares on the IBEX 35 falling 2.
Looking at the stock exchange in Spain, the IBEX 35 index closed on Friday July 4 at 10.
The biggest stock on the IBEX 35, the Spanish telecom Telefonica, has had a terrible year, dropping nearly 20 percent in the past 12 months.
European indices are climbing today Spanish IBEX 35 Index was the only one dropping after output of weak macroeconomic forecast.
This, in turn has seen the IBEX 35 fall over 36 per centy/y and 23 per cent q/q (a pace of decline on a par with that seen during the depths of the financial crisis in 2008) to break decisively through the March 2009 lows.
This, in turn has seen the IBEX 35 fall over 36 per cent year-on-year and 23 per cent quarter-on-quarter (a pace of decline on a par with that seen during the depths of the financial crisis in 2008) to break decisively through the March 2009 lows.
News of the bailout, and concerns over how the government would raise the money, sent Spain's main IBEX 35 stock index down to nine-year lows Monday and the borrowing costs up to dangerously high levels.
Since January this year the company has been part of the blue-chip index IBEX 35.
65% since the beginning of the year and thus became the only firm of the blue-chip index IBEX 35 trading in the black in July.
07% of trading by turnover in Spanish blue chip index IBEX 35, according to data vendor Thomson Reuters.
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