ES35

Spain 35 Cash Index

Indices CFD

-0.41%

Low - High

8888.5 - 8939

Spread
Swap Long
-27.07
Swap Short
-89.63
Margin Req.
2%
Trading Size
0.01 - 50
Contract Size
10
Leverage Up To
1:50
3-Day SWAPs
Friday

IBEX 35 Chart

Commission per lot (single side)

CLASSIC $0  PRO $0  VIP $0

Open

Monday 9:00

Close

Friday 20:59

Server Time

GMT+3

Daily Break

21:00-09:00

IBEX 35

About

ES35

The IBEX 35 is Spain's benchmark index. The IBEX 35 is considered one of the most important yardsticks for measuring the health of the Spanish economy. The companies that make up the index are the most liquid Spanish companies in the Spanish Stock Exchange Interconnection System (SIBE), an electronic trading platform used by the four Spanish stock exchanges (Madrid, Bilbao, Valencia, and Barcelona).

As the IBEX 35 is a market capitalization-weighted index, not all companies have the same weight. The companies that have the greatest weight within the index are the ones with the highest market capitalization. The falls and rises of those companies can have an impact on the index.

History

The IBEX 35 was founded on January 14, 1992. Although its name contains the number of companies that comprise it, it has not always included 35 companies. Sometimes the number of companies that comprise it amounted to 34 and others to 36. Since its foundation, more than 100 corporations have been part of the index. Companies such as Tabacalera, Iberia, and Endesa were some of the first constituents to form part of the index during its early years.

In the beginning, the IBEX 35 included companies from the energy, utilities, and tourism sectors. Not all the companies that made up the index when it was founded are still in it while others such as Telefónica have remained in the index for almost 30 years.

To join the index, companies are reviewed by the Technical Advisory Committee (TAC) which meets every 6 months (in June and December). In the event of extraordinary circumstances, the TAC may convene meetings as it deems appropriate.

The 35 companies with the highest trading volume in Euros over the previous six months and whose stock average free-float market cap reaches at least 0.3% of the total market cap of the index enter IBEX 35. Their stocks also need to have been traded on at least a third of all trading sessions in the previous six months or rank in the top twenty overall in market cap.

Important Milestones in the IBEX 35 Performance

The COVID-19 pandemic has caused major fluctuations in global economies. On November 9, 2020, following the announcement of the Pfizer vaccine, the IBEX 35 touched 7,500 points. A few months earlier, on March 12, 2020, amid the appearance and spread of the virus, the index experienced the biggest fall in its history. It fell 14.06% to 6,390 points.

On May 10, 2010, the attempts to halt the fall of the Euro, as well as the elimination of the speculation on the sovereign debt of some member states, caused the IBEX 35 to record one of the biggest rises in its history reaching 14.43%.

On October 13, 2008, the IBEX 35 achieved another remarkable rise of 10.65%. The rise was attributed to the package of measures to support banking and foreign exchange markets launched by the G7 and the Eurozone countries. The 10th and 22nd of the same month marked two other important dates in the index´s history - the index’s falls of 9.14% and 8.16% respectively. The falls are attributed to the collapse of the Lehman Brothers financial services firm.

The Brexit, the separation of the United Kingdom from the European Union, also triggered losses for the Spanish stock market, causing the IBEX 35 to fall by 12.35% on June 24, 2016.

IBEX 35 Constituent Companies as of 13 July 2021:

ACCIONA

Acciona is an infrastructure and renewable energy company founded in 1900, in Galicia. The multinational company has carried out projects in major cities and popular ports. The global company works in the expansion of railway lines as well. It operates both domestically and internationally and has developed projects on five continents. The construction company closed 2020 with a net profit of 380 million Euro.

ACERINOX

Acerinox is a multinational company specializing in the manufacture of stainless steel and nickel alloys. The company, which is present in five continents, was founded in 1970 in Spain and sells its products to more than 80 countries around the world. The multinational steel company had recorded a profit of 31 million Euro from the beginning of 2020 until September of the same year.

ACS Group

ACS is a multinational company founded in 1983. It mainly focuses on infrastructures for all types of civil works, building, transport, communications, energy, and mining projects. The company is also involved in the development and operation of transport concessions. The conglomerate closed 2020 with a net profit of 574 million Euro.

AENA SA

Aena is a leading airport operator. The company specializing in airport management handled 293 million passengers in 2019 at airports in Spain and England. The company manages the Luton airport in England, 46 airports and 5 heliports in Spain, and is involved in the management of 22 other airports in Latin America. The market capitalization of the multinational operator is 20,595 million Euro as of July 13, 2021.

ALMIRALL

Almirall is a Barcelona-based multinational pharmaceutical company focusing on skincare. The company has more than 13 affiliates between the EU and the US and has a direct presence in more than 20 countries. Its 2020 EBITDA (Earnings Before Interest, Taxes, and Amortization) was more than 238 million Euro.

ACCIONA CIE AUTOMOTIVE MELIA HOTELS
ACERINOX ENAGAS MERLIN PROP.
ACS Group FERROVIAL NATURGY
AENA SA GRIFOLS PHARMA MAR SA
ALMIRALL IAG REPSOL
AMADEUS IBERDROLA SANTANDER
ARCELORMITTAL INDITEX SIEMENS GAMESA
SABADELL INDRA SOLARIA
BANKINTER INMOBILIARIA COLONIAL TELEFÓNICA
BBVA MAPFRE VISCOFAN
CAIXABANK MELIA HOTELS
CELLNEX MERLIN PROP.
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