The Ibex 35 exceeds 20,000 points for the first time
The short version
The Ibex 35 surpassed 20,000 points for the first time on August 4. The index closed at 20,023 points, an all-time record in its more than three decades of existence.
The Ibex 35 closed on August 4 at 20,023 points, surpassing the 20,000 mark for the first time.3 The index registered an increase of 0.2% compared to the previous session.3 The Ibex 35 had reached 20,000 points on August 3, closing 17 points behind them.2
The Spanish selective rebounded 1.01% on August 3, driven by the moderation of the oil price and business results.2 On August 3, the Ibex 35 closed close to 20,000 points after posting a 1% rise.1 The optimism in the stock markets on August 3 was attributed to negotiations between the United States and Iran to end the conflict in the Middle East.1
The Ibex 35 hit new all-time highs on August 4, in a session marked by falling oil prices.4 Expectations of a de-escalation in the Middle East influenced the behavior of global markets and the Ibex 35.4
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