Particle.news

Download on the App Store

Ibex 35 Surpasses 14,000 Points for First Time Since 2008

The Spanish stock index hits a 17-year high as renewable energy stocks lead gains and the government concludes its review of BBVA’s bid for Banco Sabadell.

Archivo - Un panel del Ibex 35, en el Palacio de la Bolsa, a 29 de julio de 2024, en Madrid (España).

Overview

  • The Ibex 35 reached the 14,000-point milestone on May 16, 2025, its highest level since 2008, driven by strong corporate earnings and trade optimism.
  • Renewable energy companies, including Solaria, Acciona Energía, and Iberdrola, led the index's gains, reflecting investor confidence in the sector.
  • The Ministry of Economy concluded its public consultation on BBVA's takeover bid for Banco Sabadell, with a decision expected by May 27 on whether to escalate the matter to the Council of Ministers.
  • Spain's housing market showed robust growth, with home sales in March 2025 rising 40.6% year-on-year to their highest March level since 2007.
  • European markets mirrored the positive trend, with major indices such as Germany's DAX 40 and France's CAC 40 opening higher, supported by easing US-China trade tensions.