IBEX 35 Surges Past 12,000: Spanish Stocks Gain Momentum in Afternoon Trading

Spain’s benchmark stock index, the IBEX 35, demonstrated significant strength during afternoon trading on April 8th, decisively pushing past the notable 12,000 points mark. The index showed robust upward momentum, indicating positive investor sentiment driving the Spanish market higher.

As recorded at 2:50:35 PM UTC+2, the IBEX 35 index value reached 12,070.80. This represents a substantial gain of +285.00 points, equating to a +2.42% increase for the trading day, according to INDEXBME data. This performance places the index well above its previous closing value of 11,785.80.

The intra-day chart illustrates a dynamic session for the Spanish index. After experiencing a dip in the morning, touching lows below the 11,800 level around 10:30 AM, the IBEX 35 reversed course sharply. It then maintained a consistent upward trajectory throughout the late morning and into the afternoon, climbing steadily towards the session’s highs seen at the time of the latest update. The crossing of the 12,000 threshold often represents a key psychological level for market watchers.

close